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Deck 12: Managing Projects
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Question
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, what are the days to completion?
A)29 days
B)25 days
C)22 days
D)19 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)29 days
B)25 days
C)22 days
D)19 days
E)Need more information to answer the question
Question
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path BOD is the critical path for the project.
C)Path BLD is the critical path for the project.
D)Path BOLD is a valid path for the project.
E)Tasks B, O, L, and D lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path BOD is the critical path for the project.
C)Path BLD is the critical path for the project.
D)Path BOLD is a valid path for the project.
E)Tasks B, O, L, and D lie in the critical path for the project.
Question
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, which of the following statements is true?
A)None of the tasks have slack.
B)Task O has 3 days of slack.
C)Task L has 4 days of slack.
D)Task D has 2 days of slack.
E)Task L has 3 days of slack.
-Based on the information, which of the following statements is true?
A)None of the tasks have slack.
B)Task O has 3 days of slack.
C)Task L has 4 days of slack.
D)Task D has 2 days of slack.
E)Task L has 3 days of slack.
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Based on the information, what are the days to completion?
A)37 days
B)21 weeks
C)24 weeks
D)19 weeks
E)28 weeks
-Based on the information, what are the days to completion?
A)37 days
B)21 weeks
C)24 weeks
D)19 weeks
E)28 weeks
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the late start (LS) time for Task F.
A)2 weeks
B)5 weeks
C)6 weeks
D)9 weeks
E)12 weeks
-Calculate the late start (LS) time for Task F.
A)2 weeks
B)5 weeks
C)6 weeks
D)9 weeks
E)12 weeks
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the early finish (EF) time for Task T.
A)6 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)18 weeks
-Calculate the early finish (EF) time for Task T.
A)6 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)18 weeks
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which task has non-zero slack?
A)S
B)O
C)E
D)F
E)N
-Which task has non-zero slack?
A)S
B)O
C)E
D)F
E)N
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which task has the greatest amount of slack?
A)O
B)F
C)T
D)E
E)N
-Which task has the greatest amount of slack?
A)O
B)F
C)T
D)E
E)N
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which of the following identifies the critical path tasks?
A)S, O, E, N
B)S, O, T, N
C)S, O, F, T, E, N
D)S, F, E, N
E)All the tasks are critical path tasks
-Which of the following identifies the critical path tasks?
A)S, O, E, N
B)S, O, T, N
C)S, O, F, T, E, N
D)S, F, E, N
E)All the tasks are critical path tasks
Question
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the late finish (LF) time for Task N.
A)18 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)24 weeks
-Calculate the late finish (LF) time for Task N.
A)18 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)24 weeks
Question
The table below shows the tasks required to complete a project and the expected duration and predecessor for each task. Which of the following tasks has a non-zero slack? 
A)A
B)B
C)D
D)F
E)C
A)A
B)B
C)D
D)F
E)C
Question
The table below shows the tasks required to complete a project and the expected duration and predecessor for each task. Calculate the late finish (LF) time for Task E. 
A)20 weeks
B)21 weeks
C)19 weeks
D)10 weeks
E)9 weeks
A)20 weeks
B)21 weeks
C)19 weeks
D)10 weeks
E)9 weeks
Question
What is the latest that Task B can start if A takes 35 days, B takes 5 days, C takes 6 days, and D takes 7 days? 
A)35
B)36
C)40
D)41
E)Cannot determine from the information given
A)35
B)36
C)40
D)41
E)Cannot determine from the information given
Question
This Gantt chart can be used to show the following: 
A)Task C must come before Task D.
B)Task F can be done at the same time as D.
C)Task E can begin as soon as Task A is complete.
D)Tasks D and B can be done simultaneously.
E)Cannot determine from the information given
A)Task C must come before Task D.
B)Task F can be done at the same time as D.
C)Task E can begin as soon as Task A is complete.
D)Tasks D and B can be done simultaneously.
E)Cannot determine from the information given
Question
The table provides a project with the task lengths (in days) and precedence requirements.
-Based on the information, what are the days to completion?
