Exam 15: Project Management Online

The following questions employ the AON network and completed spreadsheet below. -Refer to Exhibit 15.2. What formula is placed in cell G5 to calculate the Latest Start Time?

What is the correct formula to compute the expected duration of an activity using PERT?

What is the latest finish time for activity D in the following diagram?

What formula should go in cell I5 of the following spreadsheet to compute Actual Time Between Starts?

The following questions are based on the information below. A company needs to manage a project which consists of the following set of activities: -Refer to Exhibit 15.4. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. What formulas should go into cells H2:H8 to calculate Latest Finish Times?

What are the immediate successors of activity D in this network?

In a PERT network the time required to complete a path is a(n)

Activity-on-Arc (AOA) networks do not allow multiple arcs with common start and finish nodes. If this must be represented, how is an AOA network modified?

The purpose of the backward pass in the Critical Path Method (CPM) technique is to

A weakness of Gantt charts is that they do not explicitly

Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity F to the node for activity I?

One of PERT's bold assumptions is that

The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What array formula is placed in cell H5 to calculate the Latest Finish Time?

The following questions use the information below. A company wants to crash a project and reduce the time required to complete it. They have developed the following table of activity costs and times and a spreadsheet to compute starting time for each activity. -Refer to Exhibit 15.5. What formula should go in cell I5 of the Model spreadsheet to compute Actual Time Between Starts?

The following questions use the information below. A company wants to crash a project and reduce the time required to complete it. They have developed the following table of activity costs and times and a spreadsheet to compute starting time for each activity. -Refer to Exhibit 15.5. If the following project must be completed by day 18 at minimum cost how do we change the LP model?

The purpose of the forward pass in the Critical Path Method (CPM) technique is to

The longest path through a network is comprised of the ____ activities.

Slack represents the amount of time by which an activity can be delayed without delaying the entire project, assuming that

The term "time zero" identifies

What formula should go in cell H3 of the following spreadsheet to compute Crash Cost Per Day?