Question 1

Table 12-6 
-Which activities are part of Table 12-6's critical path?

Accepted Answer

A)   A-B-E-G-H
B)   A-C-E-G-H
C)   A-D-G-H
D)   B-F-H
E)   None of the above D

Question 2

Given the variability of the activity completion times, the original critical path we identify in our PERT analysis may not always be the actual critical path as the project takes place.

Accepted Answer

A) True 
 B)False

Question 3

In PERT/CPM, what is meant by the critical path?

Accepted Answer

the series of activities in a ...

Question 4

CPM

Accepted Answer

A)   assumes we do not know ahead of time what activities must be completed.
B)   assumes that activity time estimates follow the normal probability distribution.
C)   is a deterministic network technique that allows for project crashing.
D)   is a network technique that allows three time estimates for each activity in a project.
E)   None of the above

Question 5

Table 12-5 
-How long could Table 12-5's activity F be delayed without delaying the project?

Accepted Answer

A)   2
B)   3
C)   14
D)   16
E)   None of the above

Question 6

Reducing the overall activity time is based on which of the following steps?

Accepted Answer

A)   crashing activities with the lowest overall crash cost
B)   crashing activities with the lowest overall normal cost
C)   crashing activities on the critical path based on lowest overall cost
D)   crashing activities on the critical path based on lowest cost/week
E)   crashing activities with the lowest cost/week.

Question 7

The expected time in PERT is

Accepted Answer

A)   a weighted average of the most optimistic time, most pessimistic time, and four times the most likely time.
B)   the modal time of a beta distribution.
C)   a simple average of the most optimistic, most likely, and most pessimistic times.
D)   the square root of the sum of the variances of the activities on the critical path.
E)   None of the above

Question 8

Figure 12-1 
-Given the network in Figure 12-1, the time to complete those activities on the critical path is expected to be ________.

Accepted Answer

A)   20
B)   22
C)   25
D)   26
E)   None of the above

Question 9

PERT often assumes that time estimates follow which of the following probability distributions?

Accepted Answer

A)   normal
B)   exponential
C)   binomial
D)   Poisson
E)   None of the above

Question 10

CPM stands for Comprehensive Project Method.

Accepted Answer

A) True 
 B)False

Question 11

CPM is the acronym for what?

Accepted Answer

Critical P...

Question 12

PERT stands for Probabilistic Evaluation and Review Technique.

Accepted Answer

A) True 
 B)False

Question 13

Consider the project with the following estimates for activity times and precedence relationships:  (a) What is the expected duration of the project?
(b) What is the project variance?
(c) If the deadline of the project is 25 days, what is the probability of finishing the project on time?

Accepted Answer

(a) 23
(b)...

Question 14

One of the most significant benefits of PERT is that it forces the project manager to sit down and plan the project in great detail-and thus come to an understanding of relationships between the activities.

Accepted Answer

A) True 
 B)False  True

Question 15

The project described by:  has a critical path of length of ________.

Accepted Answer

A)   15 days
B)   20 days
C)   17 days
D)   18 days
E)   None of the above

Question 16

In PERT, the earliest start time for an activity is equal to the latest of the earliest finish times of all of its immediate predecessors.

Accepted Answer

A) True 
 B)False

Question 17

The three time estimates employed in PERT are optimistic time, average time, and pessimistic time.

Accepted Answer

A) True 
 B)False

Question 18

Slack is the time an activity can be delayed without impacting the completion time of the project.

Accepted Answer

A) True 
 B)False

Question 19

Table 12-5 
-How long could Table 12-5's activity E be delayed without delaying the completion of the project?

Accepted Answer

A)   7
B)   16
C)   11
D)   18
E)   None of the above C

Question 20

One PERT/COST assumption is that money is spent at a constant rate over the time taken to complete an activity.

Accepted Answer

A) True 
 B)False

Exam 12: Project Management

Table 12-6 -Which activities are part of Table 12-6's critical path?

Correct AnswerverifiedD

Given the variability of the activity completion times, the original critical path we identify in our PERT analysis may not always be the actual critical path as the project takes place.

Correct AnswerverifiedShow Answer

In PERT/CPM, what is meant by the critical path?

Correct Answerverifiedthe series of activities in a ...View AnswerShow Answer

CPM

Correct AnswerverifiedShow Answer

Table 12-5 -How long could Table 12-5's activity F be delayed without delaying the project?

Correct AnswerverifiedShow Answer

Reducing the overall activity time is based on which of the following steps?

Correct AnswerverifiedShow Answer

The expected time in PERT is

Correct AnswerverifiedShow Answer

Figure 12-1 -Given the network in Figure 12-1, the time to complete those activities on the critical path is expected to be ________.

Correct AnswerverifiedShow Answer

PERT often assumes that time estimates follow which of the following probability distributions?

Correct AnswerverifiedShow Answer

CPM stands for Comprehensive Project Method.

Correct AnswerverifiedShow Answer

CPM is the acronym for what?

Correct AnswerverifiedCritical P...View AnswerShow Answer

PERT stands for Probabilistic Evaluation and Review Technique.

Correct AnswerverifiedShow Answer

Consider the project with the following estimates for activity times and precedence relationships: (a) What is the expected duration of the project? (b) What is the project variance? (c) If the deadline of the project is 25 days, what is the probability of finishing the project on time?

Correct Answerverified(a) 23(b)...View AnswerShow Answer

One of the most significant benefits of PERT is that it forces the project manager to sit down and plan the project in great detail-and thus come to an understanding of relationships between the activities.

Correct AnswerverifiedTrue

The project described by: has a critical path of length of ________.

Correct AnswerverifiedShow Answer

In PERT, the earliest start time for an activity is equal to the latest of the earliest finish times of all of its immediate predecessors.

Correct AnswerverifiedShow Answer

The three time estimates employed in PERT are optimistic time, average time, and pessimistic time.

Correct AnswerverifiedShow Answer

Slack is the time an activity can be delayed without impacting the completion time of the project.

Correct AnswerverifiedShow Answer

Table 12-5 -How long could Table 12-5's activity E be delayed without delaying the completion of the project?

Correct AnswerverifiedC

One PERT/COST assumption is that money is spent at a constant rate over the time taken to complete an activity.

Correct AnswerverifiedShow Answer

Correct Answer
verified
D

Correct Answer
verified

Correct Answer
verified
the series of activities in a ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Critical P...
View Answer

Correct Answer
verified

Correct Answer
verified
(a) 23
(b)...
View Answer

Correct Answer
verified
True

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
C

Correct Answer
verified