Question 1

The main function of dummy activities is to clarify relationships in network diagrams.

Accepted Answer

A) True 
 B)False

Question 2

In which phase of the project life cycle is the work conducted?

Accepted Answer

A)  initiating
B)  planning
C)  executing
D)  monitoring and controlling
E)  closingF) A) and D)
G) A) and E)

Question 3

Which of the following is not true about the use of dummy activities in project networking?

Accepted Answer

A)  They preserve the separate identities of activities.
B)  They clarify precedence relationships among activities.
C)  They have an activity time equal to zero.
D)  They have an activity time variance equal to zero.
E)  They are used in activities-on-nodes (AON) network diagrams.F) A) and B)
G) A) and C)

Question 4

The network diagram shows sequential relationships among major activities on a project.

Accepted Answer

A) True 
 B)False

Question 5

A project is represented by the following diagram:  The expected duration of this project is:

Accepted Answer

A)  12.
B)  17.
C)  20.
D)  36.
E)  77.F) C) and D)
G) B) and C)

Question 6

Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is

Accepted Answer

A)  0.
B)  1.
C)  4.
D)  5.
E)  9.F) A) and D)
G) A) and E)

Question 7

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

Accepted Answer

A)  the mean and variance of every activity
B)  the mean and variance of activities on the critical path
C)  the standard deviation of activities on the critical path
D)  each activity's probability of completion
E)  the distribution of activity timesF) C) and D)
G) A) and B)

Question 8

Which of the following is not an element of the project management triangle?

Accepted Answer

A)  cost
B)  schedule
C)  resources
D)  quality
E)  performance objectivesF) C) and D)
G) B) and D)

Question 9

If two consecutive activities on the same path each have two days of activity slack, this means that each of them can be delayed by two days without delaying the project.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following leads to simulation being a useful tool with uncertain activity times?

Accepted Answer

A)  paths that are not independent
B)  networks with each activity on only one path
C)  activity times that cannot be crashed
D)  noncritical paths that have no variability
E)  critical paths with activities with deterministic time estimatesF) A) and E)
G) None of the above

Question 11

Consider the portion of a project depicted by this graph:  What is the earliest finish time for activity 10-11 (far right-hand side) if the earliest start time of 8-10 (upper left-hand side) is 12 and the earliest start time of 9-10 (lower left-hand side) is 13?

Accepted Answer

A)  22
B)  23
C)  24
D)  25
E)  26F) A) and B)
G) A) and C)

Question 12

Deterministic networks use three time estimates-shortest, most likely, and longest-for each activity in order to best determine the activity's estimated time.

Accepted Answer

A) True 
 B)False

Question 13

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to

Accepted Answer

A)  2.
B)  4.
C)  8.
D)  16.
E)  64.F) A) and D)
G) C) and D)

Question 14

The basis for use of the beta distribution in PERT is

Accepted Answer

A)  essentially theoretical.
B)  its features that make it attractive in practice.
C)  its symmetry.
D)  It is bimodal.
E)  It can easily be converted to a normal distribution.F) A) and E)
G) C) and D)

Question 15

Given this information about activity 3-4: ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associated with the activity is

Accepted Answer

A)  0.
B)  1.
C)  5.
D)  6.
E)  11.F) A) and E)
G) C) and E)

Question 16

Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.

Accepted Answer

A) True 
 B)False

Question 17

The higher the node number, the longer the activity will take.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is not characteristic of good risk management?

Accepted Answer

A)  estimating the likelihood of chance events occurring
B)  planning to eliminate chance events
C)  identifying potential chance events
D)  formulating contingency plans for chance events
E)  analyzing the consequences of chance eventsF) All of the above
G) C) and E)

Question 19

Which of the following are advantages of PERT and CPM?
(I) It is visual.(II) It is automatically updated.(III) Activities that need to be watched closely can be identified.

Accepted Answer

A)  I and II
B)  II and III
C)  III only
D)  I and III
E)  I, II, and IIIF) B) and E)
G) C) and E)

Question 20

Consider the following work breakdown structure:

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

Accepted Answer

A)  .6826
B)  .8413
C)  .9544
D)  .9772
E)  .9987F) A) and D)
G) C) and D)

Exam 17: Project Management

Which of the following are advantages of PERT and CPM? (I) It is visual.(II) It is automatically updated.(III) Activities that need to be watched closely can be identified.

Correct AnswerverifiedShow Answer

The higher the node number, the longer the activity will take.

Correct AnswerverifiedShow Answer

Which of the following is not an element of the project management triangle?

Correct AnswerverifiedShow Answer

The main function of dummy activities is to clarify relationships in network diagrams.

Correct AnswerverifiedShow Answer

Consider the portion of a project depicted by this graph: What is the earliest finish time for activity 10-11 (far right-hand side) if the earliest start time of 8-10 (upper left-hand side) is 12 and the earliest start time of 9-10 (lower left-hand side) is 13?

Correct AnswerverifiedShow Answer

Which of the following is not characteristic of good risk management?

Correct AnswerverifiedShow Answer

The basis for use of the beta distribution in PERT is

Correct AnswerverifiedShow Answer

Deterministic networks use three time estimates-shortest, most likely, and longest-for each activity in order to best determine the activity's estimated time.

Correct AnswerverifiedShow Answer

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

Correct AnswerverifiedShow Answer

Activity C has an early start time of 8, an early finish time of 12, a latest start time of 13, and a latest finish time of 17. Its slack is

Correct AnswerverifiedShow Answer

Which of the following is not true about the use of dummy activities in project networking?

Correct AnswerverifiedShow Answer

There are four activities on the critical path. Coincidentally, their standard deviations are all equal to 4. The standard deviation of the critical path is therefore equal to

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the probability that this project will be completed within 205 days?

Correct AnswerverifiedShow Answer

Which of the following leads to simulation being a useful tool with uncertain activity times?

Correct AnswerverifiedShow Answer

Given this information about activity 3-4