Exam 7: The Project Schedule and Budget

An activity being analyzed under PERT was judged to most likely have a duration of 40 days.When considering the time it would take to complete the activity if every relevant factor went well,it was estimated to be able to be doable in 20 days and even under the worst case imaginable,the task would be take 50 days.The estimates PERT duration of that activity is:

(Multiple Choice)

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Question 21

Waiting to leave your shift until another person shows up is an example of:

(Multiple Choice)

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Question 22

What is the difference between crashing and fast tracking a project's schedule?

(Essay)

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Question 23

The critical path is the longest path in the project network and also is the shortest time in which the project can be completed.

(True/False)

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Question 24

Identifying the critical path is important because any change in the duration of the activities or tasks on the critical path will affect the project's schedule.

(True/False)

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Question 25

In the context of critical chain project management,what is resource contention?

(Essay)

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Question 26

Sunk costs include such things as rent,utilities,insurance,and other administrative costs.

(True/False)

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Question 27

The cost of labor for using a resource are _____

(Multiple Choice)

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Question 28

Under the Precedence Diagramming Method,the least common relationship between two activities which occurs when they must complete at the same time is called:

(Multiple Choice)

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Question 29

How can parallel activities help shorten the project schedule? Are there any trade-offs?

(Essay)

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Question 30

Rent,utilities,insurance and administrative costs are examples of:

(Multiple Choice)

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Question 31

Starting the next task before the first task is complete is _____

(Multiple Choice)

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Question 32

The tool most closely associated with activity bars across a horizontal time axis is:

(Multiple Choice)

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Question 33

Project network diagrams provide valuable information about the logical sequence and dependencies among the various activities and tasks so that a completion date or deadline can be determined.

(True/False)

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Question 34

Define the following and give a real world example of each other than the ones described in this book): Finish-to-Start;Start-to-Start;Finish-to-Finish;Start-to-Finish.

(Essay)

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Question 35

Adding resources to an activity to shorten the critical path is called_____

(Multiple Choice)

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Question 36

Rolling wave planning is:

(Multiple Choice)

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Question 37

_____ can help manage the Critical Path by providing information about which activities can be delayed without affecting the deadline target date.

(Multiple Choice)

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Question 38

_____ provide valuable information about the logical sequence and dependencies among the various activities and tasks:

(Multiple Choice)

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Question 39

Predecessor activities are activities that can be worked on at the same time as another activity.

(True/False)

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Question 40

Showing 21 - 40 of 64

Waiting to leave your shift until another person shows up is an example of:

What is the difference between crashing and fast tracking a project's schedule?

The critical path is the longest path in the project network and also is the shortest time in which the project can be completed.

Identifying the critical path is important because any change in the duration of the activities or tasks on the critical path will affect the project's schedule.

In the context of critical chain project management,what is resource contention?

Sunk costs include such things as rent,utilities,insurance,and other administrative costs.

The cost of labor for using a resource are _____

Under the Precedence Diagramming Method,the least common relationship between two activities which occurs when they must complete at the same time is called:

How can parallel activities help shorten the project schedule? Are there any trade-offs?

Rent,utilities,insurance and administrative costs are examples of:

Starting the next task before the first task is complete is _____

The tool most closely associated with activity bars across a horizontal time axis is:

Project network diagrams provide valuable information about the logical sequence and dependencies among the various activities and tasks so that a completion date or deadline can be determined.

Define the following and give a real world example of each other than the ones described in this book): Finish-to-Start;Start-to-Start;Finish-to-Finish;Start-to-Finish.

Adding resources to an activity to shorten the critical path is called_____

Rolling wave planning is:

_____ can help manage the Critical Path by providing information about which activities can be delayed without affecting the deadline target date.

_____ provide valuable information about the logical sequence and dependencies among the various activities and tasks:

Predecessor activities are activities that can be worked on at the same time as another activity.

The Nature of Information Technology Projects

Initializing and Conceptualizing the IT Project

The Project Infrastructure

The Human Side of Project Management

Defining and Managing Project and Product Scope

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Project Communication,tracking,and Reporting

It Project Quality Management

Managing Organizational Change, resistance, and Conflict

Project Procurement Management and Outsourcing

Leadership and Ethics

Project Implementation, closure, and Evaluation

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