Question 1

Which of the following is incorrect regarding time/cost trade-offs?

Accepted Answer

A) The relationship between time and cost is proportional 
B) Some activities cannot be crashed 
C) The minimum cost can be found by crashing all activities as much as possible 
D) Crashing priority is based on the amount of uncertainty in activity times 
A) The relationship between time and cost is proportional 
B) Some activities cannot be crashed 
C) The minimum cost can be found by crashing all activities as much as possible 
D) Crashing priority is based on the amount of uncertainty in activity times D

Question 2

The network below represents a project being analyzed by the Critical Path Method.   
a.What activity must be on the critical path, regardless of activity durations?
b.What is the duration of path A-B-E-H-J?
c.What is the critical path of this network?
d.What is the length of the critical path?

Accepted Answer

a.A
b.20
c.A, B, G, I, J
d.30

Question 3

Because the preparation of annual reports is done on a repeating basis, project management techniques are not appropriate.

Accepted Answer

A) True 
 B)False  False

Question 4

Data regarding the activities for a project are presented below. The times are in weeks. The critical path for this project is A - D - H - I - J - K.   
a.Determine the standard deviation of the critical path.
b.Determine the probability of completing the project in 38 weeks or less.
c.What is the probability of completing the project in 32 weeks or less?

Accepted Answer

The answer of Data regarding the activities for a project...

Question 5

Describe how a project fits into each of the three common organizational structures.

Accepted Answer

1.Pure Project Organizational Structure.

Question 6

Strong leadership is an impediment to project management success because of the team-based nature of most projects.

Accepted Answer

A) True 
 B)False

Question 7

You are in charge of the "advertising program" for the Boston Red Sox baseball team during their spring training in Fort Myers, Florida. You have defined the advertising program as a project with the following characteristics. The goal is to fill all stadium seats during the spring training season.   
a.What is the earliest completion time for this project?
b.What is the largest amount of slack that any activity has in this project?
c.If activity C is delayed three weeks, what is the revised earliest project completion time?
d.For the original CPM problem, what is the minimum number of activities that would have to be crashed in order to reduce the project's earliest completion time by two weeks assuming all activity crash costs per week are the same and all activities can be crashed?

Accepted Answer

a.12 weeks

Question 8

Which statement is true regarding activities not on the critical path?

Accepted Answer

A) Usually cannot be delayed 
B) Have less slack than activities on the critical path 
C) Can delay a project if they are highly variable 
D) Are used to crash project completion times 
A) Usually cannot be delayed 
B) Have less slack than activities on the critical path 
C) Can delay a project if they are highly variable 
D) Are used to crash project completion times

Question 9

Which of the following is least related to Program Evaluation and Review Technique (PERT)?

Accepted Answer

A) Beta distribution 
B) Variance 
C) Most probable time 
D) Crashing 
A) Beta distribution 
B) Variance 
C) Most probable time 
D) Crashing

Question 10

With the Activity-On-Node (AON) network, the nodes define the precedence relationships and the arcs define the work activities.

Accepted Answer

A) True 
 B)False

Question 11

In which stage in the project life cycle would critical path calculations be performed?

Accepted Answer

A) Define 
B) Plan 
C) Organize 
D) Control 
A) Define 
B) Plan 
C) Organize 
D) Control

Question 12

Explain the three time estimates used to characterize uncertainty of activity times in the Program Evaluation and Review Technique (PERT) procedure.

Accepted Answer

When times are uncertain, they are often

Question 13

Describe the four major steps in the project-planning process.

Accepted Answer

The four steps are:
1.Project Definition

Question 14

Which step in the project management process would involve developing alternative plans in anticipation of problems that might arise?

Accepted Answer

A) Project definition 
B) Resource planning 
C) Project scheduling 
D) Project control 
A) Project definition 
B) Resource planning 
C) Project scheduling 
D) Project control

Question 15

A company has used PERT for a project and wants to minimize the probability of overrunning a contract deadline of 30 weeks. Three paths of concern in the PERT network have these mean durations and variances in weeks:   
a.What is the Z-score for path 1?
b.What is the probability of path 2 overrunning the deadline?

Accepted Answer

The answer of A company has used PERT for a...

