Question 1

To obtain the latest start and latest finish time, we must work forward through the network.

Accepted Answer

A) True 
 B)False

Question 2

The________  is a statement of all work that has to be completed.

Accepted Answer

work break

Question 3

Activity slack refers to how much time an activity's completion time must be reduced by in order to shorten the critical path.

Accepted Answer

A) True 
 B)False

Question 4

The crash cost is the additional cost associated with reducing the time required to complete an activity in a project.

Accepted Answer

A) True 
 B)False

Question 5

The duration of an entire project is determined by the earliest finish time (EF) for the last activity on the critical path.

Accepted Answer

A) True 
 B)False

Question 6

The difference between the earliest start (ES) and the earliest finish (EF) times for any activity in a project network is the

Accepted Answer

A)  estimated duration of the activity. 
B)  latest finish time for the activity. 
C)  activity total slack time. 
D)  activity free slack time. 
A)  estimated duration of the activity. 
B)  latest finish time for the activity. 
C)  activity total slack time. 
D)  activity free slack time.

Question 7

A project is an interrelated set of activities that has a definite starting and ending point.

Accepted Answer

A) True 
 B)False

Question 8

A project has three paths. A- B- C has a length of 25 days. A- D- C has a length of 15 days. Finally, A- E- C has a length of 20 days. Which one of the following statements is TRUE?

Accepted Answer

A)  A- B- C has the most slack. 
B)  The expected duration of this project is 25 days. 
C)  The expected duration of this project is 25 + 15 + 20 = 60 days. 
D)  A- D- C is the critical path. 
A)  A- B- C has the most slack. 
B)  The expected duration of this project is 25 days. 
C)  The expected duration of this project is 25 + 15 + 20 = 60 days. 
D)  A- D- C is the critical path.

Question 9

Which of the following statements concerning the critical path in project network is FALSE?

Accepted Answer

A)  The critical path is the sequence of activities between a project's start and finish that takes the longest to finish. 
B)  Activities on the critical path have zero slack. 
C)  Delaying an activity on the critical path delays the entire project. 
D)  There is always only one critical path in a project network. 
A)  The critical path is the sequence of activities between a project's start and finish that takes the longest to finish. 
B)  Activities on the critical path have zero slack. 
C)  Delaying an activity on the critical path delays the entire project. 
D)  There is always only one critical path in a project network.

Question 10

Explain what it means to crash activities within a project.

Accepted Answer

Crash activities are used to d

Question 11

________ is the maximum length of time that an activity can be delayed without delaying the entire project.

Accepted Answer

The answer of ________ is the maximum length of time...

Question 12

The additional cost associated with reducing an activity time is called ________ .

Accepted Answer

The answer of The additional cost associated with reducing an...

Question 13

Projects have a life cycle that consists of four parts.

Accepted Answer

A) True 
 B)False

Question 14

One of duties of the project manager is to make sure that issues that have been raised during the project actually get resolved in a timely fashion.

Accepted Answer

A) True 
 B)False

Question 15

An activity that includes writing final reports, completing remaining deliverables, and compiling the team's recommendations for improving the project process is called________

Accepted Answer

The answer of An activity that includes writing final reports,...

Question 16

Projects often cut across organizational lines.

Accepted Answer

A) True 
 B)False

Question 17

Of the four major phases in project life cycles, typically the execution stage requires the most resources.

Accepted Answer

A) True 
 B)False

Question 18

Briefly describe the term refers to as new product or service development process.

Accepted Answer

The new service or product development p

Question 19

The probability that a project will be completed by its earliest expected completion date is

Accepted Answer

A)  100 percent. 
B)  95 percent. 
C)  50 percent. 
D)  impossible to determine. 
A)  100 percent. 
B)  95 percent. 
C)  50 percent. 
D)  impossible to determine.

Question 20

Which one of the following statements about network diagrams is TRUE?

