Exam 17: Project Management

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If two consecutive activities have shared slack, this means that each of them can use only half of the slack without delaying completion of the project.

(True/False)
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Consider the following work breakdown structure: Duration Estimates (Days) Activity Precedes Optimistic Most Likely Pessimistic Start U, V - - - U W 35 50 65 V W, X 28 40 52 W Z 26 35 44 X Y 28 40 52 Y Z 26 29 38 Z End 36 60 84 What is the estimated standard deviation in the time for activity Z?

(Multiple Choice)
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Consider the following work breakdown structure: Duration Estimates (Days) Activity Precedes Optimistic Most Likely Pessimistic Start U, V - - - U W 35 50 65 V W, X 28 40 52 W Z 26 35 44 X Y 28 40 52 Y Z 26 29 38 Z End 36 60 84 What is the estimated expected (mean) time for project completion?

(Multiple Choice)
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Consider the following work breakdown structure: Activity Precedes Normal Time (wks) Crashing Cost week week) Start A, B - - - A C, D 6 8 - B G 4 5 6 C E 4 - - D F 5 6 6 E H 6 8 8 F H 6 7 10 G I 8 3 5 H End 5 12 15 I End 6 5 - In crashing this project to 18 weeks, which activities (in order of selection) will be reduced?

(Essay)
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One upside to terminating a project that is not going as well as planned is that:

(Multiple Choice)
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A node has one entering activity, a, and two leaving activities, b and c. Given the following information, determine the latest starting time for activity a: EFb = 15, EFc = 17, LFb = 24, LFc = 27; activity times are a = 4, b = 6, c = 8.

(Multiple Choice)
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Determine the amount of slack in each of a project's activities (presented below), and identify those that are on the critical path. Activity Precedes Est. Duration (wks) Start a, e 0 a c, d 4 e f 9 f g 5 d g 2 c end 6 g end 3

(Essay)
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Consider the following work breakdown structure: Start Finish Duration (Days) Activity Node Node Optimistic Most Likely Pessimistic A 1 2 41 50 59 B 1 3 54 60 66 C 2 4 58 70 82 D 3 4 32 41 44 What is the estimated expected (mean) time for activity D?

(Multiple Choice)
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Consider the following work breakdown structure: Activity Precedes Normal Time () Crashing Cost week week Start A, B - - - A C, D 6 8 - B G 4 5 6 C E 4 - - D F 5 6 6 E H 6 8 8 F H 6 7 10 G I 8 3 5 H End 5 12 15 I End 6 5 - What activities make up the critical path?

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Good project management is especially important with virtual teams.

(True/False)
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Consider the following work breakdown structure: Duration Estimates (Days) Activity Precedes Optimistic Most Likely Pessimistic Start U, V - - - U W 35 50 65 V W, X 28 40 52 W Z 26 35 44 X Y 28 40 52 Y Z 26 29 38 Z End 36 60 84 What is the probability that the critical path for this project will be completed within 200 days?

(Multiple Choice)
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In "crashing" a project, a manager will generally focus on activities which:

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Project management software eliminates conflicts when there are shared resources.

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Which of the following is not a limitation of PERT and similar project-scheduling techniques?

(Multiple Choice)
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One way that project management differs from management of more traditional activities is because of the limited lifetime of projects.

(True/False)
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Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is:

(Multiple Choice)
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Consider the following work breakdown structure: Start Finish Duration (Days) Activity Node Node Optimistic Most Likely Pessimistic A 1 2 41 50 59 B 1 3 54 60 66 C 2 4 58 70 82 D 3 4 32 41 44 What is the estimated slack time for activity D?

(Multiple Choice)
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Which of the following is determined as a direct result of computing the earliest starting and finishing times for the activities of a project network?

(Multiple Choice)
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Consider the portion of a project depicted by this graph: Consider the portion of a project depicted by this graph:   What is the earliest finish time for activity 10-11 (far right-hand side) if the earliest start time of 8-10 (upper left-hand side) is 12 and the earliest start time of 9-10 (lower left-hand side) is 13? What is the earliest finish time for activity 10-11 (far right-hand side) if the earliest start time of 8-10 (upper left-hand side) is 12 and the earliest start time of 9-10 (lower left-hand side) is 13?

(Multiple Choice)
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Consider the following work breakdown structure: Duration Estimate (Days) Start Finish Activity Node Node Optimistic Most Likely Pessimistic A 1 2 9 15 21 B 1 3 13 21 23 C 2 4 6 9 18 D 2 5 23 35 47 E 3 5 19 26 27 F 4 6 23 29 41 G 5 6 14 20 26 H 6 7 2 5 8 What are the estimated expected (mean) times (in weeks) for activities A-H?

(Short Answer)
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