Question 1

A project is an interrelated set of activities that has a definite starting and ending point.

Accepted Answer

A) True 
 B)False

Question 2

The savvy project manager knew there would be a high demand for finish carpenters in late October,so she started a crew early on one section of the house so they would be available to help elsewhere later on.This project manager is engaging in:

Accepted Answer

A) resource allocation. 
B) resource acquisition. 
C) resource scheduling. 
D) resource leveling. 
A) resource allocation. 
B) resource acquisition. 
C) resource scheduling. 
D) resource leveling.

Question 3

Heidi was part of a project team that retained their roles within the organization and was on loan to the project due to her technical expertise.In effect,she reported to two bosses,one in her functional area and also to the project manager.Heidi is operating within a(n)________ organizational structure.

Accepted Answer

The answer of Heidi was part of a project team...

Question 4

The ________ is the shortest possible time to complete the activity.

Accepted Answer

The answer of The ________ is the shortest possible time...

Question 5

What are the primary responsibilities of a Project Manager? Briefly describe these responsibilities for a project manager whose team is purchasing a new machine and installing it in a manufacturing process.

Accepted Answer

Best answers will include the following

Question 6

A project organization structure where team members are assigned to the project and work exclusively for the project manager is called:

Accepted Answer

A) a matrix structure. 
B) a fixed structure. 
C) a pure project structure. 
D) a functional structure. 
A) a matrix structure. 
B) a fixed structure. 
C) a pure project structure. 
D) a functional structure.

Question 7

You are given the following information about activity B:   What will it cost to complete activity B in 6 weeks?

Accepted Answer

A) less than or equal to $34,000 
B) greater than $34,000 but less than or equal to $36,000 
C) greater than $36,000 but less than or equal to $38,000 
D) greater than $38,000 
A) less than or equal to $34,000 
B) greater than $34,000 but less than or equal to $36,000 
C) greater than $36,000 but less than or equal to $38,000 
D) greater than $38,000

Question 8

Assuming a beta distribution is being used,if the most pessimistic time for an activity increases by six weeks,what will happen to the expected time for that activity?

Accepted Answer

A) It will increase by one week. 
B) It will decrease by one week. 
C) It will increase by six weeks. 
D) It will remain the same. 
A) It will increase by one week. 
B) It will decrease by one week. 
C) It will increase by six weeks. 
D) It will remain the same.

Question 9

________ determines the sequence for undertaking activities.

Accepted Answer

Precedence

Question 10

Using Table 7.5,how many days can activity C be delayed without changing the whole project's earliest completion time?

Accepted Answer

A) 0 days 
B) 2 days 
C) 5 days 
D) 7 days 
A) 0 days 
B) 2 days 
C) 5 days 
D) 7 days

Question 11

Table 7.8
  
-Using Table 7.8,what is the minimum crashing cost to finish this project in 18 days?

Accepted Answer

A) $3,450 
B) $850 
C) $1,150 
D) $1,500 
A) $3,450 
B) $850 
C) $1,150 
D) $1,500

Question 12

Table 7.3  
-Using Table 7.3,if the project manager wants at least a 98% probability that the project will be completed on or before the due date,what is the shortest project due date that will satisfy the manager?

Accepted Answer

A) fewer than or equal to 28 days 
B) greater than 28 days but fewer than or equal to 30 days 
C) greater than 30 days but fewer than or equal to 32 days 
D) greater than 32 days 
A) fewer than or equal to 28 days 
B) greater than 28 days but fewer than or equal to 30 days 
C) greater than 30 days but fewer than or equal to 32 days 
D) greater than 32 days

Question 13

Determine the information missing from Table 7.7;then answer the following questions.How many week(s)of crashing are available for activity D in Table 2.9?

Accepted Answer

A) 0 
B) 1 
C) 2 
D) 6 
A) 0 
B) 1 
C) 2 
D) 6

Question 14

To obtain the latest start and latest finish time in a network diagram,we must work forward through the network.

Accepted Answer

A) True 
 B)False

Question 15

________ is an attempt to reduce the peaks and valleys in resource needs by shifting the schedules of conflicting activities within their earliest and latest start dates.

Accepted Answer

The answer of ________ is an attempt to reduce the...

Question 16

The work breakdown structure is a statement of all work that has to be completed.

Accepted Answer

A) True 
 B)False

Question 17

Projects often cut across organizational lines.

Accepted Answer

A) True 
 B)False

Question 18

Table 7.14
You are responsible for managing a project with the following activities (times are given in weeks).
  
-Using Table 7.14,which activity has the largest standard deviation,and how large is that standard deviation?

Accepted Answer

A) Activity A;0.83 weeks 
B) Activity B;1.25 weeks 
C) Activity D;1.5 weeks 
D) Activity C;1.25 weeks 
A) Activity A;0.83 weeks 
B) Activity B;1.25 weeks 
C) Activity D;1.5 weeks 
D) Activity C;1.25 weeks

Question 19

Figure to accompany Table 7.1   Table 7.1
  
-Refer to the Figure to accompany Table 7.1.Which one of the following is the critical path?

Accepted Answer

A) ABDG 
B) ABEG 
C) ACEG 
D) ACFG 
A) ABDG 
B) ABEG 
C) ACEG 
D) ACFG

Question 20

To calculate the probability of completing a project by a certain date:

Accepted Answer

A) the expected completion time of the project is taken to be the sum of the activity times on the shortest path. 
B) the variance of the distribution of project completion times is taken to be one-sixth the difference between the latest finish time and the earliest finish time of the last activity in the project. 
C) we assume that the activity durations are independent of each other so that the normal distribution can be used. 
D) we need only the parameters of the beta distribution for the finish node of the diagram. 
A) the expected completion time of the project is taken to be the sum of the activity times on the shortest path. 
B) the variance of the distribution of project completion times is taken to be one-sixth the difference between the latest finish time and the earliest finish time of the last activity in the project. 
C) we assume that the activity durations are independent of each other so that the normal distribution can be used. 
D) we need only the parameters of the beta distribution for the finish node of the diagram.

Exam 7: Project Management

A project is an interrelated set of activities that has a definite starting and ending point.

The savvy project manager knew there would be a high demand for finish carpenters in late October,so she started a crew early on one section of the house so they would be available to help elsewhere later on.This project manager is engaging in:

The ________ is the shortest possible time to complete the activity.

What are the primary responsibilities of a Project Manager? Briefly describe these responsibilities for a project manager whose team is purchasing a new machine and installing it in a manufacturing process.

A project organization structure where team members are assigned to the project and work exclusively for the project manager is called:

You are given the following information about activity B: What will it cost to complete activity B in 6 weeks?

Assuming a beta distribution is being used,if the most pessimistic time for an activity increases by six weeks,what will happen to the expected time for that activity?

________ determines the sequence for undertaking activities.

Using Table 7.5,how many days can activity C be delayed without changing the whole project's earliest completion time?

Table 7.8 -Using Table 7.8,what is the minimum crashing cost to finish this project in 18 days?

Table 7.3 -Using Table 7.3,if the project manager wants at least a 98% probability that the project will be completed on or before the due date,what is the shortest project due date that will satisfy the manager?

Determine the information missing from Table 7.7;then answer the following questions.How many week(s)of crashing are available for activity D in Table 2.9?

To obtain the latest start and latest finish time in a network diagram,we must work forward through the network.

________ is an attempt to reduce the peaks and valleys in resource needs by shifting the schedules of conflicting activities within their earliest and latest start dates.

The work breakdown structure is a statement of all work that has to be completed.

Projects often cut across organizational lines.

Table 7.14 You are responsible for managing a project with the following activities (times are given in weeks). -Using Table 7.14,which activity has the largest standard deviation,and how large is that standard deviation?

Figure to accompany Table 7.1 Table 7.1 -Refer to the Figure to accompany Table 7.1.Which one of the following is the critical path?

To calculate the probability of completing a project by a certain date:

Using Operations to Create Value

Process Strategy and Analysis

Quality and Performance

Capacity Planning

Constraint Management

Lean Systems

Forecasting

Inventory Management

Operations Planning and Scheduling

Resource Planning

Supply Chain Design

Supply Chain Logistic Networks

Supply Chain Integration

Supply Chain Sustainability

Decision Making

Waiting Lines

Special Inventory Models

Linear Programming

Simulation

Financial Analysis

Acceptance Sampling Plans

Measuring Output Rates

Learning Curve Analysis

Operations Scheduling

Layout

Filters