Question 1

An event is a series of connected activities from the start to the finish of the project.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following project categories might lead to the other project categories?

Accepted Answer

A) Derivative projects 
B) Breakthrough projects 
C) Platform projects 
D) R&D projects 
E) None of the above 
A) Derivative projects 
B) Breakthrough projects 
C) Platform projects 
D) R&D projects 
E) None of the above

Question 3

The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain.

Accepted Answer

A) True 
 B)False

Question 4

Among the reasons for the growth in project operations we find:

Accepted Answer

A) People have more leisure time to follow and participate in projects 
B) More sophisticated technology has increased public awareness of project operations 
C) More customization for suppliers makes it important to meet their needs 
D) Both A and B 
A) People have more leisure time to follow and participate in projects 
B) More sophisticated technology has increased public awareness of project operations 
C) More customization for suppliers makes it important to meet their needs 
D) Both A and B

Question 5

Give an example of Activity Time Variability with Path Interdependencies.

Accepted Answer

Answers will vary.One possible answer is

Question 6

Favorable variances do not require corrective action or further investigation;only unfavorable variances in performance.

Accepted Answer

A) True 
 B)False

Question 7

Project charters should contain some level of information regarding which of the following elements:

Accepted Answer

A) Business case,goals,or scope 
B) Overview,general approach,schedules or milestones 
C) Work breakdown structure and path dependencies 
D) Both A and B 
E) None of the above 
A) Business case,goals,or scope 
B) Overview,general approach,schedules or milestones 
C) Work breakdown structure and path dependencies 
D) Both A and B 
E) None of the above

Question 8

Which of the following is NOT an example of a project?

Accepted Answer

A) Constructing highways,bridges,tunnels and dams 
B) Managing research and development (R&
D) activities such as the development of the atomic bomb 
C) Building a long tunnel 
D) Running political or advertising campaigns,war or fire-fighting operations 
E) Building MP3 players for massive distribution 
A) Constructing highways,bridges,tunnels and dams 
B) Managing research and development (R&
D) activities such as the development of the atomic bomb 
C) Building a long tunnel 
D) Running political or advertising campaigns,war or fire-fighting operations 
E) Building MP3 players for massive distribution

Question 9

The amount of _____ _____ needed to protect a particular path in a project is less than the sum of the _____ _____ required to protect the individual activities making up the path.

Accepted Answer

safety tim

Question 10

Describe the four qualities are sought after in a project manager.

Accepted Answer

Project managers must be credible in bot

Question 11

How are projects not like other typical or routine processes?

Accepted Answer

A project is more unique in nature than

Question 12

The optimistic time is the amount of time the project will take under the worst-case scenario.

Accepted Answer

A) True 
 B)False

Question 13

The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its:

Accepted Answer

A) Slack 
B) Float 
C) Flex 
D) Give 
E) Both A and B 
A) Slack 
B) Float 
C) Flex 
D) Give 
E) Both A and B

Question 14

Projects should be evaluated against standards and by methods established at their completion,including procedures for monitoring,collecting,storing,and evaluating the history of the project.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following project categories typically seeks the development of a new generation of outputs?

Accepted Answer

A) Derivative projects 
B) Breakthrough projects 
C) Platform projects 
D) R&D projects 
E) Construction Projects 
A) Derivative projects 
B) Breakthrough projects 
C) Platform projects 
D) R&D projects 
E) Construction Projects

Question 16

Briefly describe the importance of a Project charter.

Accepted Answer

A project charter describes the purpose

Question 17

Many projects require different emphases during their life cycle.For example,technical performance may be crucial at the beginning,cost overruns in the middle,and on-time completion at the end.Given the project of running a political campaign,what would be there top three emphases starting from the beginning to end?

Accepted Answer

Answers will vary.One possible answer is

Question 18

Why is a project portfolio a better approach to a project than the ROI approach?

Accepted Answer

Because a project portfolio is more dive

Question 19

Using CPM,when activity times are not known with certainty,we still can determine how long it will actually take to complete the project.

Accepted Answer

A) True 
 B)False

Question 20

When workers receive approval for a task based on inflated time estimate,they may perceive that they now have plenty of time to complete the task and therefore delay starting the task.What has this concept been called?

Accepted Answer

A) Senioritis 
B) Inflation syndrome 
C) Time-shift 
D) Goldratt delay 
E) Student syndrome 
A) Senioritis 
B) Inflation syndrome 
C) Time-shift 
D) Goldratt delay 
E) Student syndrome

An event is a series of connected activities from the start to the finish of the project.

Which of the following project categories might lead to the other project categories?

The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain.

Among the reasons for the growth in project operations we find:

Give an example of Activity Time Variability with Path Interdependencies.

Favorable variances do not require corrective action or further investigation;only unfavorable variances in performance.

Project charters should contain some level of information regarding which of the following elements:

Which of the following is NOT an example of a project?

The amount of ___ _ needed to protect a particular path in a project is less than the sum of the _ ___ required to protect the individual activities making up the path.

Describe the four qualities are sought after in a project manager.

How are projects not like other typical or routine processes?

The optimistic time is the amount of time the project will take under the worst-case scenario.

The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its:

Projects should be evaluated against standards and by methods established at their completion,including procedures for monitoring,collecting,storing,and evaluating the history of the project.

Which of the following project categories typically seeks the development of a new generation of outputs?

Briefly describe the importance of a Project charter.

Why is a project portfolio a better approach to a project than the ROI approach?

Using CPM,when activity times are not known with certainty,we still can determine how long it will actually take to complete the project.

When workers receive approval for a task based on inflated time estimate,they may perceive that they now have plenty of time to complete the task and therefore delay starting the task.What has this concept been called?

Operations and Supply Chain Strategy for Competitiveness

Process Planning

Capacity and Scheduling

Supply Chain Planning and Analytics

Supply Chain Management

the Economic Order Quantity Model

Monitoring and Controlling the Processes

Process Improvement: Six Sigma

Process Improvement: Lean

Filters

Exam 2: Executing Strategy: Project Management

An event is a series of connected activities from the start to the finish of the project.

Which of the following project categories might lead to the other project categories?

The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain.

Among the reasons for the growth in project operations we find:

Give an example of Activity Time Variability with Path Interdependencies.

Favorable variances do not require corrective action or further investigation;only unfavorable variances in performance.

Project charters should contain some level of information regarding which of the following elements:

Which of the following is NOT an example of a project?

The amount of _____ _____ needed to protect a particular path in a project is less than the sum of the _____ _____ required to protect the individual activities making up the path.

Describe the four qualities are sought after in a project manager.

How are projects not like other typical or routine processes?

The optimistic time is the amount of time the project will take under the worst-case scenario.

The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its:

Projects should be evaluated against standards and by methods established at their completion,including procedures for monitoring,collecting,storing,and evaluating the history of the project.

Which of the following project categories typically seeks the development of a new generation of outputs?

Briefly describe the importance of a Project charter.

Why is a project portfolio a better approach to a project than the ROI approach?

Using CPM,when activity times are not known with certainty,we still can determine how long it will actually take to complete the project.

When workers receive approval for a task based on inflated time estimate,they may perceive that they now have plenty of time to complete the task and therefore delay starting the task.What has this concept been called?

Operations and Supply Chain Strategy for Competitiveness

Process Planning

Capacity and Scheduling

Supply Chain Planning and Analytics

Supply Chain Management

the Economic Order Quantity Model

Monitoring and Controlling the Processes

Process Improvement: Six Sigma

Process Improvement: Lean

Filters

The amount of ___ _ needed to protect a particular path in a project is less than the sum of the _ ___ required to protect the individual activities making up the path.