Exam 8: Project Management

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Given the following information for a project, draw the AON (Activity-On-Node) project network. Activity Immediate Processor Activity Time (days) A - 6 B - 8 C A, B 5 D B 4 E C 7 F C, D 3 G D 6 H E, F, G 5

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A work breakdown structure breaks down a project into

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The diagram below shows the activities on the nodes, and the table shows the normal time and crash time (in days) and cost for each activity.  The diagram below shows the activities on the nodes, and the table shows the normal time and crash time (in days) and cost for each activity.       \begin{array} { | c | c | c | c | }  \hline \text { Activity } & \text { Normal Time } & \text { Crash Time } & \begin{array} { c }  \text { Cost per day } \\ \text { to crash } \end{array} \\ \hline \text { A } & 6 & 6 & - - - \\ \hline \text { B } & 10 & 8 & \$ 100 \\ \hline \text { C } & 5 & 4 & \$ 300 \\ \hline \text { D } & 4 & 1 & \$ 700 \\ \hline \text { E } & 9 & 7 & \$ 500 \\ \hline \text { F } & 2 & 1 & \$ 650 \\ \hline \end{array}  -Which activity should be crashed to reduce the project completion by 2 days? Activity Normal Time Crash Time Cost per day to crash A 6 6 --- B 10 8 \ 100 C 5 4 \ 300 D 4 1 \ 700 E 9 7 \ 500 F 2 1 \ 650 -Which activity should be crashed to reduce the project completion by 2 days?

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A list of the tasks, broken down into modules, components, and individual tasks, is called a

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Establishing precedence relationships is an element of project planning.

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A dummy activity is used to show a precedence relationship, but it does not represent a

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The advantage of a Gantt chart over other charts is its

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If an activity cannot be delayed without affecting the entire project, then it is a ________ activity.

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In PERT, the project variance is the sum of the variance of all project activities.

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Consider the following network. Consider the following network.    -How long will it take to complete the project? -How long will it take to complete the project?

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In PERT, the expected project completion time is assumed to be distributed according to a beta distribution.

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Joe used a project management software package and has determined the following results for a given project.: Expected completion time of the project = 22 days Variance of project completion time = 2.77 What is the probability of completing the project over 20 days?

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Refer to the table below to answer the question(s) that follow: ~~~~~~~~~~~~~~~~~~~~~~~~~Activity~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Times~ (weeks)\\ \begin{array}{c} \text { Activity } & \text { Predecessor } & \text { Optimistic } & \text { Most Likely } & \text { Pessimi } \\ \hline \text { A } & --- & 9 & 15 & 21 \\ \text { B } & --- & 13 & 21 & 23 \\ \text { C } & \text { A } & 6 & 9 & 18 \\ \text { D } & \text { A } & 23 & 35 & 47 \\ \text { E } & \text { B } & 19 & 26 & 27 \\ \text { F } & \text { C } & 23 & 29 & 41 \\ \text { G } & \text { D,E } & 14 & 20 & 26 \\ \text { H } & \text { F,G } & 2 & 5 & 8 \end{array} -What is the probability that the critical path for this project will be completed within 80 weeks?

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The LS and LF are calculated using the

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Consider the following project. Activity Immediate Processor Activity Time (days) A - 6 B - 8 C A, B 5 D B 4 E C 7 F C, D 3 G D 6 H E, F, G 5 -Determine the slack for activity F.

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A PERT/CPM activity has an optimistic time estimate of 4 days, a most likely time estimate of 6 days, and a pessimistic time estimate of 10 days. The expected time (in days) of this activity is:

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The critical path is the ________ path through the network.

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A PERT/CPM activity has an optimistic time estimate of 4 days, a most likely time estimate of 6 days, and a pessimistic time estimate of 10 days. The standard deviation of this activity is:

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An AON network will never require dummy activities.

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Shortening the project's duration by deleting unnecessary activities is called crashing.

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