Exam 14: Managing Projects

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The earliest start time of an activity is dependent on the earliest finish time of its immediate predecessors.

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A hatmaker, fresh off a very successful showing at Lidzapalooza is excited about the prospects of providing the finest chapeaus to meet the needs of his energized customer base in the coming year. He and his space designer have identified seven activities that are necessary to expand his small shop. For the sake of simplicity, and to avoid giving away any trade secrets, the activities have been identified by letters A-G. The activities, their time estimates, and the precedence requirements are listed in the table immediately below. Use this scenario to answer the following questions. A hatmaker, fresh off a very successful showing at Lidzapalooza is excited about the prospects of providing the finest chapeaus to meet the needs of his energized customer base in the coming year. He and his space designer have identified seven activities that are necessary to expand his small shop. For the sake of simplicity, and to avoid giving away any trade secrets, the activities have been identified by letters A-G. The activities, their time estimates, and the precedence requirements are listed in the table immediately below. Use this scenario to answer the following questions.    -Refer to the scenario above.Which of these statements is BEST? -Refer to the scenario above.Which of these statements is BEST?

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What is the latest that activity D can start if A lasts 5 days,B lasts 7 days,C lasts 4 days,D lasts 5 days,E lasts 7 days,and F is 6 days long? What is the latest that activity D can start if A lasts 5 days,B lasts 7 days,C lasts 4 days,D lasts 5 days,E lasts 7 days,and F is 6 days long?

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The tablet unearthed by the archaeologist revealed an ancient culture's project plan. However, the sands of time had erased much of the information that the table once contained. Use this fragmentary record to unlock the ancient project's secrets and answer the following questions. The tablet unearthed by the archaeologist revealed an ancient culture's project plan. However, the sands of time had erased much of the information that the table once contained. Use this fragmentary record to unlock the ancient project's secrets and answer the following questions.    -Refer to the scenario above.What is the latest start time for activity K? -Refer to the scenario above.What is the latest start time for activity K?

(Multiple Choice)
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For critical path activities,slack is equal to ________.

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The budget estimates made during the concept phase are usually accurate to within:

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The actual work gets done during the ________ phase of a project.

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What is the latest that activity B can start if A lasts 35 days,B lasts 5,days C lasts 6 days,and D lasts 7 days? What is the latest that activity B can start if A lasts 35 days,B lasts 5,days C lasts 6 days,and D lasts 7 days?

(Multiple Choice)
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Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions. Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions.    -Refer to the scenario above.What is the slack for activity G? -Refer to the scenario above.What is the slack for activity G?

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A project is a temporary undertaking designed to achieve a particular organizational goal.

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A(n)________ is a graphical tool used to show a project's progress as time elapses.

(Short Answer)
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Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions. Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions.    -Refer to the scenario above.The fastest the project can be completed is: -Refer to the scenario above.The fastest the project can be completed is:

(Multiple Choice)
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Work on a project's constituent activities begins in the project's:

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The longest path in a network from the start of a project to the end of a project is the ________.

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Which of these needs does the Guide to the Project Management Body of Knowledge NOT serve?

(Multiple Choice)
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The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.The fixed cost for being on site is $450.What is the lowest total completion cost for the project? The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.The fixed cost for being on site is $450.What is the lowest total completion cost for the project?    The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.The fixed cost for being on site is $450.What is the lowest total completion cost for the project?

(Multiple Choice)
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A performance or time target for each major group of activities in a project is a(n)________.

(Short Answer)
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A seven activity project has the activity durations (in weeks)and costs shown in the table.It is possible to speed up every one of the activities by paying a little more.What is the least expensive 30-week project? A seven activity project has the activity durations (in weeks)and costs shown in the table.It is possible to speed up every one of the activities by paying a little more.What is the least expensive 30-week project?

(Multiple Choice)
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In the project definition phase,project planners identify,among other tasks,how to accomplish the work and how to organize for the project.

(True/False)
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Performance or time targets for each major group of activities in a project are set during the planning phase of a project.

(True/False)
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