Question 1

In the implementation phase, project details are thrashed out and documented.

Accepted Answer

A) True 
 B)False  False

Question 2

Using the data supplied in the following table, by how many weeks can we crash activity A? $$\begin{array} { | c | c | c | c | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Normal } \
\text { Time }
\end{array} & \begin{array} { c } 
\text { Crash } \
\text { Time }
\end{array} & \begin{array} { c } 
\text { Normal } \
\text { Cost }
\end{array} & \begin{array} { c } 
\text { Crash } \
\text { Cost }
\end{array} & \begin{array} { c } 
\text { Availab le } \
\text { Weeks of } \
\text { Crashing }
\end{array} & \begin{array} { c } 
\text { Crashing } \
\text { Cost/Week }
\end{array} \
\hline \text { A } & 4 & 2 & \$ 15,000 & \$ 21,000 & & \
\hline \text { B } & 3 & 2 & \$ 15,000 & \$ 18,000 & & \
\hline \text { C } & 4 & 4 & \$ 9,000 & \$ 9,000 & & \
\hline \mathrm { D } & 5 & 3 & \$ 10,000 & \$ 16,000 & & \
\hline E & 4 & 1 & \$ 10,000 & \$ 13,000 & & \
\hline \text { F } & 1 & 1 & \$ 10,000 & \$ 10,000 & & \
\hline
\end{array}$$

Accepted Answer

A)   0
B)   6
C)   1
D)   2  D

Question 3

Project teams are organized in a cross-functional or matrix structure.

Accepted Answer

A) True 
 B)False  False

Question 4

If we cannot estimate probabilities because the project cash flows are uncertain, then we can use all of the following methods except

Accepted Answer

A)   minimax regret
B)   maximin
C)   maximax
D)   EMV

Question 5

Using the information shown in the previous table, what is the variance for activity H?

Accepted Answer

A)   6
B)   12
C)   4
D)   0.44

Question 6

Lucy, the project manager, and her team were able to archive important project documents in a safe and accessible place and then celebrate during the __________ phase of the project.

Accepted Answer

The answer of Lucy, the project manager, and her team...

Question 7

If the length of the critical path is 25 weeks, what is the shortest project due date if the project manager wants at least a 98 percent probability that the project will be completed on or before the due date?

Accepted Answer

A)   less than or equal to 25 weeks
B)   greater than 32 weeks but less than 33 weeks
C)   greater than 33 weeks but less than or equal to 35 weeks
D)   greater than 25 weeks but less than 32 weeks

Question 8

A project can only have exactly one critical path.

Accepted Answer

A) True 
 B)False

Question 9

How would you describe the responsibilities of a project manager? Briefly describe these responsibilities for a team manager who is in charge of a team of four people for a semester-long project involving research and a 45-minute presentation.

Accepted Answer

The answer of How would you describe the responsibilities of...

Question 10

Project management is the controlling of time and resources to meet and manage stakeholder goals, project risks, and project changes.

Accepted Answer

A) True 
 B)False

Question 11

A full time equivalent is the number of hours it would take the project team to complete an activity.

Accepted Answer

A) True 
 B)False

Question 12

The __________ is a statement of all work, tasks, and subtasks that have to be completed.

Accepted Answer

The answer of The __________ is a statement of all...

Question 13

Popular techniques to plan for and monitor a project include

Accepted Answer

A)   WBS, Pareto chart, PERT/CPM
B)   WBS, Gantt chart, and PERT/CPM
C)   LFT, EFT, and EST
D)   LFT, EST, and LST

Question 14

Using the data supplied, which activity should be crashed first if the critical path is A-B-D-E?

