Question 1

If an activity whose normal duration is 13 days can be shortened to 10 days for an added cost of $1,500,what is the crash cost per period?

Accepted Answer

A) $500 
B) $1,500 
C) $750 
D) $13,000 
E) $15,000 
A) $500 
B) $1,500 
C) $750 
D) $13,000 
E) $15,000 A

Question 2

Two critical path activities are candidates for crashing on a CPM network.Activity details are in the table below.To cut one day from the project's duration,activity ________ should be crashed first,adding ________ to project cost.

Accepted Answer

A) One; $400 
B) One; $6,800 
C) Two; $1,000 
D) Two; $5,000 
E) One or Two should be crashed; $1,400 
A) One; $400 
B) One; $6,800 
C) Two; $1,000 
D) Two; $5,000 
E) One or Two should be crashed; $1,400 A

Question 3

What was the name of the construction project to rebuild the Pentagon after the terrorist attacks on Sept.11,2001?

Accepted Answer

A) Project Panther 
B) Project Pit Bull 
C) Project Python 
D) Project Piranha 
E) Project Phoenix 
A) Project Panther 
B) Project Pit Bull 
C) Project Python 
D) Project Piranha 
E) Project Phoenix E

Question 4

Which of the following projects were completed by Bechtel?

Accepted Answer

A) Hoover Dam 
B) Boston Central Artery/Tunnel 
C) Rebuilding Kuwait after Iraq's invasion in 1990 
D) Rebuilding Iraq after the U.S.invasion,starting in 2003 
E) All of the above were Bechtel projects 
A) Hoover Dam 
B) Boston Central Artery/Tunnel 
C) Rebuilding Kuwait after Iraq's invasion in 1990 
D) Rebuilding Iraq after the U.S.invasion,starting in 2003 
E) All of the above were Bechtel projects

Question 5

Three critical path activities are candidates for crashing on a CPM network.Activity details are in the table below.
   a.What is the crash cost per unit time for each of the three activities?
b.Which activity should be crashed first to cut one day from the project's duration; how much is added to project cost?
c.Which activity should be the next activity crashed to cut a second day from the project's duration; how much is added to project cost?

Accepted Answer

(a)crash cost X = $1,000 per d

Question 6

Identify each of the purposes of project scheduling.

Accepted Answer

Project scheduling shows the relationshi

Question 7

A partially solved PERT problem is detailed in the table below.Times are given in weeks.
   a.Calculate the expected time for each activity.Enter these values in the appropriate column in the table above.
b.Which activities form the critical path?
c.What is the estimated time of the critical path?
d.What are the project variance and the project standard deviation?
e.What is the probability of completion of the project after week 40?

Accepted Answer

(a)A=9.5 B=3 C=12 D=5.5 E=6 F=

Question 8

Define slack time.

Accepted Answer

Slack time is the le

Question 9

Pirmin's Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project.Given the project table below calculate the crash cost for 8 hours of time-savings.Suppose Pirmin calls the customer and asks for a project extension,reducing the amount of time he needs to crash.Calculate both the maximum time-savings available on a $25 crash budget and the cost to crash four hours of savings.

Accepted Answer

@#IMG-DLM& The critical path is ABCEFGH with a tim

Question 10

The project organization works best when which of the following conditions are satisfied? 
I.Work tasks can be defined with a specific goal and deadline.
II.The job is typical and familiar to the existing organization.
III.The work contains interrelated tasks requiring specialized skills.
IV.The project is temporary but unimportant to long-term organizational success.
V.The project cuts across organizational lines.

Accepted Answer

A) I,II,III,IV,V 
B) None of the above conditions need to be satisfied. 
C) I,III,V 
D) I,II,III,V 
E) I,III,IV,V 
A) I,II,III,IV,V 
B) None of the above conditions need to be satisfied. 
C) I,III,V 
D) I,II,III,V 
E) I,III,IV,V

Question 11

If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost of $2,000,what is the crash cost per period?

Accepted Answer

A) $400 
B) $2,000 
C) $10,000 
D) $20,000 
E) $30,000 
A) $400 
B) $2,000 
C) $10,000 
D) $20,000 
E) $30,000

Question 12

________ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced.

Accepted Answer

The answer of ________ is decreasing activity time in a...

