Exam 8: Project Management
Exam 1: Operations and Supply Chain Strategy74 Questions
Exam 2: Quality Management75 Questions
Exam 3: New Product Development75 Questions
Exam 4: Process Design and Analysis75 Questions
Exam 5: Forecasting75 Questions
Exam 6: Independent Demand Inventory75 Questions
Exam 7: Dependent Demand Inventory74 Questions
Exam 8: Project Management75 Questions
Exam 9: Optimization and Simulation Modeling75 Questions
Exam 10: Capacity Planning75 Questions
Exam 11: Quality Improvement Methods75 Questions
Exam 12: Lean Enterprise75 Questions
Exam 13: Technology and Integrated Supply Management75 Questions
Exam 14: Global Supply Chain and Service Integration75 Questions
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The project plan reports estimated costs and cash flow requirements at different project stages.
(True/False)
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Since the introduction of computer software,Gantt charts are obsolete in project management.
(True/False)
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Which of the following is not a time estimate used in PERT?
(Multiple Choice)
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Because projects are limited in time,budgeting,and resources,they generally have very little risk involved.
(True/False)
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Identify and describe the four parameters used to calculate the critical path for CPM.
(Essay)
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All the following activities are on the critical path.If the project needs to be reduced by 3 days,and no other paths become shorter than the current critical path,which activities should be crashed and in what order? What is the total cost of crashing?

(Essay)
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The percentage of the project's scope that will be affected by a problem defines which project risk classification?
(Multiple Choice)
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Time,scope,and cost are positively correlated in project management.
(True/False)
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Activity C is directly preceded by two activities,activity A and activity B.Activity A has an expected time of five and early start time of six.Activity B has an expected time of seven and an early start time of seven.Activity C has an expected time of ten.What is the early start for activity C?
Activity A,early finish is 6 + 5 = 11.
Activity B,early finish is 7 + 7 = 14.
The early start for Activity 7 is the larger of the two early finish times; so the time is 14.
(Essay)
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Any activity that has not been completed is a candidate for a cost and time trade-off analysis.
(True/False)
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The path in a network diagram with the most activities is the critical path.
(True/False)
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Draw a network diagram using the AON convention for the following project.
Activity A has a duration of 4 days and no predecessor.
Activity B has a duration of 2 days and has A as a predecessor.
Activity C has a duration of 2 days and has A as a predecessor.
Activity D has a duration of 3 days and has B as a predecessor.
Activity E has a duration of 4 days and has C as a predecessor.
Activity F has a duration of 1 day and has D and E as predecessors.
(Essay)
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In a PERT analysis,the "most likely time" is the minimum possible time required to complete an activity.
(True/False)
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Using PERT,the project completion time closely resembles what distribution?
(Multiple Choice)
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Which of the following terms does not describe a project management technique?
(Multiple Choice)
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