Accepted Answer

A)  In an activity- on- arc diagram, the arcs depict the activities as well as the precedence relationships. 
B)  In an activity- on- node diagram, "events" are used to denote the end points of arcs. 
C)  In an activity- on- arc diagram, there is never a need to use "dummy" activities. 
D)  In an activity- on- node diagram, the nodes depict precedence relationships as well as activities. 
A)  In an activity- on- arc diagram, the arcs depict the activities as well as the precedence relationships. 
B)  In an activity- on- node diagram, "events" are used to denote the end points of arcs. 
C)  In an activity- on- arc diagram, there is never a need to use "dummy" activities. 
D)  In an activity- on- node diagram, the nodes depict precedence relationships as well as activities.

To obtain the latest start and latest finish time, we must work forward through the network.

The________ is a statement of all work that has to be completed.

Activity slack refers to how much time an activity's completion time must be reduced by in order to shorten the critical path.

The crash cost is the additional cost associated with reducing the time required to complete an activity in a project.

The duration of an entire project is determined by the earliest finish time (EF) for the last activity on the critical path.

The difference between the earliest start (ES) and the earliest finish (EF) times for any activity in a project network is the

A project is an interrelated set of activities that has a definite starting and ending point.

A project has three paths. A- B- C has a length of 25 days. A- D- C has a length of 15 days. Finally, A- E- C has a length of 20 days. Which one of the following statements is TRUE?

Which of the following statements concerning the critical path in project network is FALSE?

Explain what it means to crash activities within a project.

________ is the maximum length of time that an activity can be delayed without delaying the entire project.

The additional cost associated with reducing an activity time is called ________ .

Projects have a life cycle that consists of four parts.

One of duties of the project manager is to make sure that issues that have been raised during the project actually get resolved in a timely fashion.

An activity that includes writing final reports, completing remaining deliverables, and compiling the team's recommendations for improving the project process is called________

Projects often cut across organizational lines.

Of the four major phases in project life cycles, typically the execution stage requires the most resources.

Briefly describe the term refers to as new product or service development process.

The probability that a project will be completed by its earliest expected completion date is

Which one of the following statements about network diagrams is TRUE?

Creating Customer Value

Supply Chain Management

Supply Chain Sustainability and Humanitarian Logistics

Process Configuration

Capacity

Waiting Lines

Inventory Management

Quality and Process Improvement

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

Resource Planning

Filters

Exam 9: Lean Systems

To obtain the latest start and latest finish time, we must work forward through the network.

The________ is a statement of all work that has to be completed.

Activity slack refers to how much time an activity's completion time must be reduced by in order to shorten the critical path.

The crash cost is the additional cost associated with reducing the time required to complete an activity in a project.

The duration of an entire project is determined by the earliest finish time (EF) for the last activity on the critical path.

The difference between the earliest start (ES) and the earliest finish (EF) times for any activity in a project network is the

A project is an interrelated set of activities that has a definite starting and ending point.

A project has three paths. A- B- C has a length of 25 days. A- D- C has a length of 15 days. Finally, A- E- C has a length of 20 days. Which one of the following statements is TRUE?

Which of the following statements concerning the critical path in project network is FALSE?

Explain what it means to crash activities within a project.

________ is the maximum length of time that an activity can be delayed without delaying the entire project.

The additional cost associated with reducing an activity time is called ________ .

Projects have a life cycle that consists of four parts.

One of duties of the project manager is to make sure that issues that have been raised during the project actually get resolved in a timely fashion.

An activity that includes writing final reports, completing remaining deliverables, and compiling the team's recommendations for improving the project process is called________

Projects often cut across organizational lines.

Of the four major phases in project life cycles, typically the execution stage requires the most resources.

Briefly describe the term refers to as new product or service development process.

The probability that a project will be completed by its earliest expected completion date is

Which one of the following statements about network diagrams is TRUE?

Creating Customer Value

Supply Chain Management

Supply Chain Sustainability and Humanitarian Logistics

Process Configuration

Capacity

Waiting Lines

Inventory Management

Quality and Process Improvement

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

Resource Planning

Filters