Exam 12: Project Management

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Adding on unnecessary deliverables to a project is known as ________.

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The latest starting time for a task is equal to the latest finish time minus the task time.

(True/False)
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Following are the three time estimates for a task in a project: optimistic completion time = 2 weeks Most likely completion time = 4 weeks Pessimistic completion time = 7 weeks Compute the expected time for the task.

(Multiple Choice)
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A tool for prioritizing potential projects where an estimate is made of the difficulty of completing the project in a reasonable amount of time with available resources is known as ________.

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Specialists that are assigned full-time to a project that needs to be completed quickly are known as ________ team(s).

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A graph that conceptually shows how cumulative costs are incurred during a project over time is known as the ________.

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The shortest time for completing a project task is known as ________.

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________ is a term applied to the process of managing changes to the project charter and plan.

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The best estimate for the time required to complete a project task is known as ________.

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Task C is directly preceded by two tasks-task A and task B.Task A has an expected task completion time of five weeks and an ES time of week 6.Task B has an expected task completion time of seven weeks and an ES time of week 7.Task C has an expected task completion time of 10 weeks.The ES for activity C is week

(Multiple Choice)
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A sequence of activities that leads from the starting node to the finishing node is called a

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Scheduling production on a weekly basis is an example of a project.

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The act of determining which tasks precede and follow other tasks is known as ________.

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The phase of the project in which the rate of spending typically increases is the planning phase.

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Given the portion of the network diagram shown below,where numbers in boxes show the task times,what is the earliest finish time for task C,if the earliest start time for task A is 10,and the earliest start time for task B is 13? Given the portion of the network diagram shown below,where numbers in boxes show the task times,what is the earliest finish time for task C,if the earliest start time for task A is 10,and the earliest start time for task B is 13?

(Multiple Choice)
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Key phases in a project time line are often referred to as milestones.

(True/False)
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A tool for monitoring who is assigned to multiple projects is known as ________.

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The project charter is most likely to include the project goals,scope and deliverables.

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Reporting to see that the project plan is being followed is a key activity during which phase of a project?

(Multiple Choice)
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The project team stage of development when a mutually supportive,steady state is achieved is

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