Question 1

If an activity whose normal duration is 15 days can be shortened to 11 days for an added cost of $2,000, what is the crash cost per period?

Accepted Answer

A)  $400 
B)  $2,000 
C)  $500 
D)  $20,000 
E)  $30,000 
A)  $400 
B)  $2,000 
C)  $500 
D)  $20,000 
E)  $30,000

Question 2

The control of projects involves close monitoring of which of the following?

Accepted Answer

A)  resources 
B)  costs 
C)  quality 
D)  budgets 
E)  all of the these 
A)  resources 
B)  costs 
C)  quality 
D)  budgets 
E)  all of the these

Question 3

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4, E=3, F=6.

Accepted Answer

A)  The critical path is D-E-F, duration 12. 
B)  The critical path is D-F, duration 10. 
C)  Slack at D is 0 periods. 
D)  Slack at E is 3 periods. 
E)  Both A and C are true. 
A)  The critical path is D-E-F, duration 12. 
B)  The critical path is D-F, duration 10. 
C)  Slack at D is 0 periods. 
D)  Slack at E is 3 periods. 
E)  Both A and C are true.

Question 4

The ________ is the computed longest time path(s) through a network.

Accepted Answer

The answer of The ________ is the computed longest time...

Question 5

A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path. If the estimated time along the critical path is 105 days with a project variance of 25, what is the probability that the project will be completed in 95 days or more?

Accepted Answer

A)  -0.40000 
B)  0.02275 
C)  0.34444 
D)  0.97725 
E)  4.20000 
A)  -0.40000 
B)  0.02275 
C)  0.34444 
D)  0.97725 
E)  4.20000

Question 6

The project organization works best when which of the following conditions are satisfied? I. Work tasks can be defined with a specific goal and deadline.
II. The job is typical and familiar to the existing organization.
III. The work contains interrelated tasks requiring specialized skills.
IV. The project is temporary but unimportant to long-term organizational success.
V. The project cuts across organizational lines.

Accepted Answer

A)  I, II, III, IV, V 
B)  None of these conditions need to be satisfied. 
C)  I, III, V 
D)  I, II, III, V 
E)  I, III, IV, V 
A)  I, II, III, IV, V 
B)  None of these conditions need to be satisfied. 
C)  I, III, V 
D)  I, II, III, V 
E)  I, III, IV, V

Question 7

Agile project management is a type of work breakdown structure (WBS).

Accepted Answer

A) True 
 B)False

Question 8

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a .80 probability that the project will be completed before approximately day:

Accepted Answer

A)  98 
B)  108 
C)  109 
D)  115 
E)  118 
A)  98 
B)  108 
C)  109 
D)  115 
E)  118

Question 9

________ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced.

Accepted Answer

The answer of ________ is decreasing activity time in a...

Question 10

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

Accepted Answer

A)  A-D-E; 11 
B)  B-E; 7 
C)  B-D-E; 13 
D)  A-C-E; 6 
E)  B-C-E; 8 
A)  A-D-E; 11 
B)  B-E; 7 
C)  B-D-E; 13 
D)  A-C-E; 6 
E)  B-C-E; 8

Question 11

Project managers often use the waterfall approach when managing agile projects.

Accepted Answer

A) True 
 B)False

If an activity whose normal duration is 15 days can be shortened to 11 days for an added cost of $2,000, what is the crash cost per period?

The control of projects involves close monitoring of which of the following?

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4, E=3, F=6.

The ________ is the computed longest time path(s) through a network.

A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path. If the estimated time along the critical path is 105 days with a project variance of 25, what is the probability that the project will be completed in 95 days or more?

Agile project management is a type of work breakdown structure (WBS).

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a .80 probability that the project will be completed before approximately day:

________ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced.

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

Project managers often use the waterfall approach when managing agile projects.

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

Exam 3: Project Management

If an activity whose normal duration is 15 days can be shortened to 11 days for an added cost of $2,000, what is the crash cost per period?

The control of projects involves close monitoring of which of the following?

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4, E=3, F=6.

The ________ is the computed longest time path(s) through a network.

A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path. If the estimated time along the critical path is 105 days with a project variance of 25, what is the probability that the project will be completed in 95 days or more?

Agile project management is a type of work breakdown structure (WBS).

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a .80 probability that the project will be completed before approximately day:

________ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced.

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

Project managers often use the waterfall approach when managing agile projects.

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 .