Exam 9: Lean Systems

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Draw the network corresponding to the following information. Also, complete the table, identify the critical path, and specify project completion time. Activity Immediate Predecessor(s) Time (Weeks) A \@cdots 3 B \@cdots 4 C A 6 D B 9 E B 6 F C,D 6 G D, E 8 H G,F 9 Activity Earliest Start Earliest Finish Latest Start Latest Finish Slack A B C D E F G H

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Which one of the following situations is more appropriate for the application of project management?

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The critical path method (CPM) is a network planning method initially developed as a means to schedule maintenance shutdowns at chemical plants.

(True/False)
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An activity is the largest unit of work effort.

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Scope creep refers to all activities that have yet to be completed in a project.

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There are major differences between the program evaluation and review technique (PERT) and the critical path method (CPM) for network planning.

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Activities on the critical path have zero slack.

(True/False)
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What characteristics should project manager possess?

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For controlling projects, the Schedule Performance Index (SPI) equals the cost of the work that was scheduled to have been completed by a particular date based on the original budget and project plan.

(True/False)
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Crashing, or expediting, any activity within a project will reduce the overall project completion time.

(True/False)
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Describe what a work breakdown structure (WBS) is and briefly explain the approach followed to develop a WBS for a project.

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Discuss the importance of establishing the scope, time frame, and resources to be allocated to a project before the project is actually started.

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When using the beta probability distribution to estimate activity times, which of the following statements is TRUE?

(Multiple Choice)
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A(n) ________ is an interrelated set of activities that have a definite starting and ending point and that result in a unique outcome for a specific allocation of resources.

(Short Answer)
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The new service/product development process begins with the old item and ends with the launch of the new offering.

(True/False)
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Scope creep refers to many small incremental changes to project objectives, which in total significantly expand the scope.

(True/False)
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A Gantt chart is a project schedule that superimposes project activities on a time line.

(True/False)
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Deviations from the project plan are often referred to as ________ .

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The ________ is the longest estimated time required to perform an activity.

(Short Answer)
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A(n) ________ chart is a project schedule that superimposes project activities, with their precedence relationships and estimated duration times, on a time line.

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