Question 1

In "crashing",a project manager will generally focus on activities which:

Accepted Answer

A)   are not on the critical path.
B)   are the least costly to crash.
C)   are costly to crash and are on the critical path.
D)   are on the critical path and are the least costly to crash.
E)   none of the choices are correct.F) B) and E)
G) A) and B)

Question 2

-What are the estimated expected (mean)durations (in weeks)for activities A-H?

Accepted Answer

15; 20; 10; 35; 25; 30; 20; 5

Question 3

Determine the amount of slack in each of a project's activities (see the list below),and identify those which are on the critical path.

Accepted Answer

The answer of Determine the amount of slack in each...

Question 4

What is the estimated slack time for the path B-D-F?

Accepted Answer

A)   0 days
B)   30 days
C)   40 days
D)   50 days
E)   100 daysF) A) and E)
G) B) and D)

Question 5

The standard deviation of the duration of the critical path is equal to the square root of the sum of the variances of all of the activities on the critical path.

Accepted Answer

A) True 
 B)False

Question 6

Consecutive activities on the same path have shared slack,which means if activities are delayed,the amount of slack remaining is reduced for all these activities without delaying completion of the project.

Accepted Answer

A) True 
 B)False

Question 7

The standard deviation of a project duration is equal to the sum of the variances of all the activities of the project.

Accepted Answer

A) True 
 B)False

Question 8

The principal advantage a Gantt chart has over other project scheduling techniques is:

Accepted Answer

A)   its ability to reveal relationships among activities.
B)   it illustrates multiple paths as a project network.
C)   it focuses on the critical path.
D)   its simplicity.
E)   both cost and time are included in the chart.F) C) and D)
G) All of the above

Question 9

The latest starting time for an activity is equal to the latest finish time minus the activity time.

Accepted Answer

A) True 
 B)False  True

Question 10

Which of the following is not a form of risk reduction in project management?

Accepted Answer

A)   Backup systems
B)   Outsourcing components of the project
C)   Frequent monitoring of project activities
D)   Expand the project scope to reduce external dependencies
E)   Improving communicationsF) A) and B)
G) A) and C)

Question 11

The project management strategy of injecting additional resources in order to reduce the length of the project is called:

Accepted Answer

A)   expediting.
B)   rushing.
C)   panicking.
D)   crashing.
E)   none of the choices are correct.F) All of the above
G) A) and D)

Question 12

A hierarchical listing of what must be done during the project is called:

Accepted Answer

A)   work breakdown structure (WBS) .
B)   program evaluation and review technique (PERT) .
C)   planning matrix.
D)   crashing.
E)   critical path method (CPM) .F) A) and B)
G) C) and E)

Question 13

What is the estimated standard deviation of the duration for activity E?

Accepted Answer

A)   2 days
B)   3 days
C)   4 days
D)   16 days
E)   24 daysF) C) and D)
G) B) and C)

Question 14

-What is the critical path for this project network?

Accepted Answer

The answer of 
-What is the critical path for this...

Question 15

The life cycle of a project includes which of the following phases?
I.Initiation
II.Planning and scheduling
III.Growth and maturity
IV.Closeout

Accepted Answer

A)   I and II only
B)   II and III only
C)   I, II, and IV only
D)   II, III, and IV only
E)   I, II, III, and IVF) B) and C)
G) None of the above

Question 16

A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity te is:

Accepted Answer

A)   7.0
B)   7.5
C)   8.0
D)   8.5
E)   10.0F) A) and D)
G) A) and C)

Question 17

What is the probability that this project will be completed within 205 days?

Accepted Answer

A)   0.6826
B)   0.8413
C)   0.9544
D)   0.9772
E)   0.9987F) A) and B)
G) A) and E)

Question 18

What is the estimated slack time for the path A-D-F?

Accepted Answer

A)   0 days
B)   20 days
C)   40 days
D)   60 days
E)   100 daysF) All of the above
G) A) and B)

Question 19

Purchase planning is typically outside the scope of project planning activities.

Accepted Answer

A) True 
 B)False

Question 20

In the probabilistic approach to precedence network analysis,the duration estimate annotated "tm" for any activity is the:

Accepted Answer

A)   mean duration.
B)   median duration.
C)   most likely duration.
D)   optimistic duration.
E)   pessimistic duration.F) B) and D)
G) A) and D) C

Exam 17: Project Management

In "crashing",a project manager will generally focus on activities which:

Correct AnswerverifiedShow Answer

-What are the estimated expected (mean)durations (in weeks)for activities A-H?

Correct Answerverified15; 20; 10; 35; 25; 30; 20; 5

Determine the amount of slack in each of a project's activities (see the list below),and identify those which are on the critical path.

Correct AnswerverifiedShow Answer

What is the estimated slack time for the path B-D-F?

Correct AnswerverifiedShow Answer

The standard deviation of the duration of the critical path is equal to the square root of the sum of the variances of all of the activities on the critical path.

Correct AnswerverifiedShow Answer

Consecutive activities on the same path have shared slack,which means if activities are delayed,the amount of slack remaining is reduced for all these activities without delaying completion of the project.

Correct AnswerverifiedShow Answer

The standard deviation of a project duration is equal to the sum of the variances of all the activities of the project.

Correct AnswerverifiedShow Answer

The principal advantage a Gantt chart has over other project scheduling techniques is:

Correct AnswerverifiedShow Answer

The latest starting time for an activity is equal to the latest finish time minus the activity time.

Correct AnswerverifiedTrue

Which of the following is not a form of risk reduction in project management?

Correct AnswerverifiedShow Answer

The project management strategy of injecting additional resources in order to reduce the length of the project is called:

Correct AnswerverifiedShow Answer

A hierarchical listing of what must be done during the project is called:

Correct AnswerverifiedShow Answer

What is the estimated standard deviation of the duration for activity E?

Correct AnswerverifiedShow Answer

-What is the critical path for this project network?

Correct AnswerverifiedShow Answer

The life cycle of a project includes which of the following phases? I.Initiation II.Planning and scheduling III.Growth and maturity IV.Closeout

Correct AnswerverifiedShow Answer

A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity te is:

Correct AnswerverifiedShow Answer

What is the probability that this project will be completed within 205 days?

Correct AnswerverifiedShow Answer

What is the estimated slack time for the path A-D-F?

Correct AnswerverifiedShow Answer

Purchase planning is typically outside the scope of project planning activities.

Correct AnswerverifiedShow Answer

In the probabilistic approach to precedence network analysis,the duration estimate annotated "tm" for any activity is the:

Correct AnswerverifiedC

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15; 20; 10; 35; 25; 30; 20; 5

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True

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A PERT/CPM activity has an optimistic duration estimate of 3 days,a most likely duration estimate of 8 days,and a pessimistic duration estimate of 10 days.The expected duration of this activity t_e is:

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C