A)33 days
B)30 days
C)25 days
D)18 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)33 days
B)30 days
C)25 days
D)18 days
E)Need more information to answer the question
Question
The table provides a project with the task lengths (in days) and precedence requirements.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ACD is the critical path for the project.
C)Path ABD is the critical path for the project.
D)Path ABCD is a valid path for the project.
E)Tasks A, B, C, and D lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ACD is the critical path for the project.
C)Path ABD is the critical path for the project.
D)Path ABCD is a valid path for the project.
E)Tasks A, B, C, and D lie in the critical path for the project.
Question
The table provides a project with the task lengths (in days) and precedence requirements.
-Calculate the late start (LS) time for Task C.
A)23 days
B)15 days
C)30 days
D)18 days
E)20 days
-Calculate the late start (LS) time for Task C.
A)23 days
B)15 days
C)30 days
D)18 days
E)20 days
Question
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. How long should we expect it to take to complete this project? 
A)25
B)21
C)29
D)19
E)36
A)25
B)21
C)29
D)19
E)36
Question
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. Which of these tasks is not on the critical path? 
A)A
B)B
C)C
D)D
E)F
A)A
B)B
C)C
D)D
E)F
Question
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. The late finish (LF) time for Task C is _______. 
A)5
B)8
C)9
D)12
E)19
A)5
B)8
C)9
D)12
E)19
Question
Following are the three estimates for a project:
-Calculate the expected completion time for Task B.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task B.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
Question
Following are the three estimates for a project:
-Calculate the expected completion time for Task O.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task O.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
Question
Following are the three estimates for a project:
-Calculate the expected completion time for Task D.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task D.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
Question
Following are the three estimates for a project:
-Calculate the completion time variance for Task A.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task A.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
Question
Following are the three estimates for a project:
-Calculate the completion time variance for Task C.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task C.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
Question
Following are the three estimates for a project:
-Calculate the completion time variance for Task D.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task D.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
Question
Following are the three estimates for a project:
-Considering tasks B, O, and D are the critical path tasks, what is the expected completion time for the project?
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Considering tasks B, O, and D are the critical path tasks, what is the expected completion time for the project?
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Based on the information, what are the days to completion?
A)21 days
B)22 days
C)26 days
D)32 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)21 days
B)22 days
C)26 days
D)32 days
E)Need more information to answer the question
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ABEF is the critical path for the project.
C)Path ABDF is the critical path for the project.
D)Path ACDF is the critical path for the project.
E)Tasks A, B, C, D, and F lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ABEF is the critical path for the project.
C)Path ABDF is the critical path for the project.
D)Path ACDF is the critical path for the project.
E)Tasks A, B, C, D, and F lie in the critical path for the project.
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate expected completion time for Task D.
A)3.08
B)7.03
C)3.00
D)1.97
E)6.93
-Calculate expected completion time for Task D.
A)3.08
B)7.03
C)3.00
D)1.97
E)6.93
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate completion time variance for Task B.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
-Calculate completion time variance for Task B.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-What are the expected days to completion?
A)20.98
B)25.93
C)22.09
D)31.98
E)26.00
-What are the expected days to completion?
A)20.98
B)25.93
C)22.09
D)31.98
E)26.00
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate the variance of the project's expected completion time.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
-Calculate the variance of the project's expected completion time.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate the standard deviation of the project's expected completion time.
A)0.583
B)0.417
C)0.342
D)0.632
E)0.232
-Calculate the standard deviation of the project's expected completion time.
A)0.583
B)0.417
C)0.342
D)0.632
E)0.232
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-What should be the desired completion days, if one needed a 99% confidence level?
A)27.39
B)27.24
C)27.16
D)25.93
E)26.96
-What should be the desired completion days, if one needed a 99% confidence level?
A)27.39
B)27.24
C)27.16
D)25.93
E)26.96
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Which non-critical task should be monitored closely because of high completion time variance?
A)C
B)F
C)A
D)D
E)B
-Which non-critical task should be monitored closely because of high completion time variance?
A)C
B)F
C)A
D)D
E)B
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-What is the crash costs for Task A?
A)$1,500
B)$1,350
C)$750
D)$800
E)$600
-What is the crash costs for Task A?
