Question 1

The Critical Path Method (CPM) allows us to investigate the effects of uncertainty of activity times on the project completion time.

Accepted Answer

A) True 
 B)False

Question 2

If an activity can be completed in 10 weeks at a cost of $3,200 instead of the normal time of 12 weeks at a cost of $2,400, then the crash cost per week for the given activity is _____.

Accepted Answer

A)  $200 
B)  $400 
C)  $600 
D)  $800 
A)  $200 
B)  $400 
C)  $600 
D)  $800

Question 3

The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant activity times.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following stages of the project life cycle entails the scheduling of activities

Accepted Answer

A)  The defining stage 
B)  The planning stage 
C)  The organizing stage 
D)  The controlling stage 
A)  The defining stage 
B)  The planning stage 
C)  The organizing stage 
D)  The controlling stage

Question 5

The earliest time that an activity can be completed is equal to the latest time it can begin minus the time to perform the activity.

Accepted Answer

A) True 
 B)False

Question 6

A__________is a temporary and often customized initiative that consists of many smaller tasks and activities that must be coordinated and completed to finish the entire initiative on time and within budget.

Accepted Answer

A)  resource plan 
B)  schedule 
C)  project 
D)  product-process matrix 
A)  resource plan 
B)  schedule 
C)  project 
D)  product-process matrix

The Critical Path Method (CPM) allows us to investigate the effects of uncertainty of activity times on the project completion time.

If an activity can be completed in 10 weeks at a cost of $3,200 instead of the normal time of 12 weeks at a cost of $2,400, then the crash cost per week for the given activity is _____.

The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant activity times.

Which of the following stages of the project life cycle entails the scheduling of activities

The earliest time that an activity can be completed is equal to the latest time it can begin minus the time to perform the activity.

A__________is a temporary and often customized initiative that consists of many smaller tasks and activities that must be coordinated and completed to finish the entire initiative on time and within budget.

Operations Management and Value Chains

Measuring Performance in Operations and Value Chains

Operations Strategy

Technology and Operations Management

Goods and Service Design

Supply Chain Design

Process Selection, Design, and Analysis

Facility and Work Design

Forecasting and Demand Planning

Capacity Management

Managing Inventories in Supply Chains

Supply Chain Management and Logistics

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and SPC

Lean Operating Systems

Filters

Exam 18: Project Management

The Critical Path Method (CPM) allows us to investigate the effects of uncertainty of activity times on the project completion time.

If an activity can be completed in 10 weeks at a cost of $3,200 instead of the normal time of 12 weeks at a cost of $2,400, then the crash cost per week for the given activity is _____.

The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant activity times.

Which of the following stages of the project life cycle entails the scheduling of activities

The earliest time that an activity can be completed is equal to the latest time it can begin minus the time to perform the activity.

A__________is a temporary and often customized initiative that consists of many smaller tasks and activities that must be coordinated and completed to finish the entire initiative on time and within budget.

Operations Management and Value Chains

Measuring Performance in Operations and Value Chains

Operations Strategy

Technology and Operations Management

Goods and Service Design

Supply Chain Design

Process Selection, Design, and Analysis

Facility and Work Design

Forecasting and Demand Planning

Capacity Management

Managing Inventories in Supply Chains

Supply Chain Management and Logistics

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and SPC

Lean Operating Systems

Filters