Question 1

The ________ is the sequence of activities between a project's start and finish that takes the longest time to complete.

Accepted Answer

The answer of The ________ is the sequence of activities...

Question 2

Total slack can be calculated as the difference between the latest start (LS) and earliest start (ES), or by the difference between the latest finish (LF) and earliest finish (EF).

Accepted Answer

A) True 
 B)False

Question 3

A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

Accepted Answer

A) True 
 B)False

Question 4

________ simply adds more of an overloaded resource to maintain the schedule of an activity.

Accepted Answer

Resource a

Question 5

If the sum of the variances on the critical path (and all other network paths) is equal to zero, what is the probability that the project will be completed by its earliest expected completion date?

Accepted Answer

A)  50 percent 
B)  100 percent 
C)  95 percent 
D)  It cannot be determined. 
A)  50 percent 
B)  100 percent 
C)  95 percent 
D)  It cannot be determined.

Question 6

What are the benefits of using CPM/PERT?

Accepted Answer

The benefits are forcing project teams t

Question 7

A precedence relationship specifies that one activity cannot start until a preceding activity has been completed.

Accepted Answer

A) True 
 B)False

Question 8

In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be). What is the result of this action, assuming the beta distribution is being used to make time estimates?

Accepted Answer

A)  The expected time for this activity will be larger than it should be. 
B)  The beta distribution will be symmetric around its mean. 
C)  The most likely time for this activity will be larger than it should be. 
D)  The variance of the activity will be smaller than it should be. 
A)  The expected time for this activity will be larger than it should be. 
B)  The beta distribution will be symmetric around its mean. 
C)  The most likely time for this activity will be larger than it should be. 
D)  The variance of the activity will be smaller than it should be.

Question 9

Changes to the scope of a project inevitably decrease costs.

Accepted Answer

A) True 
 B)False

Question 10

Which one of the following conditions violates the assumptions of PERT/CPM networks?

Accepted Answer

A)  Two activities tied together by an arc are overlapping and can be worked on simultaneously. 
B)  Costs increase linearly as activity time is reduced below its normal time. 
C)  There can be more than one critical path in a network. 
D)  Some activities can have zero variance. 
A)  Two activities tied together by an arc are overlapping and can be worked on simultaneously. 
B)  Costs increase linearly as activity time is reduced below its normal time. 
C)  There can be more than one critical path in a network. 
D)  Some activities can have zero variance.

Question 11

________ is the smallest unit of work effort consuming both time and resources that the project manager can schedule and control.

Accepted Answer

The answer of ________ is the smallest unit of work...

Question 12

The earliest start time for an activity is equal to the

Accepted Answer

A)  smallest earliest finish time of all of its immediate predecessors. 
B)  largest earliest finish time of all of its immediate predecessors. 
C)  largest late finish time of all of its immediate predecessors. 
D)  smallest late start time of any of its immediate predecessors. 
A)  smallest earliest finish time of all of its immediate predecessors. 
B)  largest earliest finish time of all of its immediate predecessors. 
C)  largest late finish time of all of its immediate predecessors. 
D)  smallest late start time of any of its immediate predecessors.

Question 13

The new service or product development process is a core process that fundamentally shapes the supply chain.

Accepted Answer

A) True 
 B)False

Question 14

The work breakdown structure is a statement of all work that has to be completed.

Accepted Answer

A) True 
 B)False

Question 15

The activities along the critical path determine the completion time for the project.

Accepted Answer

A) True 
 B)False

Question 16

A(n) ________ depicts the relationships between activities, which consists of nodes (circles) and arcs (arrows).

Accepted Answer

The answer of A(n) ________ depicts the relationships between activities,...

Question 17

Identify and briefly explain the four categories of project risks.

Accepted Answer

Four categories of project risks include

Question 18

The network diagram is a planning method that is designed to depict the relationships between activities.

Accepted Answer

A) True 
 B)False

Question 19

A critical path is the sequence of activities between a project's start and finish.

Accepted Answer

A) True 
 B)False

Question 20

In an activity- on- node (AON) network, the nodes represent whereas the arcs represent .

Accepted Answer

A)  precedence relationships; time 
B)  activities; time 
C)  activities; precedence relationships 
D)  events; activities 
A)  precedence relationships; time 
B)  activities; time 
C)  activities; precedence relationships 
D)  events; activities

The ________ is the sequence of activities between a project's start and finish that takes the longest time to complete.

Total slack can be calculated as the difference between the latest start (LS) and earliest start (ES), or by the difference between the latest finish (LF) and earliest finish (EF).

A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

________ simply adds more of an overloaded resource to maintain the schedule of an activity.

If the sum of the variances on the critical path (and all other network paths) is equal to zero, what is the probability that the project will be completed by its earliest expected completion date?

What are the benefits of using CPM/PERT?

A precedence relationship specifies that one activity cannot start until a preceding activity has been completed.

In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be). What is the result of this action, assuming the beta distribution is being used to make time estimates?

Changes to the scope of a project inevitably decrease costs.

Which one of the following conditions violates the assumptions of PERT/CPM networks?

________ is the smallest unit of work effort consuming both time and resources that the project manager can schedule and control.

The earliest start time for an activity is equal to the

The new service or product development process is a core process that fundamentally shapes the supply chain.

The work breakdown structure is a statement of all work that has to be completed.

The activities along the critical path determine the completion time for the project.

A(n) ________ depicts the relationships between activities, which consists of nodes (circles) and arcs (arrows).

Identify and briefly explain the four categories of project risks.

The network diagram is a planning method that is designed to depict the relationships between activities.

A critical path is the sequence of activities between a project's start and finish.

In an activity- on- node (AON) network, the nodes represent whereas the arcs represent .

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

The ________ is the sequence of activities between a project's start and finish that takes the longest time to complete.

Total slack can be calculated as the difference between the latest start (LS) and earliest start (ES), or by the difference between the latest finish (LF) and earliest finish (EF).

A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

________ simply adds more of an overloaded resource to maintain the schedule of an activity.

If the sum of the variances on the critical path (and all other network paths) is equal to zero, what is the probability that the project will be completed by its earliest expected completion date?

What are the benefits of using CPM/PERT?

A precedence relationship specifies that one activity cannot start until a preceding activity has been completed.

In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be). What is the result of this action, assuming the beta distribution is being used to make time estimates?

Changes to the scope of a project inevitably decrease costs.

Which one of the following conditions violates the assumptions of PERT/CPM networks?

________ is the smallest unit of work effort consuming both time and resources that the project manager can schedule and control.

The earliest start time for an activity is equal to the

The new service or product development process is a core process that fundamentally shapes the supply chain.

The work breakdown structure is a statement of all work that has to be completed.

The activities along the critical path determine the completion time for the project.

A(n) ________ depicts the relationships between activities, which consists of nodes (circles) and arcs (arrows).

Identify and briefly explain the four categories of project risks.

The network diagram is a planning method that is designed to depict the relationships between activities.

A critical path is the sequence of activities between a project's start and finish.

In an activity- on- node (AON) network, the nodes represent whereas the arcs represent .

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