Question 1

A project is represented by the following diagram:   The expected duration of this project is:

Accepted Answer

A) 13. 
B) 15. 
C) 20. 
D) 52. 
E) 81. 
A) 13. 
B) 15. 
C) 20. 
D) 52. 
E) 81.

Question 2

All of the following are advantages to using a project management software package, except that

Accepted Answer

A) it imposes a methodology and a common project management terminology. 
B) it provides a logical planning structure. 
C) it can enhance communication among team members. 
D) it enables what-if scenarios. 
E) it can fix the occurrence of constraint violations. 
A) it imposes a methodology and a common project management terminology. 
B) it provides a logical planning structure. 
C) it can enhance communication among team members. 
D) it enables what-if scenarios. 
E) it can fix the occurrence of constraint violations.

Question 3

The task of identifying risks should involve everyone associated with the project.

Accepted Answer

A) True 
 B)False

Question 4

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with that occurrence):
 
Given these, Event _____ should probably get the most attention and Event _____ should probably get the least.

Accepted Answer

A) II; IV 
B) III; IV 
C) I; III 
D) I; II 
E) II; III 
A) II; IV 
B) III; IV 
C) I; III 
D) I; II 
E) II; III

Question 5

Consider the following work breakdown structure:
 
What is the probability that the critical path for this project will be completed within 210 days?

Accepted Answer

A) .5000 
B) .8413 
C) .9544 
D) .9772 
E) .9987 
A) .5000 
B) .8413 
C) .9544 
D) .9772 
E) .9987

Question 6

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

Accepted Answer

A) 35 weeks 
B) 39 weeks 
C) 50 weeks 
D) 104 weeks 
E) 105 weeks 
A) 35 weeks 
B) 39 weeks 
C) 50 weeks 
D) 104 weeks 
E) 105 weeks

Question 7

Consider the following work breakdown structure:
 
What is the estimated standard deviation in the time for activity E?

Accepted Answer

A) 2 days 
B) 3 days 
C) 4 days 
D) 16 days 
E) 24 days 
A) 2 days 
B) 3 days 
C) 4 days 
D) 16 days 
E) 24 days

Question 8

Which of the following would probably not involve the use of PERT?

Accepted Answer

A) planning and constructing a new city hall 
B) developing an advertising campaign for a new product 
C) designing and constructing a subway system 
D) writing a poem 
E) preparing for the visit of a foreign dignitary 
A) planning and constructing a new city hall 
B) developing an advertising campaign for a new product 
C) designing and constructing a subway system 
D) writing a poem 
E) preparing for the visit of a foreign dignitary

Question 9

Project risk events tend to be unlikely __________ a project, but that's also when they tend to be the __________.

Accepted Answer

A) early in; most costly 
B) late in; least costly 
C) late in; most costly 
D) before the beginning of; most complex 
E) at the conclusion of; least complex 
A) early in; most costly 
B) late in; least costly 
C) late in; most costly 
D) before the beginning of; most complex 
E) at the conclusion of; least complex

Question 10

The earliest finish time for an activity is equal to the latest finish time minus the activity time.

Accepted Answer

A) True 
 B)False

Question 11

Good project management is very important with virtual teams.

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) 100 days 
B) 140 days 
C) 199 days 
D) 200 days 
E) 440 days 
A) 100 days 
B) 140 days 
C) 199 days 
D) 200 days 
E) 440 days

Question 13

The probability that the project will go beyond the desired time is equal to one minus the joint probability that all paths will be completed within the desired time.

Accepted Answer

A) True 
 B)False

Question 14

If an activity is determined to be on the critical path, that means that unlike activities that are not on the critical path, it will affect project

Accepted Answer

A) direct costs. 
B) performance. 
C) quality. 
D) conflict. 
E) duration. 
A) direct costs. 
B) performance. 
C) quality. 
D) conflict. 
E) duration.

Question 15

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

Accepted Answer

A) 0 days 
B) 20 days 
C) 40 days 
D) 60 days 
E) 100 days 
A) 0 days 
B) 20 days 
C) 40 days 
D) 60 days 
E) 100 days

Question 16

Which decision in project management has typical factors that include budget, availability of appropriate knowledge, and cost-benefit considerations?

