Question 1

Figure to accompany Table 7.1
   
Table 7.1
  
-Refer to the Figure to accompany Table 7.1. Which one of the following is the critical path?

Accepted Answer

A)  ABDG 
B)  ABEG 
C)  ACEG 
D)  ACFG 
A)  ABDG 
B)  ABEG 
C)  ACEG 
D)  ACFG

Question 2

Table 7.4
  
-Using Table 7.4, what is the largest amount of slack that any activity in the project has?

Accepted Answer

A)  zero weeks 
B)  two weeks 
C)  four weeks 
D)  six weeks 
A)  zero weeks 
B)  two weeks 
C)  four weeks 
D)  six weeks

Question 3

You are given the following information about activity B:  
What will it cost to complete activity B in 6 weeks?

Accepted Answer

A)  less than or equal to $34,000 
B)  greater than $34,000 but less than or equal to $36,000 
C)  greater than $36,000 but less than or equal to $38,000 
D)  greater than $38,000 
A)  less than or equal to $34,000 
B)  greater than $34,000 but less than or equal to $36,000 
C)  greater than $36,000 but less than or equal to $38,000 
D)  greater than $38,000

Question 4

In a network diagram, an activity:

Accepted Answer

A)  is the largest unit of work effort consuming both time and resources that a project manager can schedule and control. 
B)  is the smallest unit of work effort consuming both time and resources that a project manager can schedule and control. 
C)  should always be something the company has had experience with. 
D)  must always have a single, precise estimate for the time duration. 
A)  is the largest unit of work effort consuming both time and resources that a project manager can schedule and control. 
B)  is the smallest unit of work effort consuming both time and resources that a project manager can schedule and control. 
C)  should always be something the company has had experience with. 
D)  must always have a single, precise estimate for the time duration.

Question 5

The project's objective statement should contain:

Accepted Answer

A)  slack time and activities. 
B)  scope, time frame, and allocated resources. 
C)  strengths and weaknesses of subcontractors. 
D)  activities, completion times, and incentives. 
A)  slack time and activities. 
B)  scope, time frame, and allocated resources. 
C)  strengths and weaknesses of subcontractors. 
D)  activities, completion times, and incentives.

Question 6

The project manager and team can step back and examine how the project work was accomplished during the ________ phase of the project.

Accepted Answer

The answer of The project manager and team can step...

Question 7

________ determines the sequence for undertaking activities.

Accepted Answer

Precedence

Question 8

Table 7.14
You are responsible for managing a project with the following activities (times are given in weeks).
  
-Using Table 7.14, what is the probability of completing the project in 29 or fewer weeks?

Accepted Answer

A)  less than or equal to 40% 
B)  greater than 40% but less than or equal to 45% 
C)  greater than 45% but less than or equal to 50% 
D)  greater than 50% 
A)  less than or equal to 40% 
B)  greater than 40% but less than or equal to 45% 
C)  greater than 45% but less than or equal to 50% 
D)  greater than 50%

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Figure to accompany Table 7.1
   
Table 7.1
  
-Using the information shown in Table 7.1, what is the project duration?

Accepted Answer

A)  15 
B)  14 
C)  12 
D)  10 
A)  15 
B)  14 
C)  12 
D)  10

Question 11

The normal cost is the amount of money it normally takes to complete an activity faster than its normal time.

Accepted Answer

A) True 
 B)False

Question 12

The ________ is the shortest possible time to complete the activity.

Accepted Answer

The answer of The ________ is the shortest possible time...

Question 13

Figure to accompany Table 7.1
   
Table 7.1
  
-Using the information shown in Table 7.1, what is the latest start time for activity E?

Accepted Answer

A)  2 
B)  3 
C)  5 
D)  8 
A)  2 
B)  3 
C)  5 
D)  8

Question 14

Table 7.3
  
-Using Table 7.3, if the project is due to be completed in 28 days, what is the probability that the project will be completed on or before the due date?

