Question 1

Program evaluation and review technique, PERT, is a network-based technique in which there are multiple time estimates for each activity.

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

A project is a temporary undertaking designed to create a unique, product, service or results.

Accepted Answer

A) True 
 B)False

Question 4

One of the primary characteristics of projects as a form of work is the movement of personnel from project to project.

Accepted Answer

A) True 
 B)False

Question 5

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 question(s).
 $$\begin{array} { | c | c | c | c | c | c | c | } 
\hline \text { Activity } & \text { Predecessors } & \text { Time } & \text { ES } & \text { EF } & \text { LS } & \text { LF } \
\hline \text { A } & \cdots & 7 & & & & 12 \
\hline \text { B } & \cdots & 8 & & & & \
\hline \text { C } & \text { A } & & & & 13 & 20 \
\hline \text { D } & \text { A } & 11 & & & 12 & \
\hline \text { E } & \text { B } & & & 14 & 17 & \
\hline \text { F } & \text { B } & 11 & & & & \
\hline \text { G } & \text { D, E } & 6 & & & & \
\hline \text { H } & \text { C } & & & & 20 & \
\hline \text { K } & \text { F } & & & 29 & & \
\hline \text { L } & G , H , K & 9 & & & & \
\hline
\end{array}$$
-Refer to the scenario above. The project's duration is:

Accepted Answer

A) 32 weeks. 
B) 33 weeks. 
C) 36 weeks. 
D) 38 weeks. 
A) 32 weeks. 
B) 33 weeks. 
C) 36 weeks. 
D) 38 weeks.

Question 6

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

Accepted Answer

The answer of A(n)________ is a graphical tool used to...

Question 7

For critical path activities, slack is equal to ________.

Accepted Answer

The answer of For critical path activities, slack is equal...

Question 8

The university president concocts a thirteen-step sinister plan to lower morale to zero during his last year in office. The duration of each step (in days)and the required predecessor(s)are displayed in the table.
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \text { Duration } & \text { Predecessor } \
\hline \text { A } & 3 & - \cdot \
\hline \text { B } & 8 & \cdots \
\hline \text { C } & 8 & \text { A } \
\hline \text { D } & 7 & \text { B } \
\hline \text { E } & 4 & \text { B } \
\hline \text { F } & 4 & \text { C,D } \
\hline \text { G } & 8 & \text { C,D } \
\hline \text { H } & 8 & \text { E } \
\hline \text { I } & 4 & \text { F } \
\hline \text { J } & 2 & \text { G } \
\hline \text { K } & 6 & \text { H } \
\hline \text { L } & 10 & \text { I } \
\hline \text { M } & 7 & \mathrm {~J} , \mathrm {~K} \
\hline
\end{array}$$ What are the early and late start and finish times for this morale-lowering project?

Accepted Answer

\[\begin{array} { | c | c | c | c | c |

Question 9

Key points in a project, such as when a major activity or phase should be completed, are referred to as lodestones.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

The university president concocts a thirteen-step sinister plan to lower morale to zero during his last year in office. The duration of each step (in days)and the required predecessor(s)are displayed in the table.
 $$\begin{array} { | l | l | l | } 
\hline \text { Activity } & \text { Duration } & \text { Predecessor } \
\hline \text { A } & 3 & - \
\hline B & 8 & - \
\hline \mathrm { B } & 8 & \text { A } \
\hline \mathrm { D } & 7 & \text { B } \
\hline \mathrm { E } & 4 & \mathrm {~B} \
\hline \mathrm { F } & 4 & \mathrm { C } , \mathrm { D } \
\hline \mathrm { G } & \mathrm { B } & \mathrm { C } , \mathrm { D } \
\hline \mathrm { H } & 8 & \mathrm { E } \
\hline \mathrm { I } & 8 & \mathrm {~F} \
\hline \mathrm { K } & 4 & \mathrm { G } \
\hline \mathrm { K } & 2 & \mathrm { H } \
\hline \mathrm { L } & 6 & \mathrm { I } \
\hline \mathrm { M } & 10 & \text { I, K } \
\hline
\end{array}$$
-Identify the activities that have slack and the amount of slack each has for this morale-lowering project?

Accepted Answer

\[\begin{array} { | l | l | }

Question 12

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

Accepted Answer

A) It provides a common language for discussing project management issues. 
B) It provides a blueprint for ISO certification of the project management process. 
C) It identifies and disseminates generally accepted project management knowledge and practices. 
D) It serves as a basic reference source for project management. 
A) It provides a common language for discussing project management issues. 
B) It provides a blueprint for ISO certification of the project management process. 
C) It identifies and disseminates generally accepted project management knowledge and practices. 
D) It serves as a basic reference source for project management.

Question 13

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 question(s).
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \text { Predecessors } & \text { Time (weeks) } \
\hline \text { A } & - & 7 \
\hline \text { B } & \text { A } & 6 \
\hline \text { C } & \text { A } & 10 \
\hline \text { D } & \text { C } & 12 \
\hline \text { E } & \text { B, C } & 5 \
\hline \text { F } & \text { D, E } & 11 \
\hline \text { G } & \text { F } & 8 \
\hline
\end{array}$$
-Refer to the scenario above. Which of these statements is BEST?

Accepted Answer

A) Only four of these activities have zero slack. 
B) The late finish of D minus the latest finish of C is less than the slack of B. 
C) B's latest start plus its slack equals F's latest finish. 
D) The sum of the latest start times for activities A through E is less than the sum of the latest start times for F and G. 
A) Only four of these activities have zero slack. 
B) The late finish of D minus the latest finish of C is less than the slack of B. 
C) B's latest start plus its slack equals F's latest finish. 
D) The sum of the latest start times for activities A through E is less than the sum of the latest start times for F and G.

Question 14

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 question(s).
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \text { Predecessors } & \text { Time (weeks) } \
\hline \text { A } & \cdots & 10 \
\hline \text { B } & \text { A } & 8 \
\hline \text { C } & \text { A } & 7 \
\hline \text { D } & \text { C } & 11 \
\hline \text { E } & \text { D } & 12 \
\hline \text { F } & \text { B } & 11 \
\hline \text { G } & \text { E, F } & 6 \
\hline \text { H } & \text { E, F } & 9 \
\hline
\end{array}$$
-Refer to the scenario above. Which of these activities has the least slack?

Accepted Answer

A) E 
B) B 
C) G 
D) F 
A) E 
B) B 
C) G 
D) F

Question 15

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?

Accepted Answer

A) 14 
B) 15 
C) 16 
D) 17 
A) 14 
B) 15 
C) 16 
D) 17

Question 16

A project is composed of 6 activities that have durations and precedence requirements shown in the table. Which of these activities is NOT on the critical path? $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \text { Length } & \text { Predecessor } \
\hline \text { A } & 5 & \cdots \
\hline \text { B } & 7 & \text { A } \
\hline \text { C } & 4 & \text { A } \
\hline \text { D } & 7 & \text { B,C } \
\hline \text { E } & 7 & \text { B } \
\hline \text { F } & 6 & \text { D, E } \
\hline
\end{array}$$

Accepted Answer

A) A 
B) B 
C) C 
D) D 
A) A 
B) B 
C) C 
D) D

Question 17

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 question(s).
 $$\begin{array} { | c | c | c | c | c | c | c | } 
\hline \text { Activity } & \text { Predecessors } & \text { Time } & \text { ES } & \text { EF } & \text { LS } & \text { LF } \
\hline \text { A } & \cdots & 7 & & & & 12 \
\hline \text { B } & \cdots & 8 & & & & \
\hline \text { C } & \text { A } & & & & 13 & 20 \
\hline \text { D } & \text { A } & 11 & & & 12 & \
\hline \text { E } & \text { B } & & & 14 & 17 & \
\hline \text { F } & \text { B } & 11 & & & & \
\hline \text { G } & \text { D, E } & 6 & & & & \
\hline \text { H } & \text { C } & & & & 20 & \
\hline \text { K } & \text { F } & & & 29 & & \
\hline \text { L } & G , H , K & 9 & & & & \
\hline
\end{array}$$
-Refer to the scenario above. What is the latest start time for activity K?

Accepted Answer

A) Week 20 
B) Week 19 
C) Week 18 
D) Week 17 
A) Week 20 
B) Week 19 
C) Week 18 
D) Week 17

Question 18

In what way are projects and typical business activities similar?

Accepted Answer

A) For most companies, projects and typical business activities can be described as routine. 
B) Both projects and typical business activities have a defined ending point at which time they are complete. 
C) Projects and routine business activities require significant levels of cross-functional and interorganizational coordination. 
D) The successful completion of projects and business activities is essential to a firm's competitive position. 
A) For most companies, projects and typical business activities can be described as routine. 
B) Both projects and typical business activities have a defined ending point at which time they are complete. 
C) Projects and routine business activities require significant levels of cross-functional and interorganizational coordination. 
D) The successful completion of projects and business activities is essential to a firm's competitive position.

Question 19

Given the earliest and latest finish times for each of these activities, what are the activity lengths?
 $$\begin{array} { | c | c | c | c | } 
\hline \text { Activity } & \text { EF } & \text { LF } & \text { Predecessors } \
\hline \text { A } & 3 & 3 & \cdots \
\hline \text { B } & 10 & 10 & \text { A } \
\hline \text { C } & 5 & 13 & \text { A } \
\hline \text { D } & 18 & 18 & \text { B } \
\hline \text { E } & 15 & 18 & \text { B } \
\hline \text { F } & 11 & 19 & \text { C } \
\hline \text { G } & 8 & 19 & \text { C } \
\hline \text { H } & 23 & 23 & \text { D, E } \
\hline \text { I } & 15 & 23 & \text { F, G } \
\hline \text { J } & 24 & 24 & \text { H, I } \
\hline
\end{array}$$

Accepted Answer

\[\begin{array} { | c | c | } 
\hline \t

Question 20

A Gantt chart provides both a planning function and a control function.

Accepted Answer

A) True 
 B)False

Program evaluation and review technique, PERT, is a network-based technique in which there are multiple time estimates for each activity.

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

A project is a temporary undertaking designed to create a unique, product, service or results.

One of the primary characteristics of projects as a form of work is the movement of personnel from project to project.

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

For critical path activities, slack is equal to ________.

Key points in a project, such as when a major activity or phase should be completed, are referred to as lodestones.

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

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

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?

A project is composed of 6 activities that have durations and precedence requirements shown in the table. Which of these activities is NOT on the critical path? Activity Length Predecessor A 5 \@cdots B 7 A C 4 A D 7 B,C E 7 B F 6 D, E

In what way are projects and typical business activities similar?

Given the earliest and latest finish times for each of these activities, what are the activity lengths? Activity EF LF Predecessors A 3 3 \@cdots B 10 10 A C 5 13 A D 18 18 B E 15 18 B F 11 19 C G 8 19 C H 23 23 D, E I 15 23 F, G J 24 24 H, I

A Gantt chart provides both a planning function and a control function.

Introduction to Operations and Supply Chain Management

Operations and Supply Chain Strategies

Process Choice and Layout Decisions in Manufacturing and Services

Business Processes

Managing Quality

Managing Capacity

S: Advanced Waiting Line Theory and Simulation Modeling

Supply Management

Logistics

Forecasting

Sales and Operations Planning Aggregate Planning

Managing Inventory Throughout the Supply Chain

Managing Production Across the Supply Chain

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Exam 14: Managing Projects

Program evaluation and review technique, PERT, is a network-based technique in which there are multiple time estimates for each activity.

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

A project is a temporary undertaking designed to create a unique, product, service or results.

One of the primary characteristics of projects as a form of work is the movement of personnel from project to project.

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

For critical path activities, slack is equal to ________.

Key points in a project, such as when a major activity or phase should be completed, are referred to as lodestones.

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

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

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?

A project is composed of 6 activities that have durations and precedence requirements shown in the table. Which of these activities is NOT on the critical path? Activity Length Predecessor A 5 \@cdots B 7 A C 4 A D 7 B,C E 7 B F 6 D, E

In what way are projects and typical business activities similar?

Given the earliest and latest finish times for each of these activities, what are the activity lengths? Activity EF LF Predecessors A 3 3 \@cdots B 10 10 A C 5 13 A D 18 18 B E 15 18 B F 11 19 C G 8 19 C H 23 23 D, E I 15 23 F, G J 24 24 H, I

A Gantt chart provides both a planning function and a control function.

Introduction to Operations and Supply Chain Management

Operations and Supply Chain Strategies

Process Choice and Layout Decisions in Manufacturing and Services

Business Processes

Managing Quality

Managing Capacity

S: Advanced Waiting Line Theory and Simulation Modeling

Supply Management

Logistics

Forecasting

Sales and Operations Planning Aggregate Planning

Managing Inventory Throughout the Supply Chain

Managing Production Across the Supply Chain

S: Supply Chain Information Systems

Jitlean Production

Developing Products and Services

Filters