Question 16

When finding the earliest finish (EF) time for an activity with two or more predecessor activities, the largest EF among the predecessor activities is used to calculate the EF for that activity.

Accepted Answer

A) True 
 B)False

Question 17

Define a project. Give some non-manufacturing or non-construction examples.

Accepted Answer

A project is a temporary and often custo

Question 18

Explain the purpose of Gantt charts.

Accepted Answer

Gantt charts enable the project manager

Question 19

A type of organization which "loans" resources to projects while still maintaining control over them is called

Accepted Answer

A) Pure project structure 
B) Pure functional structure 
C) Matrix structure 
D) Product structure 
A) Pure project structure 
B) Pure functional structure 
C) Matrix structure 
D) Product structure

Question 20

The early start time for an activity is computed by finding the largest early finish time of all immediate predecessors.

Accepted Answer

A) True 
 B)False

Which of the following is incorrect regarding time/cost trade-offs?

The network below represents a project being analyzed by the Critical Path Method. a.What activity must be on the critical path, regardless of activity durations? b.What is the duration of path A-B-E-H-J? c.What is the critical path of this network? d.What is the length of the critical path?

Because the preparation of annual reports is done on a repeating basis, project management techniques are not appropriate.

Describe how a project fits into each of the three common organizational structures.

Strong leadership is an impediment to project management success because of the team-based nature of most projects.

Which statement is true regarding activities not on the critical path?

Which of the following is least related to Program Evaluation and Review Technique (PERT)?

With the Activity-On-Node (AON) network, the nodes define the precedence relationships and the arcs define the work activities.

In which stage in the project life cycle would critical path calculations be performed?

Explain the three time estimates used to characterize uncertainty of activity times in the Program Evaluation and Review Technique (PERT) procedure.

Describe the four major steps in the project-planning process.

Which step in the project management process would involve developing alternative plans in anticipation of problems that might arise?

When finding the earliest finish (EF) time for an activity with two or more predecessor activities, the largest EF among the predecessor activities is used to calculate the EF for that activity.

Define a project. Give some non-manufacturing or non-construction examples.

Explain the purpose of Gantt charts.

A type of organization which "loans" resources to projects while still maintaining control over them is called

The early start time for an activity is computed by finding the largest early finish time of all immediate predecessors.

Goods, Services, and Operations Management

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Measuring Performance in Operations

Operations Strategy

Technology and Operations Management

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Process Selection, Design, and Analysis

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Forecasting and Demand Planning

Managing Inventories

Resource Management

Operations Scheduling and Sequencing

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Exam 18: Project Management

Which of the following is incorrect regarding time/cost trade-offs?

The network below represents a project being analyzed by the Critical Path Method. a.What activity must be on the critical path, regardless of activity durations? b.What is the duration of path A-B-E-H-J? c.What is the critical path of this network? d.What is the length of the critical path?

Because the preparation of annual reports is done on a repeating basis, project management techniques are not appropriate.

Describe how a project fits into each of the three common organizational structures.

Strong leadership is an impediment to project management success because of the team-based nature of most projects.

Which statement is true regarding activities not on the critical path?

Which of the following is least related to Program Evaluation and Review Technique (PERT)?

With the Activity-On-Node (AON) network, the nodes define the precedence relationships and the arcs define the work activities.

In which stage in the project life cycle would critical path calculations be performed?

Explain the three time estimates used to characterize uncertainty of activity times in the Program Evaluation and Review Technique (PERT) procedure.

Describe the four major steps in the project-planning process.

Which step in the project management process would involve developing alternative plans in anticipation of problems that might arise?

When finding the earliest finish (EF) time for an activity with two or more predecessor activities, the largest EF among the predecessor activities is used to calculate the EF for that activity.

Define a project. Give some non-manufacturing or non-construction examples.

Explain the purpose of Gantt charts.

A type of organization which "loans" resources to projects while still maintaining control over them is called

The early start time for an activity is computed by finding the largest early finish time of all immediate predecessors.

Goods, Services, and Operations Management

Value Chains

Measuring Performance in Operations

Operations Strategy

Technology and Operations Management

Goods and Service Design

Process Selection, Design, and Analysis

Facility and Work Design

Supply Chain Design

Capacity Management

Forecasting and Demand Planning

Managing Inventories

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and Spc

Lean Operating Systems

Filters