Question 1

A forward pass through a network is used to determine the earliest start times and earliest finish times for each project activity.

Accepted Answer

A) True 
 B)False

Question 2

A seven activity project has the activity durations (in weeks)and costs shown in the table.The project manager has an overall budget of $20,000,what is the fastest completion time possible?

Accepted Answer

A)  29 weeks 
B)  28 weeks 
C)  27 weeks 
D)  26 weeks

Question 3

Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions.
 
-Refer to the scenario above.Suppose the duration of only one activity could be halved.Which activity should be halved to have the greatest impact on project completion time?

Accepted Answer

A)  F 
B)  B 
C)  E 
D)  D

Question 4

The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.You have been given a budget of $2,500 and instructed to complete the project as quickly as you can using that amount.Which activities do you expedite and what is the final cost of crashing and project duration?

Accepted Answer

The answer of The project represented by this network diagram...

Question 5

The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.What is the cheapest crash cost for the project if the contractor must complete all work in 45 days?

Accepted Answer

A)  $550 
B)  $950 
C)  $1150 
D)  $1450

Question 6

Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions.
 
-Refer to the scenario above.Which of these activities has the least slack?

Accepted Answer

A)  E 
B)  B 
C)  G 
D)  F

Question 7

The tablet unearthed by the archaeologist revealed an ancient culture's project plan. However, the sands of time had erased much of the information that the table once contained. Use this fragmentary record to unlock the ancient project's secrets and answer the following questions.
 
-Refer to the scenario above.What is the duration of activity H?

Accepted Answer

A)  7 weeks 
B)  8 weeks 
C)  9 weeks 
D)  10 weeks

Question 8

Most project management software represents a project in AON format.

Accepted Answer

A) True 
 B)False

Question 9

A project represented by the activities shown in this table must meet a deadline of 51 days.Sketch the network and determine the critical path.Using the crash costs and minimum activity lengths shown in the table,determine which activities to shorten and provide the total cost of finishing this project in 51 days.

Accepted Answer

The answer of A project represented by the activities shown...

Question 10

Given the earliest and latest finish times for each of these activities,what are the activity lengths?

Accepted Answer

The answer of Given the earliest and latest finish times...

Question 11

The Guide to the Project Management Body of Knowledge (PMBOK®)is divided into two main parts,the various business processes that organizations follow in carrying out projects and the nine knowledge areas applicable to nearly all projects.

Accepted Answer

A) True 
 B)False

Question 12

Key points in a project,such as when a major activity or phase should be completed,are referred to as lodestones.

Accepted Answer

A) True 
 B)False

Question 13

________ is a technique to shorten the overall length of the project that usually involves a trade-off between time and cost.

Accepted Answer

The answer of ________ is a technique to shorten the...

Question 14

A hatmaker, fresh off a very successful showing at Lidzapalooza is excited about the prospects of providing the finest chapeaus to meet the needs of his energized customer base in the coming year. He and his space designer have identified seven activities that are necessary to expand his small shop. For the sake of simplicity, and to avoid giving away any trade secrets, the activities have been identified by letters A-G. The activities, their time estimates, and the precedence requirements structure are listed in the table immediately below. Use this table to answer the following questions.
 
-Refer to the scenario above.What are the earliest and latest start and finish times for all of these activities?

Accepted Answer

The answer of A hatmaker, fresh off a very successful...

Question 15

Complete this table containing earliest and latest start times and activity lengths.

Accepted Answer

The answer of Complete this table containing earliest and latest...

Question 16

Crashing a project refers to the technique that minimizes completion time of the project.

Accepted Answer

A) True 
 B)False

Question 17

The project shown below has crash costs as shown in the table.What is the minimum completion cost for this project that has a fixed cost of $1,000 per day?

Accepted Answer

The answer of The project shown below has crash costs...

Question 18

The professional organization that serves the needs of project management professionals is ________.

Accepted Answer

The answer of The professional organization that serves the needs...

Question 19

The tablet unearthed by the archaeologist revealed an ancient culture's project plan. However, the sands of time had erased much of the information that the table once contained. Use this fragmentary record to unlock the ancient project's secrets and answer the following questions.
 
-Refer to the scenario above.What is the earliest start time for activity H?

Accepted Answer

A)  Week 14 
B)  Week 15 
C)  Week 16 
D)  Week 17

Question 20

Construction of the cattery could be distilled to eight distinct steps, from the official groundbreaking ceremony to the cutting of the litterbox ribbon. The activities, their durations and predecessors are shown in the table below. Use this scenario to answer the following questions.
 
-Refer to the scenario above.One activity has identical earliest finish and latest start times.What is the common number for this unusual activity?

Accepted Answer

A)  17 
B)  18 
C)  21 
D)  29

Exam 14: Managing Projects

A forward pass through a network is used to determine the earliest start times and earliest finish times for each project activity.

A seven activity project has the activity durations (in weeks) and costs shown in the table.The project manager has an overall budget of $20,000,what is the fastest completion time possible?

The project represented by this network diagram has activity lengths in days and crash costs as shown in the table.What is the cheapest crash cost for the project if the contractor must complete all work in 45 days?

Most project management software represents a project in AON format.

Given the earliest and latest finish times for each of these activities,what are the activity lengths?

The Guide to the Project Management Body of Knowledge (PMBOK®)is divided into two main parts,the various business processes that organizations follow in carrying out projects and the nine knowledge areas applicable to nearly all projects.

Key points in a project,such as when a major activity or phase should be completed,are referred to as lodestones.

________ is a technique to shorten the overall length of the project that usually involves a trade-off between time and cost.

Complete this table containing earliest and latest start times and activity lengths.

Crashing a project refers to the technique that minimizes completion time of the project.

The project shown below has crash costs as shown in the table.What is the minimum completion cost for this project that has a fixed cost of $1,000 per day?

The professional organization that serves the needs of project management professionals is ________.