Question 1

PERT is an abbreviation for which of the following methodologies?

Accepted Answer

A)  Product Evaluation,Result and Treatment 
B)  Programming and Evaluation Realization Technology 
C)  Program Evaluation and Review Technique 
D)  Process Evaluation and Review Technology 
E)  It is a name,not an abbreviation for anything 
A)  Product Evaluation,Result and Treatment 
B)  Programming and Evaluation Realization Technology 
C)  Program Evaluation and Review Technique 
D)  Process Evaluation and Review Technology 
E)  It is a name,not an abbreviation for anything

Question 2

You are looking at a chart that has the terms BCWS,BCWP and AC indicating lines on the chart.What kind of chart are you looking at?

Accepted Answer

A)  Gantt Chart 
B)  PERT Chart 
C)  Bar/Milestone Chart 
D)  Total Program Cost Breakdown 
E)  EVM Chart 
A)  Gantt Chart 
B)  PERT Chart 
C)  Bar/Milestone Chart 
D)  Total Program Cost Breakdown 
E)  EVM Chart

Question 3

Upper level management must decide between pure,functional,and matrix structures as ways to organize projects.

Accepted Answer

A) True 
 B)False

Question 4

An advantage of a pure project where self-contained teams work full time on a project is which of the following?

Accepted Answer

A)  Team members can work on several projects 
B)  Functional area is a "home" after the project is completed 
C)  There are duplicated resources 
D)  Lines of communication are shortened 
E)  Overall organizational policies and goals can be ignored 
A)  Team members can work on several projects 
B)  Functional area is a "home" after the project is completed 
C)  There are duplicated resources 
D)  Lines of communication are shortened 
E)  Overall organizational policies and goals can be ignored

Question 5

Complex projects are often subdivided into a series of tasks that are typically configured to be not longer than several months in duration.

Accepted Answer

A) True 
 B)False

Question 6

When reducing the planned duration of a project using the Time-Cost CPM model we select the activity to crash by determining the cost of each alternative and selecting the one whose cost is the greatest.

Accepted Answer

A) True 
 B)False

Question 7

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

Accepted Answer

A) True 
 B)False

Question 8

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

Accepted Answer

A) True 
 B)False

Question 9

The critical path in a CPM analysis is found by locating the activities times with zero slack.

Accepted Answer

A) True 
 B)False

Question 10

A series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

Accepted Answer

A)  Matrix project 
B)  Integrated Task Force 
C)  Functional project 
D)  Pure project 
E)  Cross-functional flexible team 
A)  Matrix project 
B)  Integrated Task Force 
C)  Functional project 
D)  Pure project 
E)  Cross-functional flexible team

Question 11

A simple project listing of five activities,their predecessors and their respective time estimates are presented below: $$\begin{array} { | l | l | l | } 
\hline \text { Activity } & \text { Immediate Predecessor } & \text { Time in Days } \
\hline \text { A } & \text { None } & 3 \
\hline \text { B } & \text { A } & 2 \
\hline \text { C } & \text { A } & 1 \
\hline \text { D } & \text { B and C } & 3 \
\hline \text { E } & \text { D } & 4 \
\hline
\end{array}$$
Using CPM,what is the Latest Finish Time for the last activity in this project (i.e. ,the total time to complete the project)?

Accepted Answer

A)  10 days 
B)  7 days 
C)  8 days 
D)  12 days 
E)  9 days 
A)  10 days 
B)  7 days 
C)  8 days 
D)  12 days 
E)  9 days

Question 12

One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.

Accepted Answer

A) True 
 B)False

Question 13

What is a work breakdown structure?

Accepted Answer

A)  A list of the activities making up the higher levels of the project 
B)  A definition of the hierarchy of project tasks,subtasks,and work packages 
C)  A depiction of the activities making up a project 
D)  A Gantt chart 
E)  A structure that is incompatible with the Critical Path Method 
A)  A list of the activities making up the higher levels of the project 
B)  A definition of the hierarchy of project tasks,subtasks,and work packages 
C)  A depiction of the activities making up a project 
D)  A Gantt chart 
E)  A structure that is incompatible with the Critical Path Method

Question 14

You have just been assigned to oversee a series of projects.Functional areas will loan you personnel for each project and separate project managers will be responsible for separate projects.These project managers will report to you.Which project management structure is being used?

