Question 1

Project management at the Tour de France races can be complex because:

Accepted Answer

A) a team is like a "large travelling circus." 
B) there is a wide variety of support staff. 
C) there are races being held simultaneously. 
D) each team has over two dozen riders. 
E) all of the above 
A) a team is like a "large travelling circus." 
B) there is a wide variety of support staff. 
C) there are races being held simultaneously. 
D) each team has over two dozen riders. 
E) all of the above

Question 2

Identify the responsibilities of project managers.

Accepted Answer

Project managers are directly responsibl

Question 3

The critical path can be determined by use of either the "forward pass" or the "backward pass."

Accepted Answer

A) True 
 B)False

Question 4

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

Accepted Answer

A) Normal 
B) Beta 
C) Alpha 
D) Gaussian 
E) Binomial 
A) Normal 
B) Beta 
C) Alpha 
D) Gaussian 
E) Binomial

Question 5

A(n)________ divides a project into more and more detailed components.

Accepted Answer

work break

Question 6

Which of the following statements concerning CPM activities is false?

Accepted Answer

A) The early finish of an activity is the early start of that activity plus its duration. 
B) The late finish is the earliest of the late start times of all successor activities. 
C) The late start of an activity is its late finish less its duration. 
D) The late finish of an activity is the earliest late start of all preceding activities. 
E) The early start of an activity is the latest early finish of all preceding activities. 
A) The early finish of an activity is the early start of that activity plus its duration. 
B) The late finish is the earliest of the late start times of all successor activities. 
C) The late start of an activity is its late finish less its duration. 
D) The late finish of an activity is the earliest late start of all preceding activities. 
E) The early start of an activity is the latest early finish of all preceding activities.

Question 7

Which of the following statements regarding PERT times is true?

Accepted Answer

A) The expected time is an estimate of the time an activity will require if everything goes as planned. 
B) The optimistic time estimate is an estimate of the maximum time an activity will require. 
C) The expected time estimate is calculated as t = (a + 4m + b)/6. 
D) The pessimistic time estimate is an estimate of the minimum time an activity will require. 
E) The most likely time estimate is an estimate of the maximum time an activity will require. 
A) The expected time is an estimate of the time an activity will require if everything goes as planned. 
B) The optimistic time estimate is an estimate of the maximum time an activity will require. 
C) The expected time estimate is calculated as t = (a + 4m + b)/6. 
D) The pessimistic time estimate is an estimate of the minimum time an activity will require. 
E) The most likely time estimate is an estimate of the maximum time an activity will require.

Question 8

A network has been crashed to the point where all activities are critical.Additional crashing:

Accepted Answer

A) is unnecessary. 
B) is impossible. 
C) is prohibitively expensive. 
D) may require crashing multiple tasks simultaneously. 
E) can be done,but all critical tasks must be reduced in duration. 
A) is unnecessary. 
B) is impossible. 
C) is prohibitively expensive. 
D) may require crashing multiple tasks simultaneously. 
E) can be done,but all critical tasks must be reduced in duration.

Question 9

The time an activity will take assuming very unfavorable conditions is:

Accepted Answer

A) the optimistic time. 
B) the pessimistic time. 
C) the activity variance. 
D) the minimum time. 
E) exactly twice as long as the expected time. 
A) the optimistic time. 
B) the pessimistic time. 
C) the activity variance. 
D) the minimum time. 
E) exactly twice as long as the expected time.

Question 10

Which of the following is NOT a limitation of PERT?

Accepted Answer

A) Project activities have to be clearly defined,independent,and stable in their relationships. 
B) Precedence relationships must be specified and networked together. 
C) Only one time estimate can be used for each activity. 
D) Time estimates tend to be subjective and are subject to fudging by managers. 
E) There is the inherent danger of placing too much emphasis on the critical path. 
A) Project activities have to be clearly defined,independent,and stable in their relationships. 
B) Precedence relationships must be specified and networked together. 
C) Only one time estimate can be used for each activity. 
D) Time estimates tend to be subjective and are subject to fudging by managers. 
E) There is the inherent danger of placing too much emphasis on the critical path.

Question 11

A project being analyzed by PERT has 60 activities,13 of which are on the critical path.If the estimated time along the critical path is 214 days with a project variance of 100,what is the probability that the project will take 224 days or more to complete?

Accepted Answer

A) near zero 
B) 0.0126 
C) 0.1587 
D) 0.8413 
E) 2.14 
A) near zero 
B) 0.0126 
C) 0.1587 
D) 0.8413 
E) 2.14

Question 12

A simple CPM network has three activities,D,E,and F.D is an immediate predecessor of E and of F.E is an immediate predecessor of F.The activity durations are D=4,E=3,F=8.

