Question 1

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-A weakness of Gantt charts is that they do not explicitly

Accepted Answer

A)  indicate activity times. 
B)  show precedence relationships. 
C)  show activity start times. 
D)  show activity finish times. 
A)  indicate activity times. 
B)  show precedence relationships. 
C)  show activity start times. 
D)  show activity finish times.

Question 2

What are the immediate successors of activity D in this network? ​   ​

Accepted Answer

A)  A, B, C 
B)  B, C 
C)  E, F 
D)  E 
A)  A, B, C 
B)  B, C 
C)  E, F 
D)  E

Question 3

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.    
-Slack represents the amount of time by which an activity can be delayed without delaying the entire project, assuming that

Accepted Answer

A)  all successor activities start at their earliest start times. 
B)  all predecessor activities start at their earliest start times. 
C)  immediate predecessor activities start at their earliest start times. 
D)  all predecessor activities start at their latest start times. 
A)  all successor activities start at their earliest start times. 
B)  all predecessor activities start at their earliest start times. 
C)  immediate predecessor activities start at their earliest start times. 
D)  all predecessor activities start at their latest start times.

Question 4

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-What is the earliest start time for activity D in the following diagram? ​   ​

Accepted Answer

A)  3 
B)  4 
C)  6 
D)  7 
A)  3 
B)  4 
C)  6 
D)  7

Question 5

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 network design techniques used in Project Management are: the Activity-On-Node (AON) and the Activity on Arcs (AOA).

Accepted Answer

A) True 
 B)False

Question 6

Exhibit 15.5
The following questions use the information below.
A company wants to crash a project and reduce the time required to complete it. They have developed the following table of activity costs and times and a spreadsheet to compute starting time for each activity.    
-Refer to Exhibit 15.5. If the following project must be completed by day 18 at minimum cost how do we change the LP model?

Accepted Answer

Add a cons

Question 7

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:  
-A company wants to use PERT to manage a project. They have developed the following spreadsheet for the problem. What formula should go in cell F3 of the spreadsheet to compute the Activity Time when simulating a PERT analysis?

Accepted Answer

=IF(E3≤(C3-E3)/(D3-B

Question 8

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-In a PERT network the time required to complete a path is a(n)

Accepted Answer

A)  constant 
B)  random variable 
C)  Poisson distributed variable 
D)  exponentially distributed variable 
A)  constant 
B)  random variable 
C)  Poisson distributed variable 
D)  exponentially distributed variable

Question 9

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.    
-In deciding which activities to crash, select

Accepted Answer

A)  activities on the critical path(s) 
B)  all activities with positive slack time 
C)  longest activities 
D)  lowest cost activities 
A)  activities on the critical path(s) 
B)  all activities with positive slack time 
C)  longest activities 
D)  lowest cost activities

Question 10

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-Slack for activity I is computed as

Accepted Answer

A)  LFTi − ESTi 
B)  LSTi − ESTi 
C)  ESTi − LSTi 
D)  EFTi − LFTi 
A)  LFTi − ESTi 
B)  LSTi − ESTi 
C)  ESTi − LSTi 
D)  EFTi − LFTi

Question 11

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.    
-The purpose of the backward pass in the Critical Path Method (CPM) technique is to

Accepted Answer

A)  review each of the precedence relationships in the activity network. 
B)  calculate the slack time within each node on the activity network. 
C)  determine the earliest time each activity can start and finish. 
D)  determine the latest time each activity can start and finish. 
A)  review each of the precedence relationships in the activity network. 
B)  calculate the slack time within each node on the activity network. 
C)  determine the earliest time each activity can start and finish. 
D)  determine the latest time each activity can start and finish.

Question 12

Exhibit 15.5
The following questions use the information below.
A company wants to crash a project and reduce the time required to complete it. They have developed the following table of activity costs and times and a spreadsheet to compute starting time for each activity.    
-Refer to Exhibit 15.5. What formula should go in cell H3 of the Costs spreadsheet to compute Crash Cost Per Day?

Accepted Answer

=(F3-D3)/(

Question 13

Exhibit 15.6
The following questions use the information below.
Consider the CPM network for the following set of activities:  
-Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity A to the node for activity C?

Accepted Answer

No, B is the only im

Question 14

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.    
-In a project network there must be a unique critical path.

Accepted Answer

A) True 
 B)False

Question 15

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. Identify each path through the network and its expected length.

Accepted Answer

A-B-C-D-G

Question 16

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. What formulas should go into cells F2:F8 to calculate Earliest Finish Times, G2:G8 to calculate Latest Start Times, and cells I2:I8 to calculate the Slack?

Accepted Answer

The answer of Exhibit 15.4
The following questions are based on...

Question 17

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-The term "time zero" identifies

Accepted Answer

A)  the start time for each activity. 
B)  the start time for the project. 
C)  midnight on each work day. 
D)  days with not wasted effort. 
A)  the start time for each activity. 
B)  the start time for the project. 
C)  midnight on each work day. 
D)  days with not wasted effort.

Question 18

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.    
-Slack is the amount of time by which the start of an activity can be delayed without delaying the project.

Accepted Answer

A) True 
 B)False

Question 19

Exhibit 15.6
The following questions use the information below.
Consider the CPM network for the following set of activities:  
-Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity F to the node for activity I?

Accepted Answer

Yes, activity F is a

Question 20

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-Non-critical activities are distinguished by the presence of

Accepted Answer

A)  positive slack. 
B)  idle resources. 
C)  wasted time. 
D)  zero slack. 
A)  positive slack. 
B)  idle resources. 
C)  wasted time. 
D)  zero slack.

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -A weakness of Gantt charts is that they do not explicitly

What are the immediate successors of activity D in this network?

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -Slack represents the amount of time by which an activity can be delayed without delaying the entire project, assuming that

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -What is the earliest start time for activity D in the following diagram?

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -In a PERT network the time required to complete a path is a(n)

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Slack for activity I is computed as

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -The purpose of the backward pass in the Critical Path Method (CPM) technique is to

Exhibit 15.6 The following questions use the information below. Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity A to the node for activity C?

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. Identify each path through the network and its expected length.

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -The term "time zero" identifies

Exhibit 15.6 The following questions use the information below. Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity F to the node for activity I?

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Non-critical activities are distinguished by the presence of

Introduction to Modeling and Decision Analysis

Introduction to Optimization and Linear Programming

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming Evolutionary Optimization

Regression Analysis

Data Mining

Time Series Forecasting

Introduction to Simulation Using Analytic Solver Platform

Queuing Theory

Decision Analysis

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Exam 15: Project Management Online

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -A weakness of Gantt charts is that they do not explicitly

What are the immediate successors of activity D in this network? ​ ​

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -Slack represents the amount of time by which an activity can be delayed without delaying the entire project, assuming that

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -What is the earliest start time for activity D in the following diagram? ​ ​

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -In a PERT network the time required to complete a path is a(n)

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Slack for activity I is computed as

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -The purpose of the backward pass in the Critical Path Method (CPM) technique is to

Exhibit 15.6 The following questions use the information below. Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity A to the node for activity C?

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. Identify each path through the network and its expected length.

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -The term "time zero" identifies

Exhibit 15.6 The following questions use the information below. Consider the CPM network for the following set of activities: -Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity F to the node for activity I?

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Non-critical activities are distinguished by the presence of

Introduction to Modeling and Decision Analysis

Introduction to Optimization and Linear Programming

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming Evolutionary Optimization

Regression Analysis

Data Mining

Time Series Forecasting

Introduction to Simulation Using Analytic Solver Platform

Queuing Theory

Decision Analysis

Filters

What are the immediate successors of activity D in this network?

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -What is the earliest start time for activity D in the following diagram?