Question 1

What is the estimated standard deviation in the time 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 C

Question 2

In project network analysis,slack refers to the difference between:

Accepted Answer

A) observed and predicted times 
B) optimistic and pessimistic times 
C) latest finish and latest start times 
D) earliest finish and earliest start times 
E) latest start and earliest start times 
A) observed and predicted times 
B) optimistic and pessimistic times 
C) latest finish and latest start times 
D) earliest finish and earliest start times 
E) latest start and earliest start times E

Question 3

What is the estimated mean time for project completion?

Accepted Answer

A) 100 days 
B) 140 days 
C) 199 days 
D) 200 days 
E) 440 days 
A) 100 days 
B) 140 days 
C) 199 days 
D) 200 days 
E) 440 days D

Question 4

An activity has an optimistic time estimate of three days,a most likely time estimate of eight days,and a pessimistic time estimate of ten days The expected duration of this activity is:

Accepted Answer

A) 7 0 days 
B) 7 5 days 
C) 8 0 days 
D) 8 5 days 
E) 10 0 days 
A) 7 0 days 
B) 7 5 days 
C) 8 0 days 
D) 8 5 days 
E) 10 0 days

Question 5

When finding the approximate probability of project duration,it is necessary to know which of the following?

Accepted Answer

A) The mean and variance of each activity 
B) The mean of each activity on the critical path 
C) The standard deviation of only the activities on the critical path 
D) Each activity's probability of completion 
E) The distribution of activity times 
A) The mean and variance of each activity 
B) The mean of each activity on the critical path 
C) The standard deviation of only the activities on the critical path 
D) Each activity's probability of completion 
E) The distribution of activity times

Question 6

Given this information about activity H: ES = 10,EF = 15,LS = 16,and LF = 21,we can determine that the amount of slack associated with the activity is:

Accepted Answer

A) 0 
B) 1 
C) 5 
D) 6 
E) 11 
A) 0 
B) 1 
C) 5 
D) 6 
E) 11

Question 7

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 above 
A) expediting 
B) rushing 
C) panicking 
D) crashing 
E) None of the above

Question 8

-What is the probability that the critical path will be completed within 200 days?

Accepted Answer

A) 0 8413 
B) 0 9544 
C) 0 9772 
D) 0 9974 
E) 0 9987 
A) 0 8413 
B) 0 9544 
C) 0 9772 
D) 0 9974 
E) 0 9987

Question 9

An important assumption in PERT calculations is:

Accepted Answer

A) activity durations are normally distributed 
B) activity durations are independent 
C) a computer will be available to do the calculations 
D) a and b only 
E) a and c only 
A) activity durations are normally distributed 
B) activity durations are independent 
C) a computer will be available to do the calculations 
D) a and b only 
E) a and c only

Question 10

The CPM method provides an excellent procedure for evaluating time-cost tradeoffs

Accepted Answer

A) True 
 B)False

Question 11

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

Question 12

The standard deviation of a path is computed as:

Accepted Answer

A) the sum of the standard deviations of all activities on the path 
B) the square root of the sum of the standard deviations of all activities on the path 
C) the sum of the variances of all activities on the path 
D) the square root of the sum of the variances of all activities on the path 
E) None of the above 
A) the sum of the standard deviations of all activities on the path 
B) the square root of the sum of the standard deviations of all activities on the path 
C) the sum of the variances of all activities on the path 
D) the square root of the sum of the variances of all activities on the path 
E) None of the above

Question 13

In order to determine the probability of timely project completion,it is sometimes necessary to take into account paths other than the critical path

Accepted Answer

A) True 
 B)False

Question 14

The slack of any activity is the amount of time that the activity can be delayed without delaying the completion of the project

Accepted Answer

A) True 
 B)False

Question 15

-What is the estimated standard deviation in the time for activity E?

