Exam 5: Scheduling the Project

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The difference between EST and LFT is called slack.

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False

PERT was originally used for what type of project?

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C

A disadvantage of Gantt charts is that they are hard to draw.

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Which of the following is typically used as the best estimate of task duration?

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To manage a project successfully,the project manager need only pay close attention to tasks on the critical path.

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The difference between LST and LFT is called slack.

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A Term NOT used in the discussion of PERT/CPM analysis is

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When it was originally developed,PERT used certain (deterministic)methods to estimate activity duration.

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Another name for total slack is free slack.

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What is a merger and what problems do mergers create?

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The formula for the expected time of an activity in a network assumes that the optimistic,pessimistic,and most likely time estimates have a Beta distribution.

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Technical dependencies on a project plan are easiest to see on a:

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It is easiest to see lead and lag time in a project task on a PERT/CPM networks.

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The difference between the LST and EST is called slack.

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Standard Pert/CPM networks can be use to resolve probabilistic concerns

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The amount of time a noncritical task can be delayed without delaying the project is called?

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What is the standard deviation of a task with optimistic,most likely,and pessimistic times of 3,4,and 7 days respectively assuming the estimates were made at the 99% plus level?

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Critical path tasks always have zero slack.

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Milestones cannot be identified on a Gantt Chart.

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An identifiable state resulting from the completion of one or more activities is called?

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