Question 1

Shortening the activity completion time is called

Accepted Answer

A) expediting 
B) speeding 
C) accelerating 
D) crashing 
A) expediting 
B) speeding 
C) accelerating 
D) crashing

Question 2

There are various similarities between the CPM and PERT methods. Which of the following is not one of those similarities?

Accepted Answer

A) Any project can be broken down into component activities that require different amounts of time. 
B) Any project can be broken down into component activities that must be accomplished in a specific order. 
C) Both techniques use the same method to calculate the time element of the activities in the project. 
D) Both require a detailed network of the project that clearly indicates each of the main activities and the precedence relationship among the activities. 
A) Any project can be broken down into component activities that require different amounts of time. 
B) Any project can be broken down into component activities that must be accomplished in a specific order. 
C) Both techniques use the same method to calculate the time element of the activities in the project. 
D) Both require a detailed network of the project that clearly indicates each of the main activities and the precedence relationship among the activities.

Question 3

The following questions employ the AON network and partial spreadsheet below.    
-Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

Accepted Answer

A) E, F 
B) B 
C) C 
D) B, C 
A) E, F 
B) B 
C) C 
D) B, C

Question 4

A strength of Gantt charts is that they

Accepted Answer

A) clearly portray precedence relationships. 
B) model uncertainty in activity duration times. 
C) provide a timeline-based, graphical view of when activities can begin and end. 
D) clearly identifies the critical path. 
A) clearly portray precedence relationships. 
B) model uncertainty in activity duration times. 
C) provide a timeline-based, graphical view of when activities can begin and end. 
D) clearly identifies the critical path.

Question 5

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.3. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. Based on the data in the spreadsheet, which activities are on the critical path?

Accepted Answer

Activities

Question 6

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.3. Identify each path through the network and its expected length.

Accepted Answer

A-B-D-G = 19 DAYS
A-

Question 7

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.3. Draw the CPM network for this problem. Use AON notation.

Accepted Answer

The answer of 
The following questions are based on the...

Question 8

What are the immediate predecessors of activity D in this network?

Accepted Answer

A) A, B, C 
B) B, C 
C) E, F 
D) E, G, H 
A) A, B, C 
B) B, C 
C) E, F 
D) E, G, H

Question 9

What is the correct formula to compute the variance of an activity using PERT?

Accepted Answer

A)   
B)   
C)   
D)   
A)   
B)   
C)   
D)

Question 10

Non-critical activities are distinguished by the presence of

Accepted Answer

A) positive slack. 
B) idle resources. 
C) wasted time. 
D) zero slack. 
A) positive slack. 
B) idle resources. 
C) wasted time. 
D) zero slack.

Question 11

What is the earliest start time for activity D in the following diagram?

Accepted Answer

A) 3 
B) 4 
C) 6 
D) 7 
A) 3 
B) 4 
C) 6 
D) 7

Question 12

The critical path in PERT analysis is the path with the

Accepted Answer

A) smallest variance. 
B) longest expected completion time. 
C) smallest number of tasks. 
D) smallest variance and longest expected completion time. 
A) smallest variance. 
B) longest expected completion time. 
C) smallest number of tasks. 
D) smallest variance and longest expected completion time.

Question 13

Which activities are critical in the following diagram?

Accepted Answer

A) A, C, D, F 
B) B, D, E 
C) A, C, D, E 
D) A, B, D, E, F 
A) A, C, D, F 
B) B, D, E 
C) A, C, D, E 
D) A, B, D, E, F

Question 14

Which activities have slack in the following diagram?

Accepted Answer

A) A, C, D, F 
B) B, E 
C) A, C, D, E 
D) B, D, E 
A) A, C, D, F 
B) B, E 
C) A, C, D, E 
D) B, D, E

Question 15

Slack for activity I is computed as

Accepted Answer

A) LFTi - ESTi 
B) LSTi - ESTi 
C) ESTi -LSTi 
D) EFTi - LFTi 
A) LFTi - ESTi 
B) LSTi - ESTi 
C) ESTi -LSTi 
D) EFTi - LFTi

Question 16

Critical activities are distinguished by the presence of

Accepted Answer

A) slack. 
B) idle resources. 
C) wasted time. 
D) zero slack. 
A) slack. 
B) idle resources. 
C) wasted time. 
D) zero slack.

Question 17

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.3. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. What formulas should go into cells E2:E8 to calculate Earliest Start Times?

Accepted Answer

The answer of 
The following questions are based on the...

Question 18

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.3. Manually determine the earliest and latest start and finish times for each activity and the amount of slack for each activity. What is the critical path for the project and how long should it take to complete it?

Accepted Answer

@#IMG-DLM& Critical

Question 19

The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
  
-Refer to Exhibit 15.4. Identify each path through the network and its expected length.

Accepted Answer

A-B-C-D-G

Question 20

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

Accepted Answer

A) significance relationships. 
B) precedence relationships. 
C) tasks to complete. 
D) task times. 
A) significance relationships. 
B) precedence relationships. 
C) tasks to complete. 
D) task times.

Shortening the activity completion time is called

There are various similarities between the CPM and PERT methods. Which of the following is not one of those similarities?

The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

A strength of Gantt charts is that they

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.3. Identify each path through the network and its expected length.

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.3. Draw the CPM network for this problem. Use AON notation.

What are the immediate predecessors of activity D in this network?

What is the correct formula to compute the variance of an activity using PERT?

Non-critical activities are distinguished by the presence of

What is the earliest start time for activity D in the following diagram?

The critical path in PERT analysis is the path with the

Which activities are critical in the following diagram?

Which activities have slack in the following diagram?

Slack for activity I is computed as

Critical activities are distinguished by the presence of

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.4. Identify each path through the network and its expected length.

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

Introduction to Modeling and Decision Analysis

Introduction to Optimization and Linear Programming

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming and Evolutionary Optimization

Regression Analysis

Discriminant Analysis

Time Series Forecasting

Introduction to Simulation Using Risk Solver Platform

Queuing Theory

Decision Analysis

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Exam 15: Project Management Online

Shortening the activity completion time is called

There are various similarities between the CPM and PERT methods. Which of the following is not one of those similarities?

The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

A strength of Gantt charts is that they

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.3. Identify each path through the network and its expected length.

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.3. Draw the CPM network for this problem. Use AON notation.

What are the immediate predecessors of activity D in this network?

What is the correct formula to compute the variance of an activity using PERT?

Non-critical activities are distinguished by the presence of

What is the earliest start time for activity D in the following diagram?

The critical path in PERT analysis is the path with the

Which activities are critical in the following diagram?

Which activities have slack in the following diagram?

Slack for activity I is computed as

Critical activities are distinguished by the presence of

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.4. Identify each path through the network and its expected length.

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

Introduction to Modeling and Decision Analysis

Introduction to Optimization and Linear Programming

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming and Evolutionary Optimization

Regression Analysis

Discriminant Analysis

Time Series Forecasting

Introduction to Simulation Using Risk Solver Platform

Queuing Theory

Decision Analysis

Filters