Accepted Answer

A)  Pure Project 
B)  Task force 
C)  Matrix Project 
D)  Functional Project 
E)  PERT 
A)  Pure Project 
B)  Task force 
C)  Matrix Project 
D)  Functional Project 
E)  PERT

Question 15

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

Accepted Answer

A) True 
 B)False

Question 16

You have collected the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the project "direct costs" are given below. $$\begin{array} { | l | l | l | l | l | l | } 
\hline & \text { Immediate } & \text { Normal } & \text { Crash } & \text { Normal } & \text { Crash } \
\hline \text { Activity } & \text { Predecessor } & \text { Time } & \text { Time } & \text { Cost (Direct) } & \text { Cost (Direct) } \
\hline \text { A } & \text { None } & 3 & 2 & \$ 300 & \$ 400 \
\hline \text { B } & \text { A } & 3 & 3 & \$ 100 & \$ 100 \
\hline \text { C } & \text { A } & 1 & 1 & \$ 200 & \$ 200 \
\hline \text { D } & \text { B and C } & 3 & 2 & \$ 400 & \$ 550 \
\hline \text { E } & \text { D } & 2 & 1 & \$ 500 & \$ 900 \
\hline \text { F } & \text { E } & 3 & 3 & \$ 200 & \$ 200 \
\hline \text { G } & \text { F } & 2 & 2 & \$ 100 & \$ 100 \
\hline
\end{array}$$
The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days the total indirect costs are $400,15 days they will be $250,14 days they will be $200,and 13 days they will be $100.If you crash this project by one day what is the total (i.e. ,direct and indirect)project cost?

Accepted Answer

A)  $2,150 
B)  $2,300 
C)  $2,400 
D)  $2,450 
E)  $2,500 
A)  $2,150 
B)  $2,300 
C)  $2,400 
D)  $2,450 
E)  $2,500

Question 17

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs. $$\begin{array} { | l | l | l | l | l | l | } 
\hline & \text { Immediate } & \text { Normal } & \text { Crash } & \text { Normal } & \text { Crash } \
\hline \text { Activity } & \text { Predecessor } & \text { Time } & \text { Time } & \text { Cost } & \text { Cost } \
\hline \text { A } & \text { None } & 3 & 2 & \$ 200 & \$ 400 \
\hline \text { B } & \text { A } & 4 & 3 & \$ 300 & \$ 600 \
\hline \text { C } & \text { A } & 1 & 1 & \$ 200 & \$ 200 \
\hline \text { D } & \text { B and C } & 3 & 2 & \$ 500 & \$ 550 \
\hline \text { E } & \text { D } & 2 & 1 & \$ 500 & \$ 900 \
\hline
\end{array}$$
If you crash this project to reduce the total time by four days,what is the total time of the project and total cost?

Accepted Answer

A)  Total time is 10 days,total cost is $2500 
B)  Total time is 9 days,total cost is $2300 
C)  Total time is 8 days,total cost is $2750 
D)  Total time is 8 days,total cost is $1850 
A)  Total time is 10 days,total cost is $2500 
B)  Total time is 9 days,total cost is $2300 
C)  Total time is 8 days,total cost is $2750 
D)  Total time is 8 days,total cost is $1850

Question 18

In a Gantt chart the horizontal axis is usually which of the following?

Accepted Answer

A)  Activities 
B)  Cost 
C)  Profit 
D)  Time 
E)  Milestones 
A)  Activities 
B)  Cost 
C)  Profit 
D)  Time 
E)  Milestones

Question 19

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

Accepted Answer

A) True 
 B)False

Question 20

An event unit package is a subdivision of a project.

Accepted Answer

A) True 
 B)False

PERT is an abbreviation for which of the following methodologies?

You are looking at a chart that has the terms BCWS,BCWP and AC indicating lines on the chart.What kind of chart are you looking at?

Upper level management must decide between pure,functional,and matrix structures as ways to organize projects.

An advantage of a pure project where self-contained teams work full time on a project is which of the following?

Complex projects are often subdivided into a series of tasks that are typically configured to be not longer than several months in duration.

When reducing the planned duration of a project using the Time-Cost CPM model we select the activity to crash by determining the cost of each alternative and selecting the one whose cost is the greatest.

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

The critical path in a CPM analysis is found by locating the activities times with zero slack.

A series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.

What is a work breakdown structure?

You have just been assigned to oversee a series of projects.Functional areas will loan you personnel for each project and separate project managers will be responsible for separate projects.These project managers will report to you.Which project management structure is being used?

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

In a Gantt chart the horizontal axis is usually which of the following?

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

An event unit package is a subdivision of a project.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

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Exam 5: Projects

PERT is an abbreviation for which of the following methodologies?

You are looking at a chart that has the terms BCWS,BCWP and AC indicating lines on the chart.What kind of chart are you looking at?

Upper level management must decide between pure,functional,and matrix structures as ways to organize projects.

An advantage of a pure project where self-contained teams work full time on a project is which of the following?

Complex projects are often subdivided into a series of tasks that are typically configured to be not longer than several months in duration.

When reducing the planned duration of a project using the Time-Cost CPM model we select the activity to crash by determining the cost of each alternative and selecting the one whose cost is the greatest.

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

One of the advantages of a functional project organizational structure is that a team member can work on several projects.

The critical path in a CPM analysis is found by locating the activities times with zero slack.

A series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.

What is a work breakdown structure?

You have just been assigned to oversee a series of projects.Functional areas will loan you personnel for each project and separate project managers will be responsible for separate projects.These project managers will report to you.Which project management structure is being used?

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

In a Gantt chart the horizontal axis is usually which of the following?

Calculating the early start and early finish times for each activity in a CPM analysis does not provide any useful information.

An event unit package is a subdivision of a project.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters