Exam 8: Project Management
Exam 1: Management Science121 Questions
Exam 2: Linear Programming: Model Formulation and Graphical Solution122 Questions
Exam 3: Linear Programming: Computer Solution and Sensitivity Analysis95 Questions
Exam 4: Linear Programming: Modeling Examples90 Questions
Exam 5: Integer Programming107 Questions
Exam 6: Transportation, Transshipment, and Assignment Problems98 Questions
Exam 7: Network Flow Models104 Questions
Exam 8: Project Management116 Questions
Exam 9: Multicriteria Decision Making103 Questions
Exam 10: Nonlinear Programming72 Questions
Exam 11: Probability and Statistics152 Questions
Exam 12: Decision Analysis122 Questions
Exam 13: Queuing Analysis123 Questions
Exam 14: Simulation100 Questions
Exam 15: Forecasting133 Questions
Exam 16: Inventory Management157 Questions
Exam 17: the Simplex Solution Method90 Questions
Exam 18: Transportation and Assignment Solution Methods86 Questions
Exam 19: Integer Programming: the Branch and Bound Method63 Questions
Exam 20: Nonlinear Programming: Solution Techniques55 Questions
Exam 21: Game Theory64 Questions
Exam 22: Markov Analysis64 Questions
Select questions type
One aspect of project control is team building.
Free
(True/False)
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Correct Answer:
False
The sequence of activities in a project is depicted by the precedence relationships.
Free
(True/False)
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Correct Answer:
True
Three time estimates (optimistic, most likely, and pessimistic) provide an estimate of the mean and variance for each activity, based on the ________ distribution.
Free
(Short Answer)
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Correct Answer:
beta
Consider the following project.
Activity Imunediate Predecessor Activity Time (drys) A -- 3 -- 4 4 6 5 , 4 7
-What is the critical path?
(Multiple Choice)
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________ is the amount of time an activity can be delayed without delaying the project.
(Short Answer)
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Project management differs from management of more traditional day-to-day activities because
(Multiple Choice)
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Refer to the table below to answer the question(s) that follow:
~~~~~~~~~~~~~~~~~~~~~~~~~Activity~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Times~ (weeks)\\
\begin{array}{c}
\text { Activity } & \text { Predecessor } & \text { Optimistic } & \text { Most Likely } & \text { Pessimi } \\
\hline \text { A } & --- & 9 & 15 & 21 \\
\text { B } & --- & 13 & 21 & 23 \\
\text { C } & \text { A } & 6 & 9 & 18 \\
\text { D } & \text { A } & 23 & 35 & 47 \\
\text { E } & \text { B } & 19 & 26 & 27 \\
\text { F } & \text { C } & 23 & 29 & 41 \\
\text { G } & \text { D,E } & 14 & 20 & 26 \\
\text { H } & \text { F,G } & 2 & 5 & 8
\end{array}
-What are the estimated standard deviations (in weeks) in the times for activities A-H?
(Short Answer)
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On an AOA diagram, a ________ represents an activity of a project.
(Multiple Choice)
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Refer to the table below to answer the question(s) that follow:
~~~~~~~~~~~~~~~~~~~~~~~~~Activity~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Times~ (weeks)\\
\begin{array}{c}
\text { Activity } & \text { Predecessor } & \text { Optimistic } & \text { Most Likely } & \text { Pessimi } \\
\hline \text { A } & --- & 9 & 15 & 21 \\
\text { B } & --- & 13 & 21 & 23 \\
\text { C } & \text { A } & 6 & 9 & 18 \\
\text { D } & \text { A } & 23 & 35 & 47 \\
\text { E } & \text { B } & 19 & 26 & 27 \\
\text { F } & \text { C } & 23 & 29 & 41 \\
\text { G } & \text { D,E } & 14 & 20 & 26 \\
\text { H } & \text { F,G } & 2 & 5 & 8
\end{array}
-Determine the latest start for activity E.
(Short Answer)
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Refer to the table below to answer the question(s) that follow:
~~~~~~~~~~~~~~~~~~~~~~~~~Activity~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Times~ (weeks)\\
\begin{array}{c}
\text { Activity } & \text { Predecessor } & \text { Optimistic } & \text { Most Likely } & \text { Pessimi } \\
\hline \text { A } & --- & 9 & 15 & 21 \\
\text { B } & --- & 13 & 21 & 23 \\
\text { C } & \text { A } & 6 & 9 & 18 \\
\text { D } & \text { A } & 23 & 35 & 47 \\
\text { E } & \text { B } & 19 & 26 & 27 \\
\text { F } & \text { C } & 23 & 29 & 41 \\
\text { G } & \text { D,E } & 14 & 20 & 26 \\
\text { H } & \text { F,G } & 2 & 5 & 8
\end{array}
-What is the estimated expected mean time (in weeks) for the project completion?
(Short Answer)
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When earliest finish is subtracted from latest finish, we obtain the slack value for the activity.
(True/False)
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A work breakdown structure is a useful tool because it addresses the timing of individual work elements.
(True/False)
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A ________ breaks down a project into modules: subcomponents, components, activities, and tasks.
(Short Answer)
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In PERT, three time estimates (optimistic, most likely, and pessimistic) provide an estimate of the mean and variance for each activity, based on the normal distribution.
(True/False)
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Consider the following project.
Activity Immediate Processor Activity Time (days) A - 6 B - 8 C A, B 5 D B 4 E C 7 F C, D 3 G D 6 H E, F, G 5
-How much can activity F be delayed without delaying the project completion?
(Multiple Choice)
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If t is the expected completion time for a given activity, then:
(Multiple Choice)
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In PERT, the path with the fewest activities is referred to as the critical path.
(True/False)
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