A)$1,500
B)$1,350
C)$750
D)$800
E)$600
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-Which statement out of the following is NOT correct?
A)The crash cost per day for Task A is greater than the crash cost per day for Task C.
B)The crash cost per day for Task E is 200 dollars less than the crash cost per day for Task D.
C)The crash cost per day for Task B is $750.
D)The crash cost per day for Task C is more than the crash cost per day for Task F.
E)The total normal cost of the project is $3,650.
-Which statement out of the following is NOT correct?
A)The crash cost per day for Task A is greater than the crash cost per day for Task C.
B)The crash cost per day for Task E is 200 dollars less than the crash cost per day for Task D.
C)The crash cost per day for Task B is $750.
D)The crash cost per day for Task C is more than the crash cost per day for Task F.
E)The total normal cost of the project is $3,650.
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-It is desired to reduce the project completion time by 1 day. Based on the crash costs per day values, which task should be crashed first?
A)A
B)C
C)F
D)D
E)E
-It is desired to reduce the project completion time by 1 day. Based on the crash costs per day values, which task should be crashed first?
A)A
B)C
C)F
D)D
E)E
Question
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.
A)$600
B)$3,600
C)$2,750
D)$400
E)$3,450
-Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.
A)$600
B)$3,600
C)$2,750
D)$400
E)$3,450
Question
A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the highest level of risk? 
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
Question
A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the lowest level of risk? 
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
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Deck 12: Managing Projects
1
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, what are the days to completion?
A)29 days
B)25 days
C)22 days
D)19 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)29 days
B)25 days
C)22 days
D)19 days
E)Need more information to answer the question
25 days
2
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path BOD is the critical path for the project.
C)Path BLD is the critical path for the project.
D)Path BOLD is a valid path for the project.
E)Tasks B, O, L, and D lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path BOD is the critical path for the project.
C)Path BLD is the critical path for the project.
D)Path BOLD is a valid path for the project.
E)Tasks B, O, L, and D lie in the critical path for the project.
Path BOD is the critical path for the project.
3
Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
-Based on the information, which of the following statements is true?
A)None of the tasks have slack.
B)Task O has 3 days of slack.
C)Task L has 4 days of slack.
D)Task D has 2 days of slack.
E)Task L has 3 days of slack.
-Based on the information, which of the following statements is true?
A)None of the tasks have slack.
B)Task O has 3 days of slack.
C)Task L has 4 days of slack.
D)Task D has 2 days of slack.
E)Task L has 3 days of slack.
Task L has 3 days of slack.
4
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Based on the information, what are the days to completion?
A)37 days
B)21 weeks
C)24 weeks
D)19 weeks
E)28 weeks
-Based on the information, what are the days to completion?
A)37 days
B)21 weeks
C)24 weeks
D)19 weeks
E)28 weeks
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5
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the late start (LS) time for Task F.
A)2 weeks
B)5 weeks
C)6 weeks
D)9 weeks
E)12 weeks
-Calculate the late start (LS) time for Task F.
A)2 weeks
B)5 weeks
C)6 weeks
D)9 weeks
E)12 weeks
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6
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the early finish (EF) time for Task T.
A)6 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)18 weeks
-Calculate the early finish (EF) time for Task T.
A)6 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)18 weeks
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7
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which task has non-zero slack?
A)S
B)O
C)E
D)F
E)N
-Which task has non-zero slack?
A)S
B)O
C)E
D)F
E)N
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8
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which task has the greatest amount of slack?
A)O
B)F
C)T
D)E
E)N
-Which task has the greatest amount of slack?
A)O
B)F
C)T
D)E
E)N
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9
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Which of the following identifies the critical path tasks?
A)S, O, E, N
B)S, O, T, N
C)S, O, F, T, E, N
D)S, F, E, N
E)All the tasks are critical path tasks
-Which of the following identifies the critical path tasks?
A)S, O, E, N
B)S, O, T, N
C)S, O, F, T, E, N
D)S, F, E, N
E)All the tasks are critical path tasks
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10
Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
-Calculate the late finish (LF) time for Task N.
