Exam 3: Project Management

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What is a project organization?

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A project organization is an organization formed to ensure that programs (projects)receive the proper management and attention.

The network below represents a project being analyzed by the critical path method.Activity durations are A = 5,B = 2,C = 12,D = 3,E = 5,F = 1,G = 7,H = 2,I = 10,and J = 6. The network below represents a project being analyzed by the critical path method.Activity durations are A = 5,B = 2,C = 12,D = 3,E = 5,F = 1,G = 7,H = 2,I = 10,and J = 6.   a.What task must be on the critical path,regardless of activity durations? b.What is the duration of path A-B-E-H-J? c.What is the critical path of this network? d.What is the length of the critical path? e.What is slack time at activity H? f.What is the Late Finish of activity H? g.If activity C were delayed by two time units,what would happen to the project duration? a.What task must be on the critical path,regardless of activity durations? b.What is the duration of path A-B-E-H-J? c.What is the critical path of this network? d.What is the length of the critical path? e.What is slack time at activity H? f.What is the Late Finish of activity H? g.If activity C were delayed by two time units,what would happen to the project duration?

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(a)J; (b)20; (c)A-B-G-I-J; (d)30; (e)5; (f)24; (g)no impact.
(a)J; (b)20; (c)A-B-G-I-J; (d)30; (e)5; (f)24; (g)no impact.

Match the following steps in Microsoft's development of Windows 8 to their respective WBS level. Step Level Develop Windows 8 Operating System ? System Testing ? Compatible with Windows 7 ? Develop GUI's ? Module Testing ?

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Draw the AOA and AON networks for the following project and calculate the minimum project duration. Draw the AOA and AON networks for the following project and calculate the minimum project duration.

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An activity on a PERT network has these time estimates: optimistic = 2,most likely = 3,and pessimistic = 8.What is its expected activity time and variance?

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Describe some of the challenges faced in the construction of the new 11-story building at Arnold Palmer Hospital in Orlando,Florida.

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What are some of the ethical issues faced by project managers?

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Projects such as road building and plane building are:

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A contractor's project being analyzed by PERT has an estimated time for the critical path of 120 days.The sum of all activity variances is 81;the sum of variances along the critical path is 64.What is the probability that the project will take 130 or more days to complete?

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Identify,in order,the six steps basic to both PERT and CPM.

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The ________ is the computed longest time path(s)through a network.

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

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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?

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Every network has at least one critical path.

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The standard deviation of project duration is the average of the standard deviation of all activities on the critical path.

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A project organization that becomes permanent is often referred to as a:

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Three critical path activities are candidates for crashing on a CPM network.Activity details are in the table below. 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 activity A? b.What is the crash cost per unit time for activity B? c.Which activity should be crashed first to cut one day from the project's duration;how much is added to project cost? d.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? e.Assuming no other paths become critical,how much can this project be shortened at what total added cost? a.What is the crash cost per unit time for activity A? b.What is the crash cost per unit time for activity B? c.Which activity should be crashed first to cut one day from the project's duration;how much is added to project cost? d.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? e.Assuming no other paths become critical,how much can this project be shortened at what total added cost?

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________ is the amount of time an individual activity in a network can be delayed without delaying the entire project.

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

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The critical path for the network activities shown below is ________ with duration ________. The critical path for the network activities shown below is ________ with duration ________.

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