Question 1

An activity on a PERT network has these time estimates: optimistic = 2,most likely = 5,and pessimistic = 10.What is its expected activity time?

Accepted Answer

A) 5.00 
B) 5.33 
C) 5.67 
D) 10.67 
E) 32.00 
A) 5.00 
B) 5.33 
C) 5.67 
D) 10.67 
E) 32.00

Question 2

Identify several advantages of using PERT (and CPM).

Accepted Answer

The advantages include (1)its usefulness

Question 3

The difference between AON and AOA networks is that:

Accepted Answer

A) AOA networks sometimes require dummy activities. 
B) nodes consume no resources or time in AOA networks. 
C) both are acceptable in practice;however,Microsoft Project uses AON. 
D) nodes designate activities in AON,while arrows designate activities in AOA. 
E) All of the above are true. 
A) AOA networks sometimes require dummy activities. 
B) nodes consume no resources or time in AOA networks. 
C) both are acceptable in practice;however,Microsoft Project uses AON. 
D) nodes designate activities in AON,while arrows designate activities in AOA. 
E) All of the above are true.

Question 4

A simple CPM network has five activities,A,B,C,D,and E.A is an immediate predecessor of C and of D.B is also an immediate predecessor of C and of D.C and D are both immediate predecessors of E.Which of the following statements is true?

Accepted Answer

A) There are two paths in this network. 
B) There are four paths in this network. 
C) There are five paths in this network. 
D) There are 25 paths in this network. 
E) There are six paths in this network. 
A) There are two paths in this network. 
B) There are four paths in this network. 
C) There are five paths in this network. 
D) There are 25 paths in this network. 
E) There are six paths in this network.

Question 5

A project manager is interested in crashing a project with variable activity times.Which of the following tools should he/she employ?

Accepted Answer

A) PERT 
B) CPM 
C) Gantt Chart 
D) either PERT or CPM 
E) PERT,CPM,or a Gantt chart are fine. 
A) PERT 
B) CPM 
C) Gantt Chart 
D) either PERT or CPM 
E) PERT,CPM,or a Gantt chart are fine.

Question 6

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 7

A code of ethics especially for project managers:

Accepted Answer

A) has been established by the Project Management Institute. 
B) has been formulated by the Federal government. 
C) has been formulated by the World Trade Organization. 
D) is inappropriate,since everyone should use the same guidance on ethical issues. 
E) does not exist at this time. 
A) has been established by the Project Management Institute. 
B) has been formulated by the Federal government. 
C) has been formulated by the World Trade Organization. 
D) is inappropriate,since everyone should use the same guidance on ethical issues. 
E) does not exist at this time.

Question 8

What is the basic difference between PERT and CPM?

Accepted Answer

The basic difference between P

Question 9

Ethical issues that may arise in projects large and small include:

Accepted Answer

A) gifts from contractors. 
B) exaggerated expense reports. 
C) compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D) pressure to mask delays with false status reports. 
E) all of the above. 
A) gifts from contractors. 
B) exaggerated expense reports. 
C) compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D) pressure to mask delays with false status reports. 
E) all of the above.

Question 10

PERT,but not CPM,has the ability to consider the precedence relationships in a project.

Accepted Answer

A) True 
 B)False

Question 11

A project organization:

Accepted Answer

A) is effective for companies with multiple large projects. 
B) is appropriate only in construction firms. 
C) often fails when the project cuts across organizational lines. 
D) is most helpful for ongoing projects with no termination date. 
E) is most helpful when the work contains simple and unrelated tasks. 
A) is effective for companies with multiple large projects. 
B) is appropriate only in construction firms. 
C) often fails when the project cuts across organizational lines. 
D) is most helpful for ongoing projects with no termination date. 
E) is most helpful when the work contains simple and unrelated tasks.

Question 12

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?

Accepted Answer

(a)$2,000; (b)$4,000

Question 13

Which of the following is NOT performed by Microsoft Project?

Accepted Answer

A) drawing the project AON network 
B) identifying the critical path 
C) providing PERT probability calculations 
D) tracking the progress of the project 
E) creating the project Gantt chart 
A) drawing the project AON network 
B) identifying the critical path 
C) providing PERT probability calculations 
D) tracking the progress of the project 
E) creating the project Gantt chart

Question 14

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 15

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?

Accepted Answer

A) 3.67;1 
B) 3.67;6 
C) 4.33;1 
D) 4.33;6 
E) none of the above 
A) 3.67;1 
B) 3.67;6 
C) 4.33;1 
D) 4.33;6 
E) none of the above

Question 16

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

Question 17

WBS stands for which of the following project management tools?

Accepted Answer

A) work break schedule 
B) work breakdown status 
C) work breakdown schedule 
D) work breakdown structure 
E) work break status 
A) work break schedule 
B) work breakdown status 
C) work breakdown schedule 
D) work breakdown structure 
E) work break status

Question 18

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 19

________ 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 20

Which of the following statements about Bechtel is true?

Accepted Answer

A) Even though Bechtel is over 100 years old,the Kuwaiti oil fields was its first "project." 
B) Bechtel is the world's premier manager of massive construction and engineering projects. 
C) Bechtel's competitive advantage is supply chain management. 
D) While its projects are worldwide,its network of suppliers is largely in the United States 
E) All of the above are true. 
A) Even though Bechtel is over 100 years old,the Kuwaiti oil fields was its first "project." 
B) Bechtel is the world's premier manager of massive construction and engineering projects. 
C) Bechtel's competitive advantage is supply chain management. 
D) While its projects are worldwide,its network of suppliers is largely in the United States 
E) All of the above are true.

Exam 3: Managing Projects

An activity on a PERT network has these time estimates: optimistic = 2,most likely = 5,and pessimistic = 10.What is its expected activity time?

Identify several advantages of using PERT (and CPM).

The difference between AON and AOA networks is that:

A simple CPM network has five activities,A,B,C,D,and E.A is an immediate predecessor of C and of D.B is also an immediate predecessor of C and of D.C and D are both immediate predecessors of E.Which of the following statements is true?

A project manager is interested in crashing a project with variable activity times.Which of the following tools should he/she employ?

Which of the following projects were completed by Bechtel?

A code of ethics especially for project managers:

What is the basic difference between PERT and CPM?

Ethical issues that may arise in projects large and small include:

PERT,but not CPM,has the ability to consider the precedence relationships in a project.

A project organization:

Which of the following is NOT performed by Microsoft Project?

The phases of project management are:

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?

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?

WBS stands for which of the following project management tools?

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

Which of the following statements about Bechtel is true?

Operations and Productivity

The Global Environment and Operations Strategy

Forecasting Demand

Product Design

Quality Management and International Standards

Process Design

Location Decisions

Layout Decisions

Job Design and Work Measurement

Supply Chain Management

Managing Inventory

Aggregate Scheduling

Material Requirements Planning Mrpand Erp

Scheduling for the Short-Term

Jit,lean Operations,and the Toyota Production System

Maintenance and Reliability Decisions

Sustainability

Statistical Process Control

Capacity Planning

Supply Chain Modeling

Decision Modeling

Linear Programming Models

Transportation Modeling

Queuing Models

Learning Curves

Modeling with Simulation

Filters