A)18 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)24 weeks
-Calculate the late finish (LF) time for Task N.
A)18 weeks
B)17 weeks
C)12 weeks
D)23 weeks
E)24 weeks
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11
The table below shows the tasks required to complete a project and the expected duration and predecessor for each task. Which of the following tasks has a non-zero slack?
A)A
B)B
C)D
D)F
E)C
A)A
B)B
C)D
D)F
E)C
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12
The table below shows the tasks required to complete a project and the expected duration and predecessor for each task. Calculate the late finish (LF) time for Task E.
A)20 weeks
B)21 weeks
C)19 weeks
D)10 weeks
E)9 weeks
A)20 weeks
B)21 weeks
C)19 weeks
D)10 weeks
E)9 weeks
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13
What is the latest that Task B can start if A takes 35 days, B takes 5 days, C takes 6 days, and D takes 7 days?
A)35
B)36
C)40
D)41
E)Cannot determine from the information given
A)35
B)36
C)40
D)41
E)Cannot determine from the information given
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14
This Gantt chart can be used to show the following:
A)Task C must come before Task D.
B)Task F can be done at the same time as D.
C)Task E can begin as soon as Task A is complete.
D)Tasks D and B can be done simultaneously.
E)Cannot determine from the information given
A)Task C must come before Task D.
B)Task F can be done at the same time as D.
C)Task E can begin as soon as Task A is complete.
D)Tasks D and B can be done simultaneously.
E)Cannot determine from the information given
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15
The table provides a project with the task lengths (in days) and precedence requirements.
-Based on the information, what are the days to completion?
A)33 days
B)30 days
C)25 days
D)18 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)33 days
B)30 days
C)25 days
D)18 days
E)Need more information to answer the question
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16
The table provides a project with the task lengths (in days) and precedence requirements.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ACD is the critical path for the project.
C)Path ABD is the critical path for the project.
D)Path ABCD is a valid path for the project.
E)Tasks A, B, C, and D lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ACD is the critical path for the project.
C)Path ABD is the critical path for the project.
D)Path ABCD is a valid path for the project.
E)Tasks A, B, C, and D lie in the critical path for the project.
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17
The table provides a project with the task lengths (in days) and precedence requirements.
-Calculate the late start (LS) time for Task C.
A)23 days
B)15 days
C)30 days
D)18 days
E)20 days
-Calculate the late start (LS) time for Task C.
A)23 days
B)15 days
C)30 days
D)18 days
E)20 days
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18
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. How long should we expect it to take to complete this project?
A)25
B)21
C)29
D)19
E)36
A)25
B)21
C)29
D)19
E)36
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19
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. Which of these tasks is not on the critical path?
A)A
B)B
C)C
D)D
E)F
A)A
B)B
C)C
D)D
E)F
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20
A project is composed of 6 tasks that have durations and precedence requirements shown in the table. The late finish (LF) time for Task C is _______.
A)5
B)8
C)9
D)12
E)19
A)5
B)8
C)9
D)12
E)19
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21
Following are the three estimates for a project:
-Calculate the expected completion time for Task B.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task B.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
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22
Following are the three estimates for a project:
-Calculate the expected completion time for Task O.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task O.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
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23
Following are the three estimates for a project:
-Calculate the expected completion time for Task D.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Calculate the expected completion time for Task D.
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
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24
Following are the three estimates for a project:
-Calculate the completion time variance for Task A.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task A.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
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25
Following are the three estimates for a project:
-Calculate the completion time variance for Task C.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task C.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
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26
Following are the three estimates for a project:
-Calculate the completion time variance for Task D.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
-Calculate the completion time variance for Task D.
A)0.274
B)0.004
C)0.134
D)0.085
E)0.054
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27
Following are the three estimates for a project:
-Considering tasks B, O, and D are the critical path tasks, what is the expected completion time for the project?
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
-Considering tasks B, O, and D are the critical path tasks, what is the expected completion time for the project?
A)9.96
B)7.03
C)4.00
D)8.07
E)25.06
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28
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Based on the information, what are the days to completion?