Accepted Answer

A) The critical path is D-E-F,duration 15. 
B) The critical path is D-F,duration 12. 
C) Slack at D is 3 periods. 
D) Slack at E is 3 periods. 
E) Both A and C are true. 
A) The critical path is D-E-F,duration 15. 
B) The critical path is D-F,duration 12. 
C) Slack at D is 3 periods. 
D) Slack at E is 3 periods. 
E) Both A and C are true.

Question 13

WBS stands for which of the following project management tools?

Accepted Answer

A) work break schedule 
B) work breakdown status 
C) work breakdown schedule 
D) work breakdown structure 
E) work break status 
A) work break schedule 
B) work breakdown status 
C) work breakdown schedule 
D) work breakdown structure 
E) work break status

Question 14

Ethical issues that may arise in projects large and small include:

Accepted Answer

A) gifts from contractors. 
B) exaggerated expense reports. 
C) compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D) pressure to mask delays with false status reports. 
E) all of the above. 
A) gifts from contractors. 
B) exaggerated expense reports. 
C) compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D) pressure to mask delays with false status reports. 
E) all of the above.

Question 15

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64.There is a .90 probability that the project will be completed before approximately day:

Accepted Answer

A) 98. 
B) 108. 
C) 109. 
D) 115. 
E) 118. 
A) 98. 
B) 108. 
C) 109. 
D) 115. 
E) 118.

Question 16

What is the objective of critical path analysis?

Accepted Answer

Critical path analysis determines the lo

Question 17

A PERT project has 45 activities,19 of which are on the critical path.The estimated time for the critical path is 120 days.The sum of all activity variances is 64,while the sum of variances along the critical path is 36.What is the probability that the project can be completed between days 108 and 120?

Accepted Answer

A) -2.00 
B) 0.0227 
C) 0.1058 
D) 0.4773 
E) 0.9773 
A) -2.00 
B) 0.0227 
C) 0.1058 
D) 0.4773 
E) 0.9773

Question 18

Three critical path activities are candidates for crashing on a CPM network.Activity details are in the table below.
   a.What is the crash cost per unit time for each of the three activities?
b.Which activity should be crashed first to cut one day from the project's duration;how much is added to project cost?
c.Which activity should be the next activity crashed to cut a second day from the project's duration;how much is added to project cost?

Accepted Answer

(a)crash cost X = $1,000 per d

Question 19

Activity D on a CPM network has predecessors B and C,and has successor F.D has duration 6.B's earliest finish is 18,while C's is 20.F's late start is 26.Which of the following is definitely true?

Accepted Answer

A) B is a critical activity. 
B) C is completed before B. 
C) D has no slack but is not critical. 
D) D is critical,and has zero slack. 
E) F is critical,and has zero slack. 
A) B is a critical activity. 
B) C is completed before B. 
C) D has no slack but is not critical. 
D) D is critical,and has zero slack. 
E) F is critical,and has zero slack.

Question 20

The ________ is a project management technique using only one time factor per activity that enables managers to schedule,monitor,and control large and complex projects.

Accepted Answer

critical p

Exam 3: Project Management

Project management at the Tour de France races can be complex because:

Identify the responsibilities of project managers.

The critical path can be determined by use of either the "forward pass" or the "backward pass."

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

A(n)________ divides a project into more and more detailed components.

Which of the following statements concerning CPM activities is false?

Which of the following statements regarding PERT times is true?

A network has been crashed to the point where all activities are critical.Additional crashing:

The time an activity will take assuming very unfavorable conditions is:

Which of the following is NOT a limitation of PERT?

A project being analyzed by PERT has 60 activities,13 of which are on the critical path.If the estimated time along the critical path is 214 days with a project variance of 100,what is the probability that the project will take 224 days or more to complete?

A simple CPM network has three activities,D,E,and F.D is an immediate predecessor of E and of F.E is an immediate predecessor of F.The activity durations are D=4,E=3,F=8.

WBS stands for which of the following project management tools?

Ethical issues that may arise in projects large and small include:

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64.There is a .90 probability that the project will be completed before approximately day:

What is the objective of critical path analysis?

Activity D on a CPM network has predecessors B and C,and has successor F.D has duration 6.B's earliest finish is 18,while C's is 20.F's late start is 26.Which of the following is definitely true?

The ________ is a project management technique using only one time factor per activity that enables managers to schedule,monitor,and control large and complex projects.

Operations and Productivity

Operations Strategy in a Global Environment

Forecasting

Design of Goods and Services

Managing Quality

Process Strategy

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Material Requirements Planning Mrpand ERP

Short-Term Scheduling

Lean Operations

Maintenance and Reliability

Sustainability in the Supply Chain

Statistical Process Control

Capacity and Constraint Management

Supply Chain Management Analytics

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

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