Question 1

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.    
-Activities with zero slack

Accepted Answer

A)  are dummy activities 
B)  belong to the critical path 
C)  must be completed first 
D)  must be delayed 
A)  are dummy activities 
B)  belong to the critical path 
C)  must be completed first 
D)  must be delayed

Question 2

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 Project Management the early start (ES) and early finish (EF) times for each activity are determined by using a backward pass.

Accepted Answer

A) True 
 B)False

Question 3

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 I5 of the Model spreadsheet to compute Actual Time Between Starts?

Accepted Answer

=VLOOKUP(H5,$B$5:$D$

Question 4

The critical path is the ____ path throughout the network.

Accepted Answer

A)  longest 
B)  most expensive 
C)  shortest 
D)  least expensive 
A)  longest 
B)  most expensive 
C)  shortest 
D)  least expensive

Question 5

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. Modify the table above by completing the following table. For column 3, list only the immediate predecessors for each activity.

Accepted Answer

The answer of Exhibit 15.6
The following questions use the information...

Question 6

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.    
-For an activity with duration t, slack can be calculated as

Accepted Answer

A)  LF-EF 
B)  LF-t 
C)  LS+t 
D)  LS+ES 
A)  LF-EF 
B)  LF-t 
C)  LS+t 
D)  LS+ES

Question 7

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. Manually determine the earliest and latest start and finish times for each activity and the amount of slack for each activity. What is the critical path for the project and how long should it take to complete it?

Accepted Answer

​
​ @#IMG-DLM& ​
Cri

Question 8

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-A strength of Gantt charts is that they

Accepted Answer

A)  clearly portray precedence relationships. 
B)  model uncertainty in activity duration times. 
C)  provide a timeline-based, graphical view of when activities can begin and end. 
D)  clearly identifies the critical path. 
A)  clearly portray precedence relationships. 
B)  model uncertainty in activity duration times. 
C)  provide a timeline-based, graphical view of when activities can begin and end. 
D)  clearly identifies the critical path.

Question 9

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-Refer to Exhibit 15.2. Which of the following activities is not on the critical path for the network?

Accepted Answer

A)  Activity A 
B)  Activity C 
C)  Activity D 
D)  Activity G 
A)  Activity A 
B)  Activity C 
C)  Activity D 
D)  Activity G

Question 10

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.    
-The longest path through a network is comprised of the ____ activities.

Accepted Answer

A)  longest 
B)  essential 
C)  mandatory 
D)  critical 
A)  longest 
B)  essential 
C)  mandatory 
D)  critical

Question 11

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.    
-For an activity with duration t, slack can be calculated as

Accepted Answer

A)  LS-ES 
B)  LF-t 
C)  LS+t 
D)  LS+ES 
A)  LS-ES 
B)  LF-t 
C)  LS+t 
D)  LS+ES

Question 12

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

Accepted Answer

A)  significance relationships. 
B)  precedence relationships. 
C)  tasks to complete. 
D)  task times. 
A)  significance relationships. 
B)  precedence relationships. 
C)  tasks to complete. 
D)  task times.

Question 13

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.    
-Which of the following is true regarding projects?

Accepted Answer

A)  Projects can have a unique start activity and a unique finish activity. 
B)  Projects can have multiple start activities and a unique finish activity. 
C)  Projects can have multiple start and finish activities. 
D)  All of these are true regarding projects. 
A)  Projects can have a unique start activity and a unique finish activity. 
B)  Projects can have multiple start activities and a unique finish activity. 
C)  Projects can have multiple start and finish activities. 
D)  All of these are true regarding projects.

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.    
-The main difference between CPM and PERT is that

Accepted Answer

A)  CPM is deterministic and PERT is probabilistic 
B)  CPM is probabilisttic and PERT is deterministic 
C)  CPM is best for longer projects while PERT is best for shorter projects 
D)  CPM requires 3 duration estimates for each activity while PERT requires only one duration estimate for each activity 
A)  CPM is deterministic and PERT is probabilistic 
B)  CPM is probabilisttic and PERT is deterministic 
C)  CPM is best for longer projects while PERT is best for shorter projects 
D)  CPM requires 3 duration estimates for each activity while PERT requires only one duration estimate for each activity

Question 15

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

Accepted Answer

A-B-D-G = 19 DAYS
A-

Question 16

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 Gantt chart is a popular technique for portraying the schedule of a project's activities over time.

Accepted Answer

A) True 
 B)False

Question 17

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 CPM, the duration of the project

Accepted Answer

A)  is equal to the duration of the critical path 
B)  is determined by managers 
C)  is determined by investors 
D)  is determined by a supervising government agency 
A)  is equal to the duration of the critical path 
B)  is determined by managers 
C)  is determined by investors 
D)  is determined by a supervising government agency

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.    
-If we are employing Activity-On-Node (AON) network design, the arcs in the network diagram represent

Accepted Answer

A)  significance relationships. 
B)  precedence relationships. 
C)  tasks to complete. 
D)  task times. 
A)  significance relationships. 
B)  precedence relationships. 
C)  tasks to complete. 
D)  task times.

Question 19

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.    
-Shortening the activity completion time is called

Accepted Answer

A)  expediting 
B)  speeding 
C)  accelerating 
D)  crashing 
A)  expediting 
B)  speeding 
C)  accelerating 
D)  crashing

Question 20

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.    
-Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

Accepted Answer

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

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -Activities with zero slack

The critical path is the ____ path throughout the network.

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. Modify the table above by completing the following table. For column 3, list only the immediate predecessors for each activity.

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -A strength of Gantt charts is that they

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Refer to Exhibit 15.2. Which of the following activities is not on the critical path for the network?

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -For an activity with duration t, slack can be calculated as

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

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

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Shortening the activity completion time is called

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

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 15.1 The following questions employ the AON network and partial spreadsheet below. -Activities with zero slack

The critical path is the ____ path throughout the network.

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. Modify the table above by completing the following table. For column 3, list only the immediate predecessors for each activity.

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -A strength of Gantt charts is that they

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Refer to Exhibit 15.2. Which of the following activities is not on the critical path for the network?

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -For an activity with duration t, slack can be calculated as

If we are employing Activity-On-Arc (AOA) network design, the arcs in the network diagram represent

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

Exhibit 15.2 The following questions employ the AON network and completed spreadsheet below. -Shortening the activity completion time is called

Exhibit 15.1 The following questions employ the AON network and partial spreadsheet below. -Refer to Exhibit 15.1. What values are placed in cell C5 of the spreadsheet?

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