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
Exam 4: Linear Programming: Modeling Examples90 Questions
Exam 5: Integer Programming107 Questions
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
Exam 11: Probability and Statistics152 Questions
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
Exam 18: Transportation and Assignment Solution Methods86 Questions
Exam 19: Integer Programming: the Branch and Bound Method63 Questions
Exam 20: Nonlinear Programming: Solution Techniques55 Questions
Exam 21: Game Theory64 Questions
Exam 22: Markov Analysis64 Questions
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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
-Determine which activities should be crashed to shorten the project by 1 day.
(Short Answer)
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The critical path is the longest path through the project network.
(True/False)
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A work breakdown structure breaks down a project into subcomponents, components, activities, and tasks.
(True/False)
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Consider the following project.
Activity Imunediate Predecessor Activity Time (drys) A -- 3 -- 4 4 6 5 , 4 7
-What is the latest time that activity B can finish without delaying any other activities?
(Multiple Choice)
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Slack is the amount of time an activity can be delayed without delaying the project.
(True/False)
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Given the following information for a project, what are the estimated slack times (in weeks) for activities A-H?
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
CP = Critical Path
(Essay)
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Once a project is underway, the project manager is responsible for the
(Multiple Choice)
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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 75 weeks?
(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
-Determine the slack for activity D.
(Multiple Choice)
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An element of project planning is to compare the project schedule objectives.
(True/False)
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A statement of work is a written description of the goals, work, and time frame of a project.
(True/False)
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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
-Determine which activities should be crashed to shorten the project by 2 days.
(Short Answer)
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When applying linear programming models to project planning, the objective is to minimize ________.
(Short Answer)
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A PERT/CPM activity has an optimistic time estimate of 3 days, a most likely time estimate of 8 days, and a pessimistic time estimate of 10 days. The expected time (in days) of this activity is:
(Multiple Choice)
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The standard deviation of project duration is the average of the standard deviation of all activities on the critical path.
(True/False)
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