Accepted Answer

A) 1 days 
B) 2 days 
C) 3 days 
D) 4 days 
E) 5 days 
A) 1 days 
B) 2 days 
C) 3 days 
D) 4 days 
E) 5 days

Question 16

The earliest finish time for an activity is equal to the latest finish time minus the activity slack

Accepted Answer

A) True 
 B)False

Question 17

In an Activity-On-Node project network,the nodes are used to separate an activity from each of its immediate predecessors

Accepted Answer

A) True 
 B)False

Question 18

Project managers must often function in an environment that is beset with uncertainties

Accepted Answer

A) True 
 B)False

Question 19

Activity C has an early start time of 8,an early finish time of 12,a latest start time of 13,and a latest finish time of 17 Its slack is:

Accepted Answer

A) 0 
B) 1 
C) 4 
D) 5 
E) 9 
A) 0 
B) 1 
C) 4 
D) 5 
E) 9

Question 20

In a project network the critical path is the sequence of activities which has:

Accepted Answer

A) the most activities 
B) the fewest activities 
C) the most events 
D) the longest time 
E) the greatest variance 
A) the most activities 
B) the fewest activities 
C) the most events 
D) the longest time 
E) the greatest variance

What is the estimated standard deviation in the time for activity E?

In project network analysis,slack refers to the difference between:

What is the estimated mean time for project completion?

An activity has an optimistic time estimate of three days,a most likely time estimate of eight days,and a pessimistic time estimate of ten days The expected duration of this activity is:

When finding the approximate probability of project duration,it is necessary to know which of the following?

Given this information about activity H: ES = 10,EF = 15,LS = 16,and LF = 21,we can determine that the amount of slack associated with the activity is:

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

-What is the probability that the critical path will be completed within 200 days?

An important assumption in PERT calculations is:

The CPM method provides an excellent procedure for evaluating time-cost tradeoffs

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 standard deviation of a path is computed as:

In order to determine the probability of timely project completion,it is sometimes necessary to take into account paths other than the critical path

The slack of any activity is the amount of time that the activity can be delayed without delaying the completion of the project

-What is the estimated standard deviation in the time for activity E?

The earliest finish time for an activity is equal to the latest finish time minus the activity slack

In an Activity-On-Node project network,the nodes are used to separate an activity from each of its immediate predecessors

Project managers must often function in an environment that is beset with uncertainties

Activity C has an early start time of 8,an early finish time of 12,a latest start time of 13,and a latest finish time of 17 Its slack is:

In a project network the critical path is the sequence of activities which has:

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters

Exam 16: Pert CPM models for project management

What is the estimated standard deviation in the time for activity E?

In project network analysis,slack refers to the difference between:

What is the estimated mean time for project completion?

An activity has an optimistic time estimate of three days,a most likely time estimate of eight days,and a pessimistic time estimate of ten days The expected duration of this activity is:

When finding the approximate probability of project duration,it is necessary to know which of the following?

Given this information about activity H: ES = 10,EF = 15,LS = 16,and LF = 21,we can determine that the amount of slack associated with the activity is:

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

-What is the probability that the critical path will be completed within 200 days?

An important assumption in PERT calculations is:

The CPM method provides an excellent procedure for evaluating time-cost tradeoffs

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 standard deviation of a path is computed as:

In order to determine the probability of timely project completion,it is sometimes necessary to take into account paths other than the critical path

The slack of any activity is the amount of time that the activity can be delayed without delaying the completion of the project

-What is the estimated standard deviation in the time for activity E?

The earliest finish time for an activity is equal to the latest finish time minus the activity slack

In an Activity-On-Node project network,the nodes are used to separate an activity from each of its immediate predecessors

Project managers must often function in an environment that is beset with uncertainties

Activity C has an early start time of 8,an early finish time of 12,a latest start time of 13,and a latest finish time of 17 Its slack is:

In a project network the critical path is the sequence of activities which has:

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

What-If Analysis for linear programming

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters