Exam 3: Project Management

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The waterfall approach is used most often for:

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Identify each of the purposes of project scheduling.

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A project whose critical path has an estimated time of 820 days with a variance of 225 has a 20% chance that the project will be completed before which day (rounded to nearest day)?

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Two activities on different critical paths that share no common nodes are candidates for crashing on a CPM network. Activity details are in the table below. To cut one day from the project's duration, the manager should crash activity(ies) ________, adding ________ to project cost. Two activities on different critical paths that share no common nodes are candidates for crashing on a CPM network. Activity details are in the table below. To cut one day from the project's duration, the manager should crash activity(ies) ________, adding ________ to project cost.

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Contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion. Analysis of the activity network reveals an estimated project time of 145 working days with a project variance of 400. What is the probability that the project will be completed before the late-payment deadline?

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The ES of an activity that has only one predecessor is simply the EF of that predecessor.

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What are the earliest activity start time and latest activity start time, and how are they computed?

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Which of the following statements regarding Bechtel is NOT true?

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The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates.

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The network below represents a project being analyzed by the critical path method. Activity durations are A = 5, B = 2, C = 12, D = 3, E = 5, F = 1, G = 7, H = 2, I = 10, and J = 6. The network below represents a project being analyzed by the critical path method. Activity durations are A = 5, B = 2, C = 12, D = 3, E = 5, F = 1, G = 7, H = 2, I = 10, and J = 6.    (a) What task must be on the critical path, regardless of activity durations? (b) What is the duration of path A-B-E-H-J? (c) What is the critical path of this network? (d) What is the length of the critical path? (e) What is slack time at activity H? (f) What is the Late Finish of activity H? (g) If activity C was delayed by six time units, what would happen to the project duration? (a) What task must be on the critical path, regardless of activity durations? (b) What is the duration of path A-B-E-H-J? (c) What is the critical path of this network? (d) What is the length of the critical path? (e) What is slack time at activity H? (f) What is the Late Finish of activity H? (g) If activity C was delayed by six time units, what would happen to the project duration?

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A network consists of the activities in the following list. Times are given in weeks. A network consists of the activities in the following list. Times are given in weeks.    (a) Draw the network diagram. (b) Calculate the ES, EF, LS, LF, and Slack for each activity. (c) What is project completion time? (a) Draw the network diagram. (b) Calculate the ES, EF, LS, LF, and Slack for each activity. (c) What is project completion time?

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Identify the responsibilities of project managers.

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

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A network has been crashed to the point where all activities are critical. Additional crashing:

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The bell curve is often appropriate for determining the expected value and variance for activity completion times.

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Activity D on a CPM network has predecessors B and C, and has successor F. D has duration 6. B's earliest finish is 18, while C's is 20. F's late start is 26. Which of the following is definitely TRUE?

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A project organization works best for an organization when the project resides in only one of its functional areas.

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Two activities on the same critical path are candidates for crashing on a CPM network. Activity details are in the table below. To cut one day from the project's duration, activity ________ should be crashed first, adding ________ to project cost. Two activities on the same critical path are candidates for crashing on a CPM network. Activity details are in the table below. To cut one day from the project's duration, activity ________ should be crashed first, adding ________ to project cost.

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A PERT project has 45 activities, 19 of which are on the critical path. The estimated time for the critical path is 120 days. The sum of all activity variances is 64, while the sum of variances along the critical path is 36. What is the probability that the project can be completed between days 114 and 120?

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Which of the following statements regarding CPM networks is TRUE?

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