Question 1

The latest starting time for an activity is equal to the latest finish time minus the activity time.

Accepted Answer

A) True 
 B)False  True

Question 2

In the probabilistic approach to precedence network analysis,the duration estimate annotated "tm" for any activity is the:

Accepted Answer

A)  mean duration. 
B)  median duration. 
C)  most likely duration. 
D)  optimistic duration. 
E)  pessimistic duration. 
A)  mean duration. 
B)  median duration. 
C)  most likely duration. 
D)  optimistic duration. 
E)  pessimistic duration. C

Question 3

-What are the estimated expected (mean)durations (in weeks)for activities A-H?

Accepted Answer

15; 20; 10; 35; 25; 30; 20; 5

Question 4

What is the probability that this project will be completed within 205 days?

Accepted Answer

A)  0.6826 
B)  0.8413 
C)  0.9544 
D)  0.9772 
E)  0.9987 
A)  0.6826 
B)  0.8413 
C)  0.9544 
D)  0.9772 
E)  0.9987

Question 5

In "crashing",a project manager will generally focus on activities which:

Accepted Answer

A)  are not on the critical path. 
B)  are the least costly to crash. 
C)  are costly to crash and are on the critical path. 
D)  are on the critical path and are the least costly to crash. 
E)  none of the choices are correct. 
A)  are not on the critical path. 
B)  are the least costly to crash. 
C)  are costly to crash and are on the critical path. 
D)  are on the critical path and are the least costly to crash. 
E)  none of the choices are correct.

Question 6

Purchase planning is typically outside the scope of project planning activities.

Accepted Answer

A) True 
 B)False

Question 7

Determine the amount of slack in each of a project's activities (see the list below),and identify those which are on the critical path.

Accepted Answer

The answer of Determine the amount of slack in each...

Question 8

Which of the following is not a form of risk reduction in project management?

Accepted Answer

A)  Backup systems 
B)  Outsourcing components of the project 
C)  Frequent monitoring of project activities 
D)  Expand the project scope to reduce external dependencies 
E)  Improving communications 
A)  Backup systems 
B)  Outsourcing components of the project 
C)  Frequent monitoring of project activities 
D)  Expand the project scope to reduce external dependencies 
E)  Improving communications

Question 9

A hierarchical listing of what must be done during the project is called:

Accepted Answer

A)  work breakdown structure (WBS). 
B)  program evaluation and review technique (PERT). 
C)  planning matrix. 
D)  crashing. 
E)  critical path method (CPM). 
A)  work breakdown structure (WBS). 
B)  program evaluation and review technique (PERT). 
C)  planning matrix. 
D)  crashing. 
E)  critical path method (CPM).

Question 10

The standard deviation of the duration of the critical path is equal to the square root of the sum of the variances of all of the activities on the critical path.

Accepted Answer

A) True 
 B)False

Question 11

A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity te is:

Accepted Answer

A)  7.0 
B)  7.5 
C)  8.0 
D)  8.5 
E)  10.0 
A)  7.0 
B)  7.5 
C)  8.0 
D)  8.5 
E)  10.0

Question 12

What is the estimated slack time for the path A-D-F?

Accepted Answer

A)  0 days 
B)  20 days 
C)  40 days 
D)  60 days 
E)  100 days 
A)  0 days 
B)  20 days 
C)  40 days 
D)  60 days 
E)  100 days

Question 13

What is the estimated slack time for the path B-D-F?

Accepted Answer

A)  0 days 
B)  30 days 
C)  40 days 
D)  50 days 
E)  100 days 
A)  0 days 
B)  30 days 
C)  40 days 
D)  50 days 
E)  100 days

Question 14

-What is the critical path for this project network?

Accepted Answer

The answer of  
-What is the critical path for...

Question 15

The project management strategy of injecting additional resources in order to reduce the length of the project is called:

Accepted Answer

A)  expediting. 
B)  rushing. 
C)  panicking. 
D)  crashing. 
E)  none of the choices are correct. 
A)  expediting. 
B)  rushing. 
C)  panicking. 
D)  crashing. 
E)  none of the choices are correct.