Accepted Answer

A)  less than or equal to 75% 
B)  greater than 75% but less than or equal to 85% 
C)  greater than 85% but less than or equal to 95% 
D)  greater than 95% 
A)  less than or equal to 75% 
B)  greater than 75% but less than or equal to 85% 
C)  greater than 85% but less than or equal to 95% 
D)  greater than 95%

Question 15

Risk is a measure of the probability and consequences of not reaching a defined project goal.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Table 7.13
All activity times for the project are in weeks.
  
-Using Table 7.13, what is the expected time of completion of the project?

Accepted Answer

A)  fewer than 60 weeks 
B)  between 60 and 65 weeks 
C)  between 65 and 70 weeks 
D)  greater than 70 weeks 
A)  fewer than 60 weeks 
B)  between 60 and 65 weeks 
C)  between 65 and 70 weeks 
D)  greater than 70 weeks

Question 18

Table 7.8
  
-Using Table 7.8, what is the critical path for this project using the normal times?

Accepted Answer

A)  A-D-H 
B)  C-F 
C)  B-E-H 
D)  B-G-H 
A)  A-D-H 
B)  C-F 
C)  B-E-H 
D)  B-G-H

Question 19

A Gantt chart is a project schedule that superimposes project activities on a time line.

Accepted Answer

A) True 
 B)False

Question 20

Assume that activity G has the following times: Early start time = 7 days
Early finish time = 13 days
Late start time = 15 days
Late finish time = 21 days
Which of the following statements is True about activity G?

Accepted Answer

A)  Activity G takes 14 days to complete. 
B)  Activity G has a slack time of 8 days. 
C)  Activity G is on the critical path. 
D)  Activity G takes 2 days to complete. 
A)  Activity G takes 14 days to complete. 
B)  Activity G has a slack time of 8 days. 
C)  Activity G is on the critical path. 
D)  Activity G takes 2 days to complete.

Exam 7: Project Management

Figure to accompany Table 7.1 Table 7.1 -Refer to the Figure to accompany Table 7.1. Which one of the following is the critical path?

Table 7.4 -Using Table 7.4, what is the largest amount of slack that any activity in the project has?

You are given the following information about activity B: What will it cost to complete activity B in 6 weeks?

In a network diagram, an activity:

The project's objective statement should contain:

The project manager and team can step back and examine how the project work was accomplished during the ________ phase of the project.

________ determines the sequence for undertaking activities.

Table 7.14 You are responsible for managing a project with the following activities (times are given in weeks). -Using Table 7.14, what is the probability of completing the project in 29 or fewer weeks?

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

Figure to accompany Table 7.1 Table 7.1 -Using the information shown in Table 7.1, what is the project duration?

The normal cost is the amount of money it normally takes to complete an activity faster than its normal time.

The ________ is the shortest possible time to complete the activity.

Figure to accompany Table 7.1 Table 7.1 -Using the information shown in Table 7.1, what is the latest start time for activity E?

Table 7.3 -Using Table 7.3, if the project is due to be completed in 28 days, what is the probability that the project will be completed on or before the due date?

Risk is a measure of the probability and consequences of not reaching a defined project goal.

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

Table 7.13 All activity times for the project are in weeks. -Using Table 7.13, what is the expected time of completion of the project?

Table 7.8 -Using Table 7.8, what is the critical path for this project using the normal times?

A Gantt chart is a project schedule that superimposes project activities on a time line.

Assume that activity G has the following times: Early start time = 7 days Early finish time = 13 days Late start time = 15 days Late finish time = 21 days Which of the following statements is True about activity G?

Using Operations to Create Value

Process Strategy and Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Forecasting

Inventory Management

Operations Planning and Scheduling

Resource Planning

Supply Chain Design

Supply Chain Logistic Networks

Supply Chain Integration

Supply Chain Sustainability

Supplement A Decision Making

Supplement J Operations Scheduling

Supplement K Layout

Supplement B Waiting Lines

Supplement C Special Inventory Models

Supplement D Linear Programming

Supplement E Simulation

Supplement F Financial Analysis

Supplement G Acceptance Sampling Plans

Supplement H Measuring Output Rates

Supplement I Learning Curve Analysis

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