Exam 3: Project Management

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Gantt charts give a timeline for each of a project's activities, but they do not adequately illustrate the interrelationships between the activities and the resources.

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Project managers have their own code of ethics, established by the Project Management Institute.

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The critical path can be determined by use of either the "forward pass" or the "backward pass."

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The PERT pessimistic time estimate is an estimate of the minimum time an activity will require.

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Define slack.

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Match the following steps in Microsoft's development of Windows 7 to their respective WBS level. Step Level Develop Windows 7 OS ? System Testing ? Compatible with Windows XP ? Develop GUI's ? Module Testing ?

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Identify the responsibilities of project managers.

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A network has been crashed to the point where all activities are critical. Additional crashing

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Ethical issues that may arise in projects large and small include

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A simple CPM network has three activities, A, B, and C. A is an immediate predecessor of B and of C. B is an immediate predecessor of C. The activity durations are A=4, B=3, C=8.

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Describe in words how to calculate a project's standard deviation. What assumption allows that calculation to be accurate?

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One responsibility of a project manager is to make sure that the project meets its quality goals.

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

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The Beta distribution is used in project management to

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A network consists of the following list. Times are given in weeks. Activity Preceding Optimistic Probable Pessimistic A -- 5 11 14 B - 3 3 9 -- 6 10 14 , 3 5 7 4 6 11 6 8 13 , 2 4 6 3 3 9 a. Draw the network diagram. b. Calculate the expected duration and variance of each activity. c. Calculate the expected duration and variance of the critical path. d. Calculate the probability that the project will be completed in less than 28 weeks.

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What are the three phases of a project? Describe each in a sentence or two.

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Which of the following statements regarding PERT analysis is true?

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The __________ distribution is appropriate for calculating expected activity times and activity variances in PERT networks.

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WBS stands for which of the following project management tools?

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An activity on a PERT network has these time estimates: optimistic = 1, most likely = 2, and pessimistic = 5. Its expected time is

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