Exam 3: Managing Projects
Exam 1: Operations and Productivity127 Questions
Exam 2: The Global Environment and Operations Strategy119 Questions
Exam 3: Managing Projects120 Questions
Exam 4: Forecasting Demand140 Questions
Exam 5: Product Design118 Questions
Exam 6: Quality Management and International Standards123 Questions
Exam 7: Process Design108 Questions
Exam 8: Location Decisions121 Questions
Exam 9: Layout Decisions146 Questions
Exam 10: Job Design and Work Measurement154 Questions
Exam 11: Supply Chain Management145 Questions
Exam 12: Managing Inventory163 Questions
Exam 13: Aggregate Scheduling116 Questions
Exam 14: Material Requirements Planning Mrpand Erp113 Questions
Exam 15: Scheduling for the Short-Term116 Questions
Exam 16: Jit,lean Operations,and the Toyota Production System115 Questions
Exam 17: Maintenance and Reliability Decisions111 Questions
Exam 18: Sustainability80 Questions
Exam 19: Statistical Process Control144 Questions
Exam 20: Capacity Planning96 Questions
Exam 21: Supply Chain Modeling55 Questions
Exam 22: Decision Modeling97 Questions
Exam 23: Linear Programming Models88 Questions
Exam 24: Transportation Modeling89 Questions
Exam 25: Queuing Models119 Questions
Exam 26: Learning Curves110 Questions
Exam 27: Modeling with Simulation75 Questions
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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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(Essay)
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Correct Answer:
Prior to beginning actual construction,regulatory and funding issues added,as they do with most projects,substantial time to the overall project.Cities have zoning and parking issues,the EPA has drainage and waste issues,and regulatory authorities have their own requirements,as do issuers of bonds.
Work breakdown structure is a useful tool in project management because it addresses the timing of individual work elements.
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(True/False)
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Correct Answer:
False
Gantt charts give a timeline for each of a project's activities,but they do not adequately illustrate the interrelationships between the activities and the resources.
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(True/False)
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Correct Answer:
True
Which of the following statements concerning CPM activities is false?
(Multiple Choice)
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Which of the following is NOT one of the phases of project management?
(Multiple Choice)
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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?
(Multiple Choice)
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A project being analyzed by PERT has 38 activities,16 of which are on the critical path.If the estimated time along the critical path is 90 days with a project variance of 25,what is the probability that the project will be completed in 88 days or less?
(Multiple Choice)
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The network analysis method that allows activity times to vary is ________.
(Essay)
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A project whose critical path has an estimated time of 820 days with a variance of 225 has a 20% chance that the project will be completed before which day (rounded to nearest day)?
(Multiple Choice)
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The critical path for the network activities shown below is ________ with duration ________. 

(Multiple Choice)
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Which of the following statements regarding Bechtel is true?
(Multiple Choice)
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A combination of effective Gantt chart use and other tactics allowed Delta to cut the average time for a plane layover by what % of the original 60 minute duration?
(Multiple Choice)
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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?

(Essay)
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The PERT pessimistic time estimate is an estimate of the minimum time an activity will require.
(True/False)
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Explain why the critical path is the longest,not the shortest,path through a network.
(Essay)
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A simple CPM network has three activities,A,B,and C.A is an immediate predecessor of B and of C.B is an immediate predecessor of C.The activity durations are A=4,B=3,C=8.
(Multiple Choice)
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Describe the differences between a Gantt chart and a PERT/CPM network.
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