Question 13

The phases of project management are:

Accepted Answer

A) planning,scheduling,and controlling. 
B) planning,programming,and budgeting. 
C) planning,organizing,staffing,leading,and controlling. 
D) different for manufacturing projects than for service projects. 
E) GANTT,CPM,and PERT. 
A) planning,scheduling,and controlling. 
B) planning,programming,and budgeting. 
C) planning,organizing,staffing,leading,and controlling. 
D) different for manufacturing projects than for service projects. 
E) GANTT,CPM,and PERT.

Question 14

A(n)________ divides a project into more and more detailed components.

Accepted Answer

work break

Question 15

The time an activity will take assuming very unfavorable conditions is:

Accepted Answer

A) the optimistic time. 
B) the pessimistic time. 
C) the activity variance. 
D) the minimum time. 
E) exactly twice as long as the expected time. 
A) the optimistic time. 
B) the pessimistic time. 
C) the activity variance. 
D) the minimum time. 
E) exactly twice as long as the expected time.

Question 16

A project organization works best for an organization when the project resides in only one of its functional areas.

Accepted Answer

A) True 
 B)False

Question 17

A network consists of the activities in the following list.Times are given in weeks.
   a.Draw the network diagram.
b.Calculate the ES,EF,LS,LF,and Slack for each activity.
c.What is project completion time?

Accepted Answer

The answer of A network consists of the activities in...

Question 18

A project being analyzed by PERT has 60 activities,13 of which are on the critical path.If the estimated time along the critical path is 214 days with a project variance of 100,what is the probability that the project will take 224 days or more to complete?

Accepted Answer

A) near zero 
B) 0.0126 
C) 0.1587 
D) 0.8413 
E) 2.14 
A) near zero 
B) 0.0126 
C) 0.1587 
D) 0.8413 
E) 2.14

Question 19

Activity D on a CPM network has predecessors B and C,and has successor F.D has duration 6.B's earliest finish is 18,while C's is 20.F's late start is 26.Which of the following is definitely true?

Accepted Answer

A) B is a critical activity. 
B) C is completed before B. 
C) D has no slack but is not critical. 
D) D is critical,and has zero slack. 
E) F is critical,and has zero slack. 
A) B is a critical activity. 
B) C is completed before B. 
C) D has no slack but is not critical. 
D) D is critical,and has zero slack. 
E) F is critical,and has zero slack.

Question 20

Which of the following is NOT one of the phases of project management?

Accepted Answer

A) planning 
B) scheduling 
C) controlling 
D) budgeting 
E) All of the above are project management phases. 
A) planning 
B) scheduling 
C) controlling 
D) budgeting 
E) All of the above are project management phases.

Exam 3: Project Management

If an activity whose normal duration is 13 days can be shortened to 10 days for an added cost of $1,500,what is the crash cost per period?

Two critical path activities are candidates for crashing on a CPM network.Activity details are in the table below.To cut one day from the project's duration,activity ________ should be crashed first,adding ________ to project cost.

What was the name of the construction project to rebuild the Pentagon after the terrorist attacks on Sept.11,2001?

Which of the following projects were completed by Bechtel?

Identify each of the purposes of project scheduling.

Define slack time.

If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost of $2,000,what is the crash cost per period?

________ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced.

The phases of project management are:

A(n)________ divides a project into more and more detailed components.

The time an activity will take assuming very unfavorable conditions is:

A project organization works best for an organization when the project resides in only one of its functional areas.

A network consists of the activities in the following list.Times are given in weeks. a.Draw the network diagram. b.Calculate the ES,EF,LS,LF,and Slack for each activity. c.What is project completion time?

A project being analyzed by PERT has 60 activities,13 of which are on the critical path.If the estimated time along the critical path is 214 days with a project variance of 100,what is the probability that the project will take 224 days or more to complete?

Activity D on a CPM network has predecessors B and C,and has successor F.D has duration 6.B's earliest finish is 18,while C's is 20.F's late start is 26.Which of the following is definitely true?

Which of the following is NOT one of the phases of project management?

Operations and Productivity

Operations Strategy in a Global Environment

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources, job Design, and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit, tps, and Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters

Two critical path activities are candidates for crashing on a CPM network.Activity details are in the table below.To cut one day from the project's duration,activity should be crashed first,adding to project cost.