Question 1

Although PERT and CPM were originally developed independently, they are now nearly identical in terms of analysis and procedures.

Accepted Answer

A) True 
 B)False

Question 2

A project is represented by the following diagram:   The critical path for the network shown is:

Accepted Answer

A) a-c-g. 
B) a-d-f-g. 
C) a-d-h-i. 
D) b-e-f-g. 
E) b-e-h-i. 
A) a-c-g. 
B) a-d-f-g. 
C) a-d-h-i. 
D) b-e-f-g. 
E) b-e-h-i.

Question 3

Which of the following is not a limitation of PERT and similar project-scheduling techniques?

Accepted Answer

A) They force the manager to organize and quantify information. 
B) One or more important activities may be omitted from the network. 
C) Precedence relationships may not all be correct as shown. 
D) Time estimates may contain a "fudge factor." 
E) The use of a computer is essential for large projects. 
A) They force the manager to organize and quantify information. 
B) One or more important activities may be omitted from the network. 
C) Precedence relationships may not all be correct as shown. 
D) Time estimates may contain a "fudge factor." 
E) The use of a computer is essential for large projects.

Question 4

A popular visual tool for planning and scheduling simple projects, and for monitoring progress, is the

Accepted Answer

A) activity-on-arrows network. 
B) activity-on-nodes network. 
C) Gantt chart. 
D) critical path method. 
E) program evaluation and review technique. 
A) activity-on-arrows network. 
B) activity-on-nodes network. 
C) Gantt chart. 
D) critical path method. 
E) program evaluation and review technique.

Question 5

A PERT/CPM activity has an optimistic time estimate of three days, a most likely time estimate of eight days, and a pessimistic time estimate of 10 days. The expected time (in days)of this activity is

Accepted Answer

A) 7.0. 
B) 7.5. 
C) 8.0. 
D) 8.5. 
E) 10.0. 
A) 7.0. 
B) 7.5. 
C) 8.0. 
D) 8.5. 
E) 10.0.

Question 6

Activities not on the critical path have a slack time equal to zero.

Accepted Answer

A) True 
 B)False

Question 7

Activity J has a duration of 7 and an earliest finish time of 21. If J's latest start time is 16, this must mean that J's slack is

Accepted Answer

A) 7. 
B) 4. 
C) 3. 
D) 2. 
E) 1. 
A) 7. 
B) 4. 
C) 3. 
D) 2. 
E) 1.

Question 8

The probability of occurrence of risk events is lower near the beginning of a project and higher near the end of the project since very few activities remain.

Accepted Answer

A) True 
 B)False

Question 9

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for project completion?

Accepted Answer

A) 135 days 
B) 145 days 
C) 170 days 
D) 180 days 
E) 255 days 
A) 135 days 
B) 145 days 
C) 170 days 
D) 180 days 
E) 255 days

Question 10

One way that project management differs from management of more traditional activities is because of the limited time framework of projects.

Accepted Answer

A) True 
 B)False

Question 11

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for activity E?

Accepted Answer

A) 35 days 
B) 36 days 
C) 39 days 
D) 40 days 
E) 45 days 
A) 35 days 
B) 36 days 
C) 39 days 
D) 40 days 
E) 45 days

Question 12

Consider the following work breakdown structure:
 
What is the estimated slack time for activity D?

Accepted Answer

A) 0 day 
B) 30 days 
C) 40 days 
D) 50 days 
E) 100 days 
A) 0 day 
B) 30 days 
C) 40 days 
D) 50 days 
E) 100 days

Question 13

In the probabilistic approach to project network analysis, the time estimate annotated tm for any activity is the

Accepted Answer

A) mean time. 
B) median time. 
C) most likely time. 
D) mode time. 
E) marginal time. 
A) mean time. 
B) median time. 
C) most likely time. 
D) mode time. 
E) marginal time.

Question 14

Which of the following is determined as a direct result of computing the earliest starting and finishing times for the activities of a project network?

Accepted Answer

A) expected project duration 
B) activity slack time 
C) which activities are on the critical path 
D) variance in project duration 
E) maximum project duration 
A) expected project duration 
B) activity slack time 
C) which activities are on the critical path 
D) variance in project duration 
E) maximum project duration

Question 15

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for project completion?

Accepted Answer

A) 41 days 
B) 70 days 
C) 100 days 
D) 120 days 
E) 221 days 
A) 41 days 
B) 70 days 
C) 100 days 
D) 120 days 
E) 221 days

Question 16

Slack time is equal to LS-ES or LF-EF.

Accepted Answer

A) True 
 B)False

Question 17

Most likely time generally is at least as long as optimistic time.

Accepted Answer

A) True 
 B)False

Question 18

In a project network, the critical path is the sequence of activities which has the

Accepted Answer

A) most activities. 
B) most nodes. 
C) most events. 
D) longest duration. 
E) greatest variance. 
A) most activities. 
B) most nodes. 
C) most events. 
D) longest duration. 
E) greatest variance.

Question 19

A method used for establishing a logical framework for identifying the required activities for the project is called

Accepted Answer

A) work breakdown structure. 
B) PERT. 
C) planning matrix. 
D) crashing. 
E) critical path analysis. 
A) work breakdown structure. 
B) PERT. 
C) planning matrix. 
D) crashing. 
E) critical path analysis.

Question 20

Project management software eliminates constraint violations when there are shared resources.

Accepted Answer

A) True 
 B)False

Although PERT and CPM were originally developed independently, they are now nearly identical in terms of analysis and procedures.

A project is represented by the following diagram: The critical path for the network shown is:

Which of the following is not a limitation of PERT and similar project-scheduling techniques?

A popular visual tool for planning and scheduling simple projects, and for monitoring progress, is the

A PERT/CPM activity has an optimistic time estimate of three days, a most likely time estimate of eight days, and a pessimistic time estimate of 10 days. The expected time (in days)of this activity is

Activities not on the critical path have a slack time equal to zero.

Activity J has a duration of 7 and an earliest finish time of 21. If J's latest start time is 16, this must mean that J's slack is

The probability of occurrence of risk events is lower near the beginning of a project and higher near the end of the project since very few activities remain.

Consider the following work breakdown structure: What is the estimated expected (mean)time for project completion?

One way that project management differs from management of more traditional activities is because of the limited time framework of projects.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity E?

Consider the following work breakdown structure: What is the estimated slack time for activity D?

In the probabilistic approach to project network analysis, the time estimate annotated t_m for any activity is the

Which of the following is determined as a direct result of computing the earliest starting and finishing times for the activities of a project network?

Consider the following work breakdown structure: What is the estimated expected (mean)time for project completion?

Slack time is equal to LS-ES or LF-EF.

Most likely time generally is at least as long as optimistic time.

In a project network, the critical path is the sequence of activities which has the

A method used for establishing a logical framework for identifying the required activities for the project is called

Project management software eliminates constraint violations when there are shared resources.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Management of Waiting Lines

Linear Programming

Filters

Exam 17: Project Management

Although PERT and CPM were originally developed independently, they are now nearly identical in terms of analysis and procedures.

A project is represented by the following diagram: The critical path for the network shown is:

Which of the following is not a limitation of PERT and similar project-scheduling techniques?

A popular visual tool for planning and scheduling simple projects, and for monitoring progress, is the

A PERT/CPM activity has an optimistic time estimate of three days, a most likely time estimate of eight days, and a pessimistic time estimate of 10 days. The expected time (in days)of this activity is

Activities not on the critical path have a slack time equal to zero.

Activity J has a duration of 7 and an earliest finish time of 21. If J's latest start time is 16, this must mean that J's slack is

The probability of occurrence of risk events is lower near the beginning of a project and higher near the end of the project since very few activities remain.

Consider the following work breakdown structure: What is the estimated expected (mean)time for project completion?

One way that project management differs from management of more traditional activities is because of the limited time framework of projects.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity E?

Consider the following work breakdown structure: What is the estimated slack time for activity D?

In the probabilistic approach to project network analysis, the time estimate annotated tm for any activity is the

Which of the following is determined as a direct result of computing the earliest starting and finishing times for the activities of a project network?

Consider the following work breakdown structure: What is the estimated expected (mean)time for project completion?

Slack time is equal to LS-ES or LF-EF.

Most likely time generally is at least as long as optimistic time.

In a project network, the critical path is the sequence of activities which has the

A method used for establishing a logical framework for identifying the required activities for the project is called

Project management software eliminates constraint violations when there are shared resources.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Management of Waiting Lines

Linear Programming

Filters

In the probabilistic approach to project network analysis, the time estimate annotated t_m for any activity is the