Exam 4: Projects

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the BCWS for Activity D?

Which of the following is not an advantage of a matrix project?

You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of problems as they arise. You recognize that the project is going to take a lot of time and require a lot of team pride, motivation, and commitment by all members. Which project management structure should you use in this situation?

Using the time-cost CPM model, the crash time is the shortest possible time allowed for each activity in the project.

The critical path in a project is that sequence of activities that consume the longest amount of time in a project network of activities.

For an activity in a CPM analysis, the early start time is 8 and the late start time is 10. Which of the following statements is true?

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the BCWS for Activity A?

You have just performed a CPM analysis and have found that more than one path through the project network has zero slack values. What can you conclude?

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the BCWP for Activity B?

A disadvantage of a matrix project organizational structure is that a project manager is held responsible for successful completion of the project.

The critical path in a CPM analysis is always the shortest path through the network.

This is usually a written description of the objectives to be achieved, with a brief statement of the work to be done and a proposed schedule specifying the start and completion dates.

A simple project listing of five activities, their predecessors, and their respective time estimates are presented here: Using the CPM, which activities have slack in this project?

Which of the following takes the least amount of time?

You have just used the network planning model and found the critical path length is 30 days and the variance of the critical path is 25 days. The probability that the project will be completed in 33 days or less is equal to (2 decimal accuracy).

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the schedule performance index for the project?

Pure projects suffer from duplication of resources.

In the time-cost CPM model, cost is assumed to be a linear function of time.

Which of the following is a graphic project report used in project management?

A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented here: Using CPM, which activities have slack in this project?