Accepted Answer

A)   B
B)   A
C)   E
D)   D

Question 15

Draw the project network based on the following information. Identify all of the possible paths and the critical path, and calculate the project completion time. In addition, complete the following PERT table.
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor(s) }
\end{array} & \begin{array} { c } 
\text { Time } \
\text { (Minutes) }
\end{array} \
\hline \mathrm { A } & - & 5 \
\hline \mathrm { B } & - & 6 \
\hline \mathrm { C } & \mathrm { A } & 8 \
\hline \mathrm { D } & \mathrm { B } & 11 \
\hline \mathrm { E } & \mathrm { B } & 8 \
\hline \mathrm { F } & \mathrm { C } , \mathrm { D } & 8 \
\hline \mathrm { G } & \mathrm { D } , \mathrm { E } & 10 \
\hline \mathrm { H } & \mathrm { G } , \mathrm { F } & 11 \
\hline
\end{array}$$ $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Earliest } \
\text { Start }
\end{array} & \begin{array} { c } 
\text { Earliest } \
\text { Finish }
\end{array} & \begin{array} { c } 
\text { Latest } \
\text { Start }
\end{array} & \begin{array} { c } 
\text { Latest } \
\text { Finish }
\end{array} & \text { Slack } \
\hline \text { A } & & & & & \
\hline \text { B } & & & & & \
\hline \text { C } & & & & & \
\hline \text { D } & & & & & \
\hline \text { E } & & & & & \
\hline \text { F } & & & & & \
\hline \text { G } & & & & & \
\hline \text { H } & & & & & \
\hline
\end{array}$$

Accepted Answer

The answer of Draw the project network based on the...

Question 16

Project management involves managing all of the following except

Accepted Answer

A)   project risks
B)   stakeholder quality
C)   project changes
D)   scenario planning

Question 17

Critical activities are those activities where no delays can be tolerated.

Accepted Answer

A) True 
 B)False

Question 18

Given that activity B has the following times, which of the following statements is true about activity B?
Earliest start time = 9 days; latest start time = 17 days; earliest finish time = 15 days; latest finish time = 23 days

Accepted Answer

A)   Activity B has a slack time of 8 days.
B)   Activity B is a critical activity.
C)   Activity B takes 6 days to complete.
D)   Activity B takes 23 days to complete.

Question 19

Any activity that cannot be delayed without delaying the entire project has zero __________.

Accepted Answer

The answer of Any activity that cannot be delayed without...

Question 20

A project has three possible paths from start to finish. Path A-B-C is 15 hours; path A-C-D is 10 hours, and path A-C-E is 20 hours. Which one of the following statements is true?

Accepted Answer

A)   The expected duration of this project is 10 hours.
B)   The expected duration of this project is 15 + 10 + 20 = 45 hours.
C)   Path A-C-E is the critical path.
D)   Path A-B-C has the most slack.

Exam 13: Working With Projects

In the implementation phase, project details are thrashed out and documented.

Project teams are organized in a cross-functional or matrix structure.

If we cannot estimate probabilities because the project cash flows are uncertain, then we can use all of the following methods except

Using the information shown in the previous table, what is the variance for activity H?

Lucy, the project manager, and her team were able to archive important project documents in a safe and accessible place and then celebrate during the __________ phase of the project.

If the length of the critical path is 25 weeks, what is the shortest project due date if the project manager wants at least a 98 percent probability that the project will be completed on or before the due date?

A project can only have exactly one critical path.

How would you describe the responsibilities of a project manager? Briefly describe these responsibilities for a team manager who is in charge of a team of four people for a semester-long project involving research and a 45-minute presentation.

Project management is the controlling of time and resources to meet and manage stakeholder goals, project risks, and project changes.

A full time equivalent is the number of hours it would take the project team to complete an activity.

The __________ is a statement of all work, tasks, and subtasks that have to be completed.

Popular techniques to plan for and monitor a project include

Using the data supplied, which activity should be crashed first if the critical path is A-B-D-E?

Project management involves managing all of the following except

Critical activities are those activities where no delays can be tolerated.

Given that activity B has the following times, which of the following statements is true about activity B? Earliest start time = 9 days; latest start time = 17 days; earliest finish time = 15 days; latest finish time = 23 days

Any activity that cannot be delayed without delaying the entire project has zero __________.

A project has three possible paths from start to finish. Path A-B-C is 15 hours; path A-C-D is 10 hours, and path A-C-E is 20 hours. Which one of the following statements is true?