Question 1

If two consecutive activities on the same path each have two days of activity slack, this means that each of them can be delayed by two days without delaying the project.

Accepted Answer

A) True 
 B)False

Question 2

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

Accepted Answer

A) the mean and variance of every activity 
B) the mean and variance of activities on the critical path 
C) the standard deviation of activities on the critical path 
D) each activity's probability of completion 
E) the distribution of activity times 
A) the mean and variance of every activity 
B) the mean and variance of activities on the critical path 
C) the standard deviation of activities on the critical path 
D) each activity's probability of completion 
E) the distribution of activity times

Question 3

Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not true about the use of dummy activities in project networking?

Accepted Answer

A) They preserve the separate identities of activities. 
B) They clarify precedence relationships among activities. 
C) They have an activity time equal to zero. 
D) They have an activity time variance equal to zero. 
E) They are used in activities-on-nodes (AON)network diagrams. 
A) They preserve the separate identities of activities. 
B) They clarify precedence relationships among activities. 
C) They have an activity time equal to zero. 
D) They have an activity time variance equal to zero. 
E) They are used in activities-on-nodes (AON)network diagrams.

Question 5

Which of the following leads to simulation being a useful tool with uncertain activity times?

Accepted Answer

A) paths that are not independent 
B) networks with each activity on only one path 
C) activity times that cannot be crashed 
D) noncritical paths that have no variability 
E) critical paths with activities with deterministic time estimates 
A) paths that are not independent 
B) networks with each activity on only one path 
C) activity times that cannot be crashed 
D) noncritical paths that have no variability 
E) critical paths with activities with deterministic time estimates

Question 6

Which of the following are advantages of PERT and CPM?
(I)It is visual.(II)It is automatically updated.(III)Activities that need to be watched closely can be identified.

Accepted Answer

A) I and II 
B) II and III 
C) III only 
D) I and III 
E) I, II, and III 
A) I and II 
B) II and III 
C) III only 
D) I and III 
E) I, II, and III

Question 7

Which of the following is not an element of the project management triangle?

Accepted Answer

A) cost 
B) schedule 
C) resources 
D) quality 
E) performance objectives 
A) cost 
B) schedule 
C) resources 
D) quality 
E) performance objectives

Question 8

Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is

Accepted Answer

A) 0. 
B) 1. 
C) 4. 
D) 5. 
E) 9. 
A) 0. 
B) 1. 
C) 4. 
D) 5. 
E) 9.

Question 9

The basis for use of the beta distribution in PERT is

Accepted Answer

A) essentially theoretical. 
B) its features that make it attractive in practice. 
C) its symmetry. 
D) It is bimodal. 
E) It can easily be converted to a normal distribution. 
A) essentially theoretical. 
B) its features that make it attractive in practice. 
C) its symmetry. 
D) It is bimodal. 
E) It can easily be converted to a normal distribution.

Question 10

The higher the node number, the longer the activity will take.

Accepted Answer

A) True 
 B)False

Question 11

Consider the portion of a project depicted by this graph:   What is the earliest finish time for activity 10-11 (far right-hand side)if the earliest start time of 8-10 (upper left-hand side)is 12 and the earliest start time of 9-10 (lower left-hand side)is 13?

Accepted Answer

A) 22 
B) 23 
C) 24 
D) 25 
E) 26 
A) 22 
B) 23 
C) 24 
D) 25 
E) 26

Question 12

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to

Accepted Answer

A) 2. 
B) 4. 
C) 8. 
D) 16. 
E) 64. 
A) 2. 
B) 4. 
C) 8. 
D) 16. 
E) 64.

Question 13

Given this information about activity 3-4: ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associated with the activity is

Accepted Answer

A) 0. 
B) 1. 
C) 5. 
D) 6. 
E) 11. 
A) 0. 
B) 1. 
C) 5. 
D) 6. 
E) 11.

Question 14

Deterministic networks use three time estimates-shortest, most likely, and longest-for each activity in order to best determine the activity's estimated time.

