Question 1

The purpose of performing a forward pass is to:

Accepted Answer

A) Identify the critical path 
B) Determine the early start and the early finish times 
C) Determine the late start and the late finish times 
D) Determine the slack available in the process 
E) All of the above 
A) Identify the critical path 
B) Determine the early start and the early finish times 
C) Determine the late start and the late finish times 
D) Determine the slack available in the process 
E) All of the above B

Question 2

PERT assumes that the statistical variation in total project completion times can be computed by adding the standard deviations along the critical path.

Accepted Answer

A) True 
 B)False  False

Question 3

Project management requires:

Accepted Answer

A) Scheduling,planning,and controlling 
B) Quantitative skills 
C) Behavioral skills 
D) All of the above 
A) Scheduling,planning,and controlling 
B) Quantitative skills 
C) Behavioral skills 
D) All of the above D

Question 4

The project management concept that can be best applied to situations such as R&D,computer systems design,and military invasions is:

Accepted Answer

A) PERT 
B) CPM 
C) Gantt chart 
D) a and c 
E) None of the above 
A) PERT 
B) CPM 
C) Gantt chart 
D) a and c 
E) None of the above

Question 5

Gantt charts are effective if:

Accepted Answer

A) Activities are highly interconnected 
B) Activity times are random 
C) The project contains simple activity sequences 
D) All of the above 
A) Activities are highly interconnected 
B) Activity times are random 
C) The project contains simple activity sequences 
D) All of the above

Question 6

The job of the project manager is to:

Accepted Answer

A) Control all costs 
B) Control those costs directly controllable by the project organization 
C) Control costs,schedule,and performance of the project 
D) Keep within the budget,no matter what 
E) b and c 
A) Control all costs 
B) Control those costs directly controllable by the project organization 
C) Control costs,schedule,and performance of the project 
D) Keep within the budget,no matter what 
E) b and c

Question 7

CPM network scheduling assumes a second order (non-linear)time-cost tradeoff exists.

Accepted Answer

A) True 
 B)False

Question 8

The advantage(s)of the network method over the Gantt chart is (are)that:

Accepted Answer

A) The network method is easy to use and quite widely understood. 
B) The network method shows precedence relationships explicitly when compared to Gantt charts. 
C) Network methods are less costly to use. 
D) a and b 
E) b and c 
A) The network method is easy to use and quite widely understood. 
B) The network method shows precedence relationships explicitly when compared to Gantt charts. 
C) Network methods are less costly to use. 
D) a and b 
E) b and c

Question 9

An assumption of PERT is:

Accepted Answer

A) Activity times are constant. 
B) Uncertainty of individual time estimates exists. 
C) Distribution of project completion times and probability that each activity is on the critical path can be computed. 
D) b and c 
A) Activity times are constant. 
B) Uncertainty of individual time estimates exists. 
C) Distribution of project completion times and probability that each activity is on the critical path can be computed. 
D) b and c

Question 10

The advantage(s)that Gantt chart has over the network method is (are):

Accepted Answer

A) A Gantt chart is easy to use and quite widely understood. 
B) Gantt charts show precedence relationships explicitly when compared to network scheduling. 
C) Gantt charts are less costly to use. 
D) a and b 
E) a and c 
A) A Gantt chart is easy to use and quite widely understood. 
B) Gantt charts show precedence relationships explicitly when compared to network scheduling. 
C) Gantt charts are less costly to use. 
D) a and b 
E) a and c

Question 11

Which of the following statements about CPM is true?

Accepted Answer

A) CPM is an example of a variable time project scheduling method. 
B) The CPM method is well suited when activity times are expected to vary a lot. 
C) The CPM method is well suited when activity times are fairly constant and can be reduced by spending more money. 
D) The CPM method is well suited for R&D projects and for scheduling computer systems. 
E) None of the above 
A) CPM is an example of a variable time project scheduling method. 
B) The CPM method is well suited when activity times are expected to vary a lot. 
C) The CPM method is well suited when activity times are fairly constant and can be reduced by spending more money. 
D) The CPM method is well suited for R&D projects and for scheduling computer systems. 
E) None of the above

Question 12

"Slack" refers to the difference between:

Accepted Answer

A) Late and early times 
B) Finish and start times 
C) Observed and predicted times 
D) Optimistic and pessimistic times 
E) None of the above 
A) Late and early times 
B) Finish and start times 
C) Observed and predicted times 
D) Optimistic and pessimistic times 
E) None of the above

Question 13

Controlling a project does NOT entail:

Accepted Answer

A) Monitoring costs,time,and performance 
B) Adhering to the budget 
C) Correcting the plan as necessary 
D) None of the above 
A) Monitoring costs,time,and performance 
B) Adhering to the budget 
C) Correcting the plan as necessary 
D) None of the above

Question 14

A forward pass of the above network indicates that the early start time of activity 4-5 is:

Accepted Answer

A) 4 
B) 5 
C) 3 
D) None of the above 
A) 4 
B) 5 
C) 3 
D) None of the above

Question 15

Estimating the time required for each task is an example of a ______ management decision in project management.

