Question 1

The phases of project management are:

Accepted Answer

A)  planning, scheduling, and controlling. 
B)  planning, programming, and budgeting. 
C)  planning, organizing, staffing, leading, and controlling. 
D)  different for manufacturing projects than for service projects. 
E)  GANTT, CPM, and PERT. 
A)  planning, scheduling, and controlling. 
B)  planning, programming, and budgeting. 
C)  planning, organizing, staffing, leading, and controlling. 
D)  different for manufacturing projects than for service projects. 
E)  GANTT, CPM, and PERT.

Question 2

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

Accepted Answer

A)  Normal 
B)  Beta 
C)  Alpha 
D)  Gaussian 
E)  Binomial 
A)  Normal 
B)  Beta 
C)  Alpha 
D)  Gaussian 
E)  Binomial

Question 3

Ill-defined projects are typified by software development and new technology.

Accepted Answer

A) True 
 B)False

Question 4

The critical path for the network activities shown below is ________ with duration ________.

Accepted Answer

A)  A-C-E; 20 
B)  A-D-E; 18 
C)  B-E; 14 
D)  A-B-D-E; 26 
E)  none of the above 
A)  A-C-E; 20 
B)  A-D-E; 18 
C)  B-E; 14 
D)  A-B-D-E; 26 
E)  none of the above

Question 5

Variation in activities that are not on the critical path cannot affect the overall project completion time.

Accepted Answer

A) True 
 B)False

Question 6

A(n) ________ divides a project into more and more detailed components.

Accepted Answer

work break

Question 7

The PERT pessimistic time estimate is an estimate of the minimum time an activity will require.

Accepted Answer

A) True 
 B)False

Question 8

What is a project organization?

Accepted Answer

A project organization is an o

Question 9

PERT calculations typically include the duration variance of each activity. What is the purpose of this calculation, i.e. what's the role of variances in PERT analysis?

Accepted Answer

The activity variances influence the pro

Question 10

What are the three phases of a project? Describe each in a sentence or two.

Accepted Answer

The three phases are planning, schedulin

Question 11

One responsibility of a project manager is to make sure that the project meets its quality goals.

Accepted Answer

A) True 
 B)False

Question 12

An activity on a PERT network has these time estimates: optimistic = 1, most likely = 2, and pessimistic = 5. What is its expected activity time?

Accepted Answer

A)  2.00 
B)  2.33 
C)  2.67 
D)  4.67 
E)  14.00 
A)  2.00 
B)  2.33 
C)  2.67 
D)  4.67 
E)  14.00

Question 13

An activity on a PERT network has these time estimates: optimistic = 2, most likely = 3, and pessimistic = 10. What is its expected activity time and variance?

Accepted Answer

A)  4; 1.78 
B)  4; 10.67 
C)  5; 1.78 
D)  5; 10.67 
E)  none of these 
A)  4; 1.78 
B)  4; 10.67 
C)  5; 1.78 
D)  5; 10.67 
E)  none of these

Question 14

The main difference between PERT and CPM is that:

Accepted Answer

A)  PERT is more accurate than CPM. 
B)  PERT assumes that activity durations are known. 
C)  PERT ignores activity costs. 
D)  CPM assumes activity durations can vary. 
E)  PERT employs three time estimates for each activity. 
A)  PERT is more accurate than CPM. 
B)  PERT assumes that activity durations are known. 
C)  PERT ignores activity costs. 
D)  CPM assumes activity durations can vary. 
E)  PERT employs three time estimates for each activity.

Question 15

What is the basic difference between PERT and CPM?

Accepted Answer

The basic difference between P

Question 16

A partially solved PERT problem is detailed in the table below. Times are given in weeks.
   (a) Calculate the expected time and variance for each activity. Enter these values in the appropriate columns in the table above.
(b) Which activities form the critical path?
(c) What is the estimated time of the critical path?
(d) What are the project variance and the project standard deviation?
(e) What is the probability of completion of the project before week 42?

Accepted Answer

(a)
 @#IMG-DLM& (b) A-D-H-I-J-

Question 17

WBS stands for which of the following project management tools?

Accepted Answer

A)  work break schedule 
B)  work breakdown status 
C)  work breakdown schedule 
D)  work breakdown structure 
E)  work break status 
A)  work break schedule 
B)  work breakdown status 
C)  work breakdown schedule 
D)  work breakdown structure 
E)  work break status

Question 18

Which of the following statements regarding Gantt charts is TRUE?

Accepted Answer

A)  Gantt charts give a timeline and precedence relationships for each activity of a project. 
B)  Gantt charts use the four standard spines of Methods, Materials, Manpower, and Machinery. 
C)  Gantt charts are visual devices that show the duration of activities in a project. 
D)  Gantt charts are expensive. 
E)  All of these are true. 
A)  Gantt charts give a timeline and precedence relationships for each activity of a project. 
B)  Gantt charts use the four standard spines of Methods, Materials, Manpower, and Machinery. 
C)  Gantt charts are visual devices that show the duration of activities in a project. 
D)  Gantt charts are expensive. 
E)  All of these are true.

Question 19

In PERT analysis, the identification of the critical path can be incorrect if a noncritical activity takes substantially more than its expected time.

Accepted Answer

A) True 
 B)False

Question 20

Explain why the critical path is the longest, not the shortest, path through a network.

Accepted Answer

The critical path is that set of activit

Exam 3: Project Management

The phases of project management are:

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

Ill-defined projects are typified by software development and new technology.

The critical path for the network activities shown below is ________ with duration ________.

Variation in activities that are not on the critical path cannot affect the overall project completion time.

A(n) ________ divides a project into more and more detailed components.

The PERT pessimistic time estimate is an estimate of the minimum time an activity will require.

What is a project organization?

PERT calculations typically include the duration variance of each activity. What is the purpose of this calculation, i.e. what's the role of variances in PERT analysis?

What are the three phases of a project? Describe each in a sentence or two.

One responsibility of a project manager is to make sure that the project meets its quality goals.

An activity on a PERT network has these time estimates: optimistic = 1, most likely = 2, and pessimistic = 5. What is its expected activity time?

An activity on a PERT network has these time estimates: optimistic = 2, most likely = 3, and pessimistic = 10. What is its expected activity time and variance?

The main difference between PERT and CPM is that:

What is the basic difference between PERT and CPM?

WBS stands for which of the following project management tools?

Which of the following statements regarding Gantt charts is TRUE?

In PERT analysis, the identification of the critical path can be incorrect if a noncritical activity takes substantially more than its expected time.

Explain why the critical path is the longest, not the shortest, path through a network.

Operations and Productivity

Operations Strategy in a Global Environment

Forecasting

Design of Goods and Services

Managing Quality

Process Strategies

Location Strategies

Human Resources, Job Design, and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrp and Erp

Short-Term Scheduling

Lean Operations

Maintenance and Reliability

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Applying Analytics to Big Data in Operations Management

Filters

The critical path for the network activities shown below is with duration .