Exam 6: The Work Breakdown Structure and Project Estimation

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The final step in determining the cost of an activity is:

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Project network diagrams provide valuable information about the logical sequence and dependencies among the various activities and tasks so that a completion date or deadline can be determined.

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Assume the following activities for a project along with their estimated durations and predecessors.Describe how critical path analysis would be applied to this project, and calculate the critical path.Define the concepts: slack/float, expedite/crash, and fast tracking and explain what their implications are for this project? Assume the following activities for a project along with their estimated durations and predecessors.Describe how critical path analysis would be applied to this project, and calculate the critical path.Define the concepts: slack/float, expedite/crash, and fast tracking and explain what their implications are for this project?

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Once the project schedule and budget are accepted by the client or sponsor, the project plan becomes the baseline plan that will be used as a benchmark to track the project's actual progress.

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The critical path is the longest path in the project network and also is the shortest time in which the project can be completed.

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_____ is considered the most useful and widely used project management tool.

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What are the benefits and disadvantages of using Gantt charts as a project management tool?

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To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand:

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Why should assumptions used in estimating be documented?

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Waiting to leave your shift until another person shows up is an example of:

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Under the Precedence Diagramming Method, the situation which occurs when task A cannot end until task B starts is called:

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In what ways are project network diagrams similar to Gantt charts and what additional strengths do they have?

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_____ can help manage the Critical Path by providing information about which activities can be delayed without affecting the deadline target date.

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Many organizations have a kick-off meeting because

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The technique used to find the sequence of tasks with zero slack (or float) is most closely associated with:

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What is the critical chain? How is it different from the concept of a critical path?

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When does the project manager or team have the authority to begin executing the project plan?

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Based upon the following diagram and activity durations, the Critical Path is: Based upon the following diagram and activity durations, the Critical Path is:    Based upon the following diagram and activity durations, the Critical Path is:

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_____ provide valuable information about the logical sequence and dependencies among the various activities and tasks:

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Predecessor activities are activities that must be completed before another activity can be started.

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