Accepted Answer

A) planning 
B) scheduling 
C) control 
D) a and b 
E) b and c 
A) planning 
B) scheduling 
C) control 
D) a and b 
E) b and c

Question 16

Which of the following statements is incorrect about the PERT method of project scheduling?

Accepted Answer

A) PERT requires three time estimates for scheduling a given activity. 
B) PERT assumes that the actual activity times are distributed according to the beta probability distribution. 
C) PERT assumes that the statistical variation in total project completion times can be computed by multiplying variances along the critical path. 
D) None of the above 
A) PERT requires three time estimates for scheduling a given activity. 
B) PERT assumes that the actual activity times are distributed according to the beta probability distribution. 
C) PERT assumes that the statistical variation in total project completion times can be computed by multiplying variances along the critical path. 
D) None of the above

Question 17

Which of the following statements is true about a critical path?

Accepted Answer

A) A critical path consists of activities for which early start time equals late start time. 
B) The activities along the critical path take the longest time. 
C) A critical path consists of activities for which early finish time equals late finish time. 
D) There is no slack in the activities along the critical path. 
E) All of the above 
A) A critical path consists of activities for which early start time equals late start time. 
B) The activities along the critical path take the longest time. 
C) A critical path consists of activities for which early finish time equals late finish time. 
D) There is no slack in the activities along the critical path. 
E) All of the above

Question 18

A work-breakdown structure is used in the scheduling activity of project management.

Accepted Answer

A) True 
 B)False

Question 19

A network-based project scheduling method that requires three time estimates for each activity is:

Accepted Answer

A) PERT 
B) CPM 
C) Gantt chart 
D) a and b 
E) None of the above 
A) PERT 
B) CPM 
C) Gantt chart 
D) a and b 
E) None of the above

Question 20

A forward pass is required while computing the early start and early finish times of activities.

Accepted Answer

A) True 
 B)False

The purpose of performing a forward pass is to:

PERT assumes that the statistical variation in total project completion times can be computed by adding the standard deviations along the critical path.

Project management requires:

The project management concept that can be best applied to situations such as R&D,computer systems design,and military invasions is:

Gantt charts are effective if:

The job of the project manager is to:

CPM network scheduling assumes a second order (non-linear)time-cost tradeoff exists.

The advantage(s)of the network method over the Gantt chart is (are)that:

An assumption of PERT is:

The advantage(s)that Gantt chart has over the network method is (are):

Which of the following statements about CPM is true?

"Slack" refers to the difference between:

Controlling a project does NOT entail:

A forward pass of the above network indicates that the early start time of activity 4-5 is:

Estimating the time required for each task is an example of a ______ management decision in project management.

Which of the following statements is incorrect about the PERT method of project scheduling?

Which of the following statements is true about a critical path?

A work-breakdown structure is used in the scheduling activity of project management.

A network-based project scheduling method that requires three time estimates for each activity is:

A forward pass is required while computing the early start and early finish times of activities.

The Operations Function

Operations and Supply Chain Strategy

Product Design

Process Selection

Service Process Design

Process-Flow Analysis

Lean Thinking and Lean Systems

Managing Quality

Quality Control and Improvement

Supply Chain Management

Forecasting

Capacity Planning

Scheduling Operations

Independent Demand Inventory

Materials Requirements Planning and ERP

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Exam 14: Project Planning and Scheduling

The purpose of performing a forward pass is to:

PERT assumes that the statistical variation in total project completion times can be computed by adding the standard deviations along the critical path.

Project management requires:

The project management concept that can be best applied to situations such as R&D,computer systems design,and military invasions is:

Gantt charts are effective if:

The job of the project manager is to:

CPM network scheduling assumes a second order (non-linear)time-cost tradeoff exists.

The advantage(s)of the network method over the Gantt chart is (are)that:

An assumption of PERT is:

The advantage(s)that Gantt chart has over the network method is (are):

Which of the following statements about CPM is true?

"Slack" refers to the difference between:

Controlling a project does NOT entail:

A forward pass of the above network indicates that the early start time of activity 4-5 is:

Estimating the time required for each task is an example of a ______ management decision in project management.

Which of the following statements is incorrect about the PERT method of project scheduling?

Which of the following statements is true about a critical path?

A work-breakdown structure is used in the scheduling activity of project management.

A network-based project scheduling method that requires three time estimates for each activity is:

A forward pass is required while computing the early start and early finish times of activities.

The Operations Function

Operations and Supply Chain Strategy

Product Design

Process Selection

Service Process Design

Process-Flow Analysis

Lean Thinking and Lean Systems

Managing Quality

Quality Control and Improvement

Supply Chain Management

Forecasting

Capacity Planning

Scheduling Operations

Independent Demand Inventory

Materials Requirements Planning and ERP

Filters