Exam 7: Project Management

Table 7.4 -Using Table 7.4,what is the early start time for activity D?

Using Table 7.5,every day the construction crew is on-site costs $1000.What activities would you consider crashing to reduce the project completion cost?

Which one of the following conditions violates the assumptions of PERT/CPM networks?

The normal cost is the amount of money it normally takes to complete an activity faster than its normal time.

The phase of project management that takes the most resources is the execution phase.

In making an estimate of the most pessimistic time for an activity,a manager deliberately estimates this time too high (i.e. ,longer than it should be).What is the result of this action,assuming the beta distribution is being used to make time estimates?

A relationship that determines the sequence for undertaking activities is a precedence relationship.

Information accuracy relative to the completeness of the work breakdown structure and communication of timely information affect the:

Table 7.14 You are responsible for managing a project with the following activities (times are given in weeks). -Using Table 7.14,if the expected time for activity C is changed to 12 weeks,by how many weeks will the project's expected completion time increase?

The following table contains a list of activities,with precedence requirements and crash costs.All start and finish times and crash costs are on a per-week basis. a.Determine the project cost and duration without crashing. b.Determine the least expensive project cost if the duration is to be 10% shorter than normal project duration. c.Determine the least expensive project cost if the duration is to be 20% shorter than normal project duration. d.Create a graph that shows project expediting cost plotted as a function of the reduction in project duration.

The optimistic time is the probable time required to perform the activity.

Table 7.9 -Using Table 7.9,what is the minimum time schedule for this project?

A Gantt chart is a project schedule that superimposes project activities on a time line.

Table 7.8 -Using Table 7.8,what is the critical path for this project using the normal times?

A(n)________ identifies the key threats to a project and prescribes ways to work around them.

Table 7.13 All activity times for the project are in weeks. -Using Table 7.13,what is the critical path of this project?

Table 7.8 -Using Table 7.8,what is the latest start time for activity E?

Fig.7.1 -For the network shown in Fig.7.1,which of the following is the critical path?

Table 7.4 -Using Table 7.4,what is the largest amount of slack that any activity in the project has?

Figure to accompany Table 7.7 Table 7.7 -What is the critical path for the project shown in the above network and Table 7.7,using the normal times?