Accepted Answer

A) deciding which projects to implement 
B) selecting the project manager 
C) selecting the project team 
D) planning and designing the project 
E) managing and controlling project resources 
A) deciding which projects to implement 
B) selecting the project manager 
C) selecting the project team 
D) planning and designing the project 
E) managing and controlling project resources

Question 17

A hierarchical listing of what must be done during a project is called matrix.

Accepted Answer

A) True 
 B)False

Question 18

A Gantt chart is apopular visual tool for displaying the established precedence relationships.

Accepted Answer

A) True 
 B)False

Question 19

In "crashing" a project, a manager will generally focus on activities which

Accepted Answer

A) are not on the critical path. 
B) are the least costly to crash. 
C) are costly to crash and are on the critical path. 
D) are on the critical path and are the least costly to crash. 
E) are the easiest to crash. 
A) are not on the critical path. 
B) are the least costly to crash. 
C) are costly to crash and are on the critical path. 
D) are on the critical path and are the least costly to crash. 
E) are the easiest to crash.

Question 20

A node has one entering activity, a, and two leaving activities, b and c. Given the following information, determine the latest starting time for activity a: EFb = 15, EFc = 17, LFb = 24, LFc = 27; activity times are a = 4, b = 6, c = 8.

Accepted Answer

A) 14 
B) 15 
C) 16 
D) 17 
E) 18 
A) 14 
B) 15 
C) 16 
D) 17 
E) 18

A project is represented by the following diagram: The expected duration of this project is:

All of the following are advantages to using a project management software package, except that

The task of identifying risks should involve everyone associated with the project.

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with that occurrence): Given these, Event _ should probably get the most attention and Event _ should probably get the least.

Consider the following work breakdown structure: What is the probability that the critical path for this project will be completed within 210 days?

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

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Which of the following would probably not involve the use of PERT?

Project risk events tend to be unlikely a project, but that's also when they tend to be the .

The earliest finish time for an activity is equal to the latest finish time minus the activity time.

Good project management is very important with virtual teams.

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

The probability that the project will go beyond the desired time is equal to one minus the joint probability that all paths will be completed within the desired time.

If an activity is determined to be on the critical path, that means that unlike activities that are not on the critical path, it will affect project

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

Which decision in project management has typical factors that include budget, availability of appropriate knowledge, and cost-benefit considerations?

A hierarchical listing of what must be done during a project is called matrix.

A Gantt chart is apopular visual tool for displaying the established precedence relationships.

In "crashing" a project, a manager will generally focus on activities which

A node has one entering activity, a, and two leaving activities, b and c. Given the following information, determine the latest starting time for activity a: EFb = 15, EFc = 17, LFb = 24, LFc = 27; activity times are a = 4, b = 6, c = 8.

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

A project is represented by the following diagram: The expected duration of this project is:

All of the following are advantages to using a project management software package, except that

The task of identifying risks should involve everyone associated with the project.

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with that occurrence): Given these, Event _____ should probably get the most attention and Event _____ should probably get the least.

Consider the following work breakdown structure: What is the probability that the critical path for this project will be completed within 210 days?

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

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Which of the following would probably not involve the use of PERT?

Project risk events tend to be unlikely __________ a project, but that's also when they tend to be the __________.

The earliest finish time for an activity is equal to the latest finish time minus the activity time.

Good project management is very important with virtual teams.

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

The probability that the project will go beyond the desired time is equal to one minus the joint probability that all paths will be completed within the desired time.

If an activity is determined to be on the critical path, that means that unlike activities that are not on the critical path, it will affect project

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

Which decision in project management has typical factors that include budget, availability of appropriate knowledge, and cost-benefit considerations?

A hierarchical listing of what must be done during a project is called matrix.

A Gantt chart is apopular visual tool for displaying the established precedence relationships.

In "crashing" a project, a manager will generally focus on activities which

A node has one entering activity, a, and two leaving activities, b and c. Given the following information, determine the latest starting time for activity a: EFb = 15, EFc = 17, LFb = 24, LFc = 27; activity times are a = 4, b = 6, c = 8.

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

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with that occurrence): Given these, Event _ should probably get the most attention and Event _ should probably get the least.

Project risk events tend to be unlikely a project, but that's also when they tend to be the .