Exam 8: Project Management
Exam 1: Management Science121 Questions
Exam 2: Linear Programming: Model Formulation and Graphical Solution122 Questions
Exam 3: Linear Programming: Computer Solution and Sensitivity Analysis95 Questions
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Exam 6: Transportation, Transshipment, and Assignment Problems98 Questions
Exam 7: Network Flow Models104 Questions
Exam 8: Project Management116 Questions
Exam 9: Multicriteria Decision Making103 Questions
Exam 10: Nonlinear Programming72 Questions
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Exam 12: Decision Analysis122 Questions
Exam 13: Queuing Analysis123 Questions
Exam 14: Simulation100 Questions
Exam 15: Forecasting133 Questions
Exam 16: Inventory Management157 Questions
Exam 17: the Simplex Solution Method90 Questions
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Exam 20: Nonlinear Programming: Solution Techniques55 Questions
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Given the following information for a project, identify the critical path and determine the total completion time of the 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
(Essay)
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Project ________ is a method for shortening the project completion time by reducing the completion time of one or more critical activities at a cost.
(Short Answer)
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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.
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 time by one day?
(Multiple Choice)
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The expected project completion time is assumed to be normally distributed.
(True/False)
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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}
-Within what amount of time (in weeks) is there a 99% probability that the critical path for this project will be completed?
(Short Answer)
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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
-A dummy activity in a PERT network allows us to
(Multiple Choice)
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The activities that must be completed prior to the start of an activity in question are called the immediate ________ of the activity in question.
(Multiple Choice)
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When the earliest start time (ES) of an activity is subtracted from the latest start time (LS) of an activity, the value obtained is called ________.
(Short Answer)
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On an AOA diagram, a ________ represents the beginning and end of activities, referred to as events.
(Multiple Choice)
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Two concurrent activities in a project can be represented in an AOA network by starting and ending on the same node.
(True/False)
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The early start for a non-critical activity is always equal to the earliest finish of the preceding activity.
(True/False)
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Determining project completion time is an element of project planning.
(True/False)
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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 estimated completion time of the project.
(Multiple Choice)
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If the earliest finish for activity C is equal to 10 months and its duration 3 months, what is its earliest start?
(Short Answer)
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The expected project completion time is assumed to be ________ distributed based on the central limit theorem.
(Short Answer)
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Project teams are made up of individuals from various areas and departments within a company.
(True/False)
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The early finish for an activity on the critical path is equal to the latest finish of the preceding activity.
(True/False)
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