Accepted Answer

A) True 
 B)False

Question 15

Consider the following work breakdown structure:
 
What is the probability that this project will be completed within 205 days?

Accepted Answer

A) .6826 
B) .8413 
C) .9544 
D) .9772 
E) .9987 
A) .6826 
B) .8413 
C) .9544 
D) .9772 
E) .9987

Question 16

The main function of dummy activities is to clarify relationships in network diagrams.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not characteristic of good risk management?

Accepted Answer

A) estimating the likelihood of chance events occurring 
B) planning to eliminate chance events 
C) identifying potential chance events 
D) formulating contingency plans for chance events 
E) analyzing the consequences of chance events 
A) estimating the likelihood of chance events occurring 
B) planning to eliminate chance events 
C) identifying potential chance events 
D) formulating contingency plans for chance events 
E) analyzing the consequences of chance events

Question 18

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

Accepted Answer

A) 12. 
B) 17. 
C) 20. 
D) 36. 
E) 77. 
A) 12. 
B) 17. 
C) 20. 
D) 36. 
E) 77.

Question 19

In which phase of the project life cycle is the work conducted?

Accepted Answer

A) initiating 
B) planning 
C) executing 
D) monitoring and controlling 
E) closing 
A) initiating 
B) planning 
C) executing 
D) monitoring and controlling 
E) closing

Question 20

The network diagram shows sequential relationships among major activities on a project.

Accepted Answer

A) True 
 B)False

If two consecutive activities on the same path each have two days of activity slack, this means that each of them can be delayed by two days without delaying the project.

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.

Which of the following is not true about the use of dummy activities in project networking?

Which of the following leads to simulation being a useful tool with uncertain activity times?

Which of the following are advantages of PERT and CPM? (I)It is visual.(II)It is automatically updated.(III)Activities that need to be watched closely can be identified.

Which of the following is not an element of the project management triangle?

Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is

The basis for use of the beta distribution in PERT is

The higher the node number, the longer the activity will take.

Consider the portion of a project depicted by this graph: What is the earliest finish time for activity 10-11 (far right-hand side)if the earliest start time of 8-10 (upper left-hand side)is 12 and the earliest start time of 9-10 (lower left-hand side)is 13?

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to

Given this information about activity 3-4: ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associated with the activity is

Deterministic networks use three time estimates-shortest, most likely, and longest-for each activity in order to best determine the activity's estimated time.

Consider the following work breakdown structure: What is the probability that this project will be completed within 205 days?

The main function of dummy activities is to clarify relationships in network diagrams.

Which of the following is not characteristic of good risk management?

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

In which phase of the project life cycle is the work conducted?

The network diagram shows sequential relationships among major activities on a project.

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

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Exam 17: Project Management

If two consecutive activities on the same path each have two days of activity slack, this means that each of them can be delayed by two days without delaying the project.

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.

Which of the following is not true about the use of dummy activities in project networking?

Which of the following leads to simulation being a useful tool with uncertain activity times?

Which of the following are advantages of PERT and CPM? (I)It is visual.(II)It is automatically updated.(III)Activities that need to be watched closely can be identified.

Which of the following is not an element of the project management triangle?

Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is

The basis for use of the beta distribution in PERT is

The higher the node number, the longer the activity will take.

Consider the portion of a project depicted by this graph: What is the earliest finish time for activity 10-11 (far right-hand side)if the earliest start time of 8-10 (upper left-hand side)is 12 and the earliest start time of 9-10 (lower left-hand side)is 13?

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to

Given this information about activity 3-4: ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associated with the activity is

Deterministic networks use three time estimates-shortest, most likely, and longest-for each activity in order to best determine the activity's estimated time.

Consider the following work breakdown structure: What is the probability that this project will be completed within 205 days?

The main function of dummy activities is to clarify relationships in network diagrams.

Which of the following is not characteristic of good risk management?

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

In which phase of the project life cycle is the work conducted?

The network diagram shows sequential relationships among major activities on a project.

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