A)21 days
B)22 days
C)26 days
D)32 days
E)Need more information to answer the question
-Based on the information, what are the days to completion?
A)21 days
B)22 days
C)26 days
D)32 days
E)Need more information to answer the question
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29
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ABEF is the critical path for the project.
C)Path ABDF is the critical path for the project.
D)Path ACDF is the critical path for the project.
E)Tasks A, B, C, D, and F lie in the critical path for the project.
-Based on the information, which of the following statements is true?
A)None of the paths in the project is a critical path.
B)Path ABEF is the critical path for the project.
C)Path ABDF is the critical path for the project.
D)Path ACDF is the critical path for the project.
E)Tasks A, B, C, D, and F lie in the critical path for the project.
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30
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate expected completion time for Task D.
A)3.08
B)7.03
C)3.00
D)1.97
E)6.93
-Calculate expected completion time for Task D.
A)3.08
B)7.03
C)3.00
D)1.97
E)6.93
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31
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate completion time variance for Task B.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
-Calculate completion time variance for Task B.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
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32
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-What are the expected days to completion?
A)20.98
B)25.93
C)22.09
D)31.98
E)26.00
-What are the expected days to completion?
A)20.98
B)25.93
C)22.09
D)31.98
E)26.00
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Unlock Deck
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33
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate the variance of the project's expected completion time.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
-Calculate the variance of the project's expected completion time.
A)0.054
B)0.174
C)0.399
D)0.117
E)0.340
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Unlock Deck
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34
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Calculate the standard deviation of the project's expected completion time.
A)0.583
B)0.417
C)0.342
D)0.632
E)0.232
-Calculate the standard deviation of the project's expected completion time.
A)0.583
B)0.417
C)0.342
D)0.632
E)0.232
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Unlock Deck
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35
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-What should be the desired completion days, if one needed a 99% confidence level?
A)27.39
B)27.24
C)27.16
D)25.93
E)26.96
-What should be the desired completion days, if one needed a 99% confidence level?
A)27.39
B)27.24
C)27.16
D)25.93
E)26.96
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36
The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
-Which non-critical task should be monitored closely because of high completion time variance?
A)C
B)F
C)A
D)D
E)B
-Which non-critical task should be monitored closely because of high completion time variance?
A)C
B)F
C)A
D)D
E)B
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37
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-What is the crash costs for Task A?
A)$1,500
B)$1,350
C)$750
D)$800
E)$600
-What is the crash costs for Task A?
A)$1,500
B)$1,350
C)$750
D)$800
E)$600
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38
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-Which statement out of the following is NOT correct?
A)The crash cost per day for Task A is greater than the crash cost per day for Task C.
B)The crash cost per day for Task E is 200 dollars less than the crash cost per day for Task D.
C)The crash cost per day for Task B is $750.
D)The crash cost per day for Task C is more than the crash cost per day for Task F.
E)The total normal cost of the project is $3,650.
-Which statement out of the following is NOT correct?
A)The crash cost per day for Task A is greater than the crash cost per day for Task C.
B)The crash cost per day for Task E is 200 dollars less than the crash cost per day for Task D.
C)The crash cost per day for Task B is $750.
D)The crash cost per day for Task C is more than the crash cost per day for Task F.
E)The total normal cost of the project is $3,650.
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39
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-It is desired to reduce the project completion time by 1 day. Based on the crash costs per day values, which task should be crashed first?
A)A
B)C
C)F
D)D
E)E
-It is desired to reduce the project completion time by 1 day. Based on the crash costs per day values, which task should be crashed first?
A)A
B)C
C)F
D)D
E)E
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40
The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
-Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.
A)$600
B)$3,600
C)$2,750
D)$400
E)$3,450
-Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.
A)$600
B)$3,600
C)$2,750
D)$400
E)$3,450
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41
A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the highest level of risk?
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
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42
A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the lowest level of risk?
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
A)Political issues
B)Environmental issues
C)Labor issues
D)Regulations
E)Social responsibility
Unlock Deck
Unlock for access to all 42 flashcards in this deck.
Unlock Deck
k this deck
Unlock Deck
Unlock for access to all 42 flashcards in this deck.