Question 16

The life cycle of a project includes which of the following phases?
I.Initiation
II.Planning and scheduling
III.Growth and maturity
IV.Closeout

Accepted Answer

A)  I and II only 
B)  II and III only 
C)  I, II, and IV only 
D)  II, III, and IV only 
E)  I, II, III, and IV 
A)  I and II only 
B)  II and III only 
C)  I, II, and IV only 
D)  II, III, and IV only 
E)  I, II, III, and IV

Question 17

The principal advantage a Gantt chart has over other project scheduling techniques is:

Accepted Answer

A)  its ability to reveal relationships among activities. 
B)  it illustrates multiple paths as a project network. 
C)  it focuses on the critical path. 
D)  its simplicity. 
E)  both cost and time are included in the chart. 
A)  its ability to reveal relationships among activities. 
B)  it illustrates multiple paths as a project network. 
C)  it focuses on the critical path. 
D)  its simplicity. 
E)  both cost and time are included in the chart.

Question 18

Consecutive activities on the same path have shared slack,which means if activities are delayed,the amount of slack remaining is reduced for all these activities without delaying completion of the project.

Accepted Answer

A) True 
 B)False

Question 19

The standard deviation of a project duration is equal to the sum of the variances of all the activities of the project.

Accepted Answer

A) True 
 B)False

Question 20

What is the estimated standard deviation of the duration for activity E?

Accepted Answer

A)  2 days 
B)  3 days 
C)  4 days 
D)  16 days 
E)  24 days 
A)  2 days 
B)  3 days 
C)  4 days 
D)  16 days 
E)  24 days

Exam 17: Project Management

The latest starting time for an activity is equal to the latest finish time minus the activity time.

In the probabilistic approach to precedence network analysis,the duration estimate annotated "tm" for any activity is the:

-What are the estimated expected (mean)durations (in weeks)for activities A-H?

What is the probability that this project will be completed within 205 days?

In "crashing",a project manager will generally focus on activities which:

Purchase planning is typically outside the scope of project planning activities.

Determine the amount of slack in each of a project's activities (see the list below),and identify those which are on the critical path.

Which of the following is not a form of risk reduction in project management?

A hierarchical listing of what must be done during the project is called:

The standard deviation of the duration of the critical path is equal to the square root of the sum of the variances of all of the activities on the critical path.

A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity te is:

What is the estimated slack time for the path A-D-F?

What is the estimated slack time for the path B-D-F?

-What is the critical path for this project network?

The project management strategy of injecting additional resources in order to reduce the length of the project is called:

The life cycle of a project includes which of the following phases? I.Initiation II.Planning and scheduling III.Growth and maturity IV.Closeout

The principal advantage a Gantt chart has over other project scheduling techniques is:

Consecutive activities on the same path have shared slack,which means if activities are delayed,the amount of slack remaining is reduced for all these activities without delaying completion of the project.

The standard deviation of a project duration is equal to the sum of the variances of all the activities of the project.

What is the estimated standard deviation of the duration for activity E?

Introduction to Operations Management

Competitiveness, Strategic Planning, and Productivity

Demand Forecasting

A: Product Design

B: Product Design

A: Strategic Capacity Planning

B: Strategic Capacity Planning

A: Process Design and Facility Layout

B: Process Design and Facility Layout

A: Design of Work Systems

B: Design of Work Systems

A: Location Planning and Analysis

B: Location Planning and Analysis

Management of Quality

A: Statistical Quality Control

B: Statistical Quality Control

Supply Chain Management

Inventory Management

Aggregate Operations Planning

Material Requirements Planning and Enterprise Resource Planning

A: Just-In-Time and Lean Production

B: Just-In-Time and Lean Production

Job and Staff Scheduling

A: Waiting-Line Analysis

B: Waiting-Line Analysis

Filters

A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity t_e is: