Exam 15: Project Management Online
Exam 1: Introduction to Modeling and Decision Analysis78 Questions
Exam 2: Introduction to Optimization and Linear Programming76 Questions
Exam 3: Modeling and Solving Lp Problems in a Spreadsheet93 Questions
Exam 4: Sensitivity Analysis and the Simplex Method76 Questions
Exam 5: Network Modeling92 Questions
Exam 6: Integer Linear Programming102 Questions
Exam 7: Goal Programming and Multiple Objective Optimization81 Questions
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Exam 10: Data Mining125 Questions
Exam 11: Time Series Forecasting125 Questions
Exam 12: Introduction to Simulation Using Analytic Solver Platform85 Questions
Exam 13: Queuing Theory97 Questions
Exam 14: Decision Analysis125 Questions
Exam 15: Project Management Online82 Questions
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Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-What are the immediate predecessors of activity D in this network?
Free
(Multiple Choice)
4.7/5
(79)
Correct Answer:
B
Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-Which activities are critical in the following diagram?
Free
(Multiple Choice)
5.0/5
(78)
Correct Answer:
A
Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-What is the correct formula to compute the expected duration of an activity using PERT?
Free
(Multiple Choice)
4.9/5
(79)
Correct Answer:
D
Exhibit 15.3
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 15.3. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. Based on the data in the spreadsheet, which activities are on the critical path? 
(Short Answer)
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Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-Array formulas typically perform operations on one or more ranges of cells.
(True/False)
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(74)
Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-Two techniques that were developed to help managers plan, organize, and control projects are: the Critical Path Method (CPM) and the Program Evaluation and Review Technique (PERT).
(True/False)
4.9/5
(80)
Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.
-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?
(Multiple Choice)
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Exhibit 15.4
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. Based on the data in the spreadsheet, which activities are on the critical path? 
(Essay)
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(64)
Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-Which of the following correctly describes the focus of the Critical Path Method (CPM)?
(Multiple Choice)
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Exhibit 15.3
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 15.3. Draw the CPM network for this problem. Use AON notation.
(Essay)
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(90)
Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-The critical path in PERT analysis is the path with the
(Multiple Choice)
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(72)
Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-What formula should go in cell H3 of the following spreadsheet to compute Crash Cost Per Day? 
(Multiple Choice)
4.8/5
(73)
Exhibit 15.1
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?
(Multiple Choice)
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(80)
Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-Which of the following definitions correctly defines the acronym, PERT?
(Multiple Choice)
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(76)
Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.
-Refer to Exhibit 15.1. What array formula is placed in cell E5 to calculate the Earliest Start Time?
(Multiple Choice)
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(85)
Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-If the following project must be completed by day 18 at minimum cost how do we change the LP model? 
(Multiple Choice)
4.9/5
(88)
Exhibit 15.3
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 15.3. 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? 
(Essay)
4.9/5
(95)
Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-What is the formula for the earliest finish time for activity i?
(Multiple Choice)
4.8/5
(77)
Exhibit 14.13
The following questions use the information below.
A student wants to buy a new car. She has three cars to choose from, A, B and C. The cars differ with respect to price, performance and looks. The student has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-A company wants to use PERT to manage a project. They have developed the following spreadsheet for the problem. If The Analytic Solver Platform (ASP) is used, what formula should go in cell F3 of the spreadsheet to compute the Activity Time when simulating a PERT analysis? 
(Multiple Choice)
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(81)
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