Question 1

CPM is an abbreviation for Critical Path Method.

Accepted Answer

A) True 
 B)False

Question 2

The major goal of Critical Path analysis is to:

Accepted Answer

A) Estimate the project's completion date 
B) Identify and manage the critical path 
C) Determine the latest feasible start date 
D) Provide a visual aid that indicates precedent and antecedent relationships 
E) To determine when each activity in the project should be scheduled 
A) Estimate the project's completion date 
B) Identify and manage the critical path 
C) Determine the latest feasible start date 
D) Provide a visual aid that indicates precedent and antecedent relationships 
E) To determine when each activity in the project should be scheduled

Question 3

Breakthrough projects are those that provide fundamental improvements to existing products.

Accepted Answer

A) True 
 B)False

Question 4

company must perform a maintenance project consisting of seven activities.The activities,their predecessors,and their respective time estimates are presented below:
 
Using CPM,which activities have slack in this project?

Accepted Answer

A) A,B,C 
B) B,D 
C) Only C 
D) C,E 
A) A,B,C 
B) B,D 
C) Only C 
D) C,E

Question 5

The critical path of activities in a project is the sequence of activities that form the shortest chain in a project network of activities.

Accepted Answer

A) True 
 B)False

Question 6

The activity direct costs associated with a project might include giving workers overtime to complete a project in less than the expected time.

Accepted Answer

A) True 
 B)False

Question 7

One of the assumptions made using CPM is that project activity sequence relationships can be specified and networked.

Accepted Answer

A) True 
 B)False

Question 8

Some of the advantages of a functional project where the project is housed in a functional division include which of the following?

Accepted Answer

A) The project manager has full authority over the project 
B) Team pride,motivation,and commitment are high 
C) A team member can work on several projects 
D) Needs of the client are secondary 
E) None of these 
A) The project manager has full authority over the project 
B) Team pride,motivation,and commitment are high 
C) A team member can work on several projects 
D) Needs of the client are secondary 
E) None of these

Question 9

For an activity in a CPM analysis the Early Finish time is 20 and the Late Finish time is 20.Which of the following statements is true?

Accepted Answer

A) The activity's late start must happen before its early start 
B) The activity is on the critical path 
C) The slack for this activity is 20 
D) The duration of this task is zero 
E) The duration of this task is 20 
A) The activity's late start must happen before its early start 
B) The activity is on the critical path 
C) The slack for this activity is 20 
D) The duration of this task is zero 
E) The duration of this task is 20

Question 10

You have been placed in charge of a large project.Shortened communication lines are required to ensure quick resolution of problems as they arise.You recognize that the project is going to take a lot of time and require a lot of team pride,motivation,and commitment by all members.Which project management structure should you use in this situation?

Accepted Answer

A) Pure Project 
B) Task force 
C) Matrix Project 
D) Functional Project 
E) PERT 
A) Pure Project 
B) Task force 
C) Matrix Project 
D) Functional Project 
E) PERT

Question 11

One of the assumptions made using CPM is that project activities can be identified with clear beginning and ending points.

Accepted Answer

A) True 
 B)False

Question 12

The valuations in an Earned Value Management analysis must be either profits or revenue.

Accepted Answer

A) True 
 B)False

Question 13

project can be subdivided into which of the following?

Accepted Answer

A) Job orders 
B) Sub-jobs 
C) Work packages 
D) Sub-paths 
E) Events and decisions 
A) Job orders 
B) Sub-jobs 
C) Work packages 
D) Sub-paths 
E) Events and decisions

Question 14

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

Accepted Answer

A) True 
 B)False

Question 15

In CPM analysis it is generally expected that the relationship between activity direct costs and project indirect costs will be which of the following?

Accepted Answer

A) Positively related 
B) Optimally related 
C) Negatively related 
D) Not related 
E) Fractionally related 
A) Positively related 
B) Optimally related 
C) Negatively related 
D) Not related 
E) Fractionally related

Question 16

You have collected the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the project "direct costs" are given below.
The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days the total indirect costs are $400,15 days they will be $250,14 days they will be $200,and 13 days they will be $100.If you crash this project by one day what is the total (i.e. ,direct and indirect)project cost?

Accepted Answer

A) $2,150 
B) $2,300 
C) $2,400 
D) $2,450 
E) $2,500 
A) $2,150 
B) $2,300 
C) $2,400 
D) $2,450 
E) $2,500

Question 17

project starts out as which of the following?

Accepted Answer

A) A Statement of Work 
B) Critical Path Method (CPM) 
C) A series of milestones 
D) A Gantt chart 
E) A latest-start-time estimate 
A) A Statement of Work 
B) Critical Path Method (CPM) 
C) A series of milestones 
D) A Gantt chart 
E) A latest-start-time estimate

Question 18

Below are the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the costs include both direct and indirect costs.
What are the total time of this project and total normal cost?

Accepted Answer

A) Total time is 13 days,total cost is $1200 
B) Total time is 12 days,total cost is $1700 
C) Total time is 11 days,total cost is $1600 
D) Total time is 10 days,total cost is $1750 
E) Total time is 9 days,total cost is $1700 
A) Total time is 13 days,total cost is $1200 
B) Total time is 12 days,total cost is $1700 
C) Total time is 11 days,total cost is $1600 
D) Total time is 10 days,total cost is $1750 
E) Total time is 9 days,total cost is $1700

Question 19

Project management software available today combines CPM and other scheduling aids,like Gantt charting,to aid in tracking progress of project completion.

Accepted Answer

A) True 
 B)False

Question 20

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

Accepted Answer

A) True 
 B)False

CPM is an abbreviation for Critical Path Method.

The major goal of Critical Path analysis is to:

Breakthrough projects are those that provide fundamental improvements to existing products.

company must perform a maintenance project consisting of seven activities.The activities,their predecessors,and their respective time estimates are presented below: Using CPM,which activities have slack in this project?

The critical path of activities in a project is the sequence of activities that form the shortest chain in a project network of activities.

The activity direct costs associated with a project might include giving workers overtime to complete a project in less than the expected time.

One of the assumptions made using CPM is that project activity sequence relationships can be specified and networked.

Some of the advantages of a functional project where the project is housed in a functional division include which of the following?

For an activity in a CPM analysis the Early Finish time is 20 and the Late Finish time is 20.Which of the following statements is true?

One of the assumptions made using CPM is that project activities can be identified with clear beginning and ending points.

The valuations in an Earned Value Management analysis must be either profits or revenue.

project can be subdivided into which of the following?

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

In CPM analysis it is generally expected that the relationship between activity direct costs and project indirect costs will be which of the following?

project starts out as which of the following?

Below are the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the costs include both direct and indirect costs. What are the total time of this project and total normal cost?

Project management software available today combines CPM and other scheduling aids,like Gantt charting,to aid in tracking progress of project completion.

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

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Exam 5: Projects Manufacturing and Service Processes

CPM is an abbreviation for Critical Path Method.

The major goal of Critical Path analysis is to:

Breakthrough projects are those that provide fundamental improvements to existing products.

company must perform a maintenance project consisting of seven activities.The activities,their predecessors,and their respective time estimates are presented below: Using CPM,which activities have slack in this project?

The critical path of activities in a project is the sequence of activities that form the shortest chain in a project network of activities.

The activity direct costs associated with a project might include giving workers overtime to complete a project in less than the expected time.

One of the assumptions made using CPM is that project activity sequence relationships can be specified and networked.

Some of the advantages of a functional project where the project is housed in a functional division include which of the following?

For an activity in a CPM analysis the Early Finish time is 20 and the Late Finish time is 20.Which of the following statements is true?

One of the assumptions made using CPM is that project activities can be identified with clear beginning and ending points.

The valuations in an Earned Value Management analysis must be either profits or revenue.

project can be subdivided into which of the following?

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

In CPM analysis it is generally expected that the relationship between activity direct costs and project indirect costs will be which of the following?

project starts out as which of the following?

Below are the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the costs include both direct and indirect costs. What are the total time of this project and total normal cost?

Project management software available today combines CPM and other scheduling aids,like Gantt charting,to aid in tracking progress of project completion.

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters