Question 1

Table 3.4
  
-Using Table 3.4,what is the latest finish time for activity D?

Accepted Answer

A) 4 weeks 
B) 6 weeks 
C) 8 weeks 
D) 10 weeks 
A) 4 weeks 
B) 6 weeks 
C) 8 weeks 
D) 10 weeks C

Question 2

A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

Accepted Answer

A) True 
 B)False  False

Question 3

The earliest start time (ES)for an activity is the maximum of the earliest finish (EF)times for all the activities that immediately precede the activity.

Accepted Answer

A) True 
 B)False  True

Question 4

Identify and briefly explain the four categories of project risks.

Accepted Answer

Four categories of project risks include

Question 5

The ________ cost refers to the additional cost associated with reducing an activity time in a project network.

Accepted Answer

The answer of The ________ cost refers to the additional...

Question 6

Free slack is the amount of time that an activity's earliest finish time can be delayed without delaying the earliest start time of any activity immediately following it.

Accepted Answer

A) True 
 B)False

Question 7

Assume that activity G has the following times: Early start time = 7 days
Early finish time = 13 days
Late start time = 15 days
Late finish time = 21 days
Which of the following statements is TRUE about activity G?

Accepted Answer

A) Activity G takes 14 days to complete. 
B) Activity G has a slack time of 8 days. 
C) Activity G is on the critical path. 
D) Activity G takes 2 days to complete. 
A) Activity G takes 14 days to complete. 
B) Activity G has a slack time of 8 days. 
C) Activity G is on the critical path. 
D) Activity G takes 2 days to complete.

Question 8

Table 3.7
  
-Using Table 3.7,what is the latest start time for activity A?

Accepted Answer

A) Week 0 
B) Week 1 
C) Week 2 
D) Week 3 or later 
A) Week 0 
B) Week 1 
C) Week 2 
D) Week 3 or later

Question 9

The work breakdown structure is a statement of all work that has to be completed.

Accepted Answer

A) True 
 B)False

Question 10

Total slack can be calculated as the difference between the latest start (LS)and earliest start (ES),or by the difference between the latest finish (LF)and earliest finish (EF).

Accepted Answer

A) True 
 B)False

Question 11

Table 3.7
  
-Using Table 3.7,suppose activity I is delayed,taking 8 weeks to complete instead of 2 weeks.Assume all other activity times remain the same.How much longer will the total project earliest completion time become?

Accepted Answer

A) 0 weeks 
B) 1 or 2 weeks 
C) 3 or 4 weeks 
D) 5 or 6 weeks 
A) 0 weeks 
B) 1 or 2 weeks 
C) 3 or 4 weeks 
D) 5 or 6 weeks

Question 12

Discuss the importance of establishing the scope,time frame,and resources to be allocated to a project before the project is actually started.

Accepted Answer

A thorough statement of the project scop

Question 13

Network methods let project managers analyze the time and cost implications of resource trade-offs.

Accepted Answer

A) True 
 B)False

Question 14

Table 3.8
  
-Using Table 3.8,what is the earliest completion time of the project?

Accepted Answer

A) less than or equal to 10 weeks 
B) greater than 10 weeks but less than or equal to 13 weeks 
C) greater than 13 weeks but less than or equal to 16 weeks 
D) greater than 16 weeks 
A) less than or equal to 10 weeks 
B) greater than 10 weeks but less than or equal to 13 weeks 
C) greater than 13 weeks but less than or equal to 16 weeks 
D) greater than 16 weeks

Question 15

The ________ is the shortest time in which an activity can be completed if all goes exceptional well.

Accepted Answer

The answer of The ________ is the shortest time in...

Question 16

Table 3.9
All activity times for the project are in weeks.
  
-Using Table 3.9,what is the expected time of completion of the project?

Accepted Answer

A) less than 22 weeks 
B) 22 weeks 
C) 23 weeks 
D) greater than 23 weeks 
A) less than 22 weeks 
B) 22 weeks 
C) 23 weeks 
D) greater than 23 weeks

Question 17

For controlling projects,the Schedule Performance Index (SPI)equals the cost of the work that was scheduled to have been completed by a particular date based on the original budget and project plan.

Accepted Answer

A) True 
 B)False

Question 18

Table 3.3
  
-Using Table 3.3,what is the minimum number of activities that would have to be delayed in order to cause an increase in the project's earliest completion date?

Accepted Answer

A) 1 activity 
B) 2 activities 
C) 3 activities 
D) 4 or more activities 
A) 1 activity 
B) 2 activities 
C) 3 activities 
D) 4 or more activities

Question 19

Table 3.6
  
-Using Table 3.6,what is the slack for activity G?

Accepted Answer

A) 9 weeks 
B) 21 weeks 
C) 23 weeks 
D) 30 weeks 
A) 9 weeks 
B) 21 weeks 
C) 23 weeks 
D) 30 weeks

Question 20

The earliest start time for an activity is equal to the

Accepted Answer

A) smallest earliest finish time of all of its immediate predecessors. 
B) largest earliest finish time of all of its immediate predecessors. 
C) smallest late start time of any of its immediate predecessors. 
D) largest late finish time of all of its immediate predecessors. 
A) smallest earliest finish time of all of its immediate predecessors. 
B) largest earliest finish time of all of its immediate predecessors. 
C) smallest late start time of any of its immediate predecessors. 
D) largest late finish time of all of its immediate predecessors.

Exam 8: Managing Projects

Table 3.4 -Using Table 3.4,what is the latest finish time for activity D?

A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

The earliest start time (ES)for an activity is the maximum of the earliest finish (EF)times for all the activities that immediately precede the activity.

Identify and briefly explain the four categories of project risks.

The ________ cost refers to the additional cost associated with reducing an activity time in a project network.

Free slack is the amount of time that an activity's earliest finish time can be delayed without delaying the earliest start time of any activity immediately following it.

Assume that activity G has the following times: Early start time = 7 days Early finish time = 13 days Late start time = 15 days Late finish time = 21 days Which of the following statements is TRUE about activity G?

Table 3.7 -Using Table 3.7,what is the latest start time for activity A?

The work breakdown structure is a statement of all work that has to be completed.

Total slack can be calculated as the difference between the latest start (LS)and earliest start (ES),or by the difference between the latest finish (LF)and earliest finish (EF).

Table 3.7 -Using Table 3.7,suppose activity I is delayed,taking 8 weeks to complete instead of 2 weeks.Assume all other activity times remain the same.How much longer will the total project earliest completion time become?

Discuss the importance of establishing the scope,time frame,and resources to be allocated to a project before the project is actually started.

Network methods let project managers analyze the time and cost implications of resource trade-offs.

Table 3.8 -Using Table 3.8,what is the earliest completion time of the project?

The ________ is the shortest time in which an activity can be completed if all goes exceptional well.

Table 3.9 All activity times for the project are in weeks. -Using Table 3.9,what is the expected time of completion of the project?

For controlling projects,the Schedule Performance Index (SPI)equals the cost of the work that was scheduled to have been completed by a particular date based on the original budget and project plan.

Table 3.3 -Using Table 3.3,what is the minimum number of activities that would have to be delayed in order to cause an increase in the project's earliest completion date?

Table 3.6 -Using Table 3.6,what is the slack for activity G?

The earliest start time for an activity is equal to the

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