Question 1

What is the estimated expected (mean) time for project completion?

Accepted Answer

A) 35 weeks 
B) 39 weeks 
C) 50 weeks 
D) 104 weeks 
E) 105 weeks 
A) 35 weeks 
B) 39 weeks 
C) 50 weeks 
D) 104 weeks 
E) 105 weeks C

Question 2

A popular tool for planning and scheduling simple projects, and for initial planning on more complex projects, is the:

Accepted Answer

A) activity-on-arrows network 
B) activity-on-nodes network 
C) Gantt chart 
D) critical path method 
E) program evaluation and review technique 
A) activity-on-arrows network 
B) activity-on-nodes network 
C) Gantt chart 
D) critical path method 
E) program evaluation and review technique C

Question 3

Activity J has a duration of 7 and an earliest finish time of 21.If J's latest start time is 16, this must mean that J's slack is ________.

Accepted Answer

A) 7 
B) 4 
C) 3 
D) 2 
E) 1 
A) 7 
B) 4 
C) 3 
D) 2 
E) 1 D

Question 4

The basis for use of the beta distribution in PERT is:

Accepted Answer

A) essentially theoretical. 
B) its adaptability. 
C) its symmetry. 
D) It is bimodal. 
E) It can easily be converted to a normal distribution. 
A) essentially theoretical. 
B) its adaptability. 
C) its symmetry. 
D) It is bimodal. 
E) It can easily be converted to a normal distribution.

Question 5

What is the probability that the critical path for this project will be completed within 210 days?

Accepted Answer

A) 0.5000 
B) 0.8413 
C) 0.9544 
D) 0.9772 
E) 0.9987 
A) 0.5000 
B) 0.8413 
C) 0.9544 
D) 0.9772 
E) 0.9987

Question 6

What is the estimated expected (mean) time for activity E?

Accepted Answer

A) 91 days 
B) 99 days 
C) 100 days 
D) 101 days 
E) 115 days 
A) 91 days 
B) 99 days 
C) 100 days 
D) 101 days 
E) 115 days

Question 7

Simulation can be used for cases in which network activity times are dependent.

Accepted Answer

A) True 
 B)False

Question 8

What is the estimated slack time for activity A?

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 9

Matrix organizations transfer control of workers to project managers for the duration of the project.

Accepted Answer

A) True 
 B)False

Question 10

What is the estimated expected (mean) time (in weeks) for project completion?

Accepted Answer

The answer of What is the estimated expected (mean) time...

Question 11

Although PERT and CPM were originally developed for somewhat different types of projects, they are now nearly identical in terms of analysis and procedures.

Accepted Answer

A) True 
 B)False

Question 12

What is the estimated expected (mean) time for activity Y?

Accepted Answer

A) 30 days 
B) 29 days 
C) 38 days 
D) 26 days 
E) 35 days 
A) 30 days 
B) 29 days 
C) 38 days 
D) 26 days 
E) 35 days

Question 13

A disadvantage of activity-on-node diagrams is the occasional need for dummy activities.

Accepted Answer

A) True 
 B)False

Question 14

What activities make up the critical path?

Accepted Answer

Critical p

Question 15

Deterministic networks use three time estimates - shortest, most likely and longest - for each activity in order to best determine the activity's estimated time.

Accepted Answer

A) True 
 B)False

Question 16

There are four activities on the critical path.Coincidentally, their standard deviations are all equal to 4.The standard deviation of the critical path is therefore equal to:

Accepted Answer

A) 2 
B) 4 
C) 8 
D) 16 
E) 64 
A) 2 
B) 4 
C) 8 
D) 16 
E) 64

Question 17

The expected duration of this project is:

Accepted Answer

A) 12 
B) 17 
C) 20 
D) 36 
E) 77 
A) 12 
B) 17 
C) 20 
D) 36 
E) 77

Question 18

Good project management is especially important with virtual teams.

Accepted Answer

A) True 
 B)False

Question 19

Only activities on the critical path are initial candidates for crashing.

Accepted Answer

A) True 
 B)False

Question 20

Within what amount of time (in weeks) is there a 90% probability that the critical path for this project will be completed? 95%? 99%?

Accepted Answer

The answer of Within what amount of time (in weeks)...

Exam 17: Project Management

What is the estimated expected (mean) time for project completion?

A popular tool for planning and scheduling simple projects, and for initial planning on more complex projects, is the:

Activity J has a duration of 7 and an earliest finish time of 21.If J's latest start time is 16, this must mean that J's slack is ________.

The basis for use of the beta distribution in PERT is:

What is the probability that the critical path for this project will be completed within 210 days?

What is the estimated expected (mean) time for activity E?

Simulation can be used for cases in which network activity times are dependent.

What is the estimated slack time for activity A?

Matrix organizations transfer control of workers to project managers for the duration of the project.

What is the estimated expected (mean) time (in weeks) for project completion?

Although PERT and CPM were originally developed for somewhat different types of projects, they are now nearly identical in terms of analysis and procedures.

What is the estimated expected (mean) time for activity Y?

A disadvantage of activity-on-node diagrams is the occasional need for dummy activities.

What activities make up the critical path?

Deterministic networks use three time estimates - shortest, most likely and longest - for each activity in order to best determine the activity's estimated time.

There are four activities on the critical path.Coincidentally, their standard deviations are all equal to 4.The standard deviation of the critical path is therefore equal to:

The expected duration of this project is:

Good project management is especially important with virtual teams.

Only activities on the critical path are initial candidates for crashing.

Within what amount of time (in weeks) is there a 90% probability that the critical path for this project will be completed? 95%? 99%?

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

MRP and ERP

Inventory Management

Jit and Lean Operations

Supply Chain Management

Scheduling

Management of Waiting Lines

Linear Programming

Extension 4: Reliability

Extension 5: Decision Theory

Extension 7: Learning Curves

Extension 8: The Transportation Model

Extension 10: Acceptance Sampling

Extension 14: Maintenance

Filters