Exam 15: Project Management Online

The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What array formula is placed in cell E5 to calculate the Earliest Start Time?

Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity A to the node for activity C?

A company wants to use PERT to manage a project. They have developed the following spreadsheet for the problem. What formula should go in cell F3 of the spreadsheet to compute the Activity Time when simulating a PERT analysis?

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. 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?

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. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. What formulas should go into cells F2:F8 to calculate Earliest Finish Times, G2:G8 to calculate Latest Start Times, and cells I2:I8 to calculate the Slack?

How many paths are there in the following project precedence network?

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. Draw the CPM network for this problem. Use AON notation.

A company wants to use PERT to manage a project. They have developed the following spreadsheet for the problem. If The Risk Solver Platform (RSP) is used, what formula should go in cell F3 of the spreadsheet to compute the Activity Time when simulating a PERT analysis?

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. 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?

Which of the following correctly describes the focus of the Program Evaluation and Review Technique (PERT)?

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 F2:F8 to calculate Earliest Finish Times, G2:G8 to calculate Latest Start Times, and cells I2:I8 to calculate the Slack?

Which of the following definitions correctly defines the acronym, PERT?

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

Which of the following is true regarding projects?

If the following project must be completed by day 18 at minimum cost how do we change the LP model?

The following questions use the information below. A company wants to crash a project and reduce the time required to complete it. They have developed the following table of activity costs and times and a spreadsheet to compute starting time for each activity. -Refer to Exhibit 15.5. What formula should go in cell H3 of the Costs spreadsheet to compute Crash Cost Per Day?

The following questions employ the AON network and completed spreadsheet below. -Refer to Exhibit 15.2. Which of the following activities is not on the critical path for the network?

Which of the following correctly describes the focus of the Critical Path Method (CPM)?

The critical path is the ____ path throughout the network.

Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Modify the table above by completing the following table. For column 3, list only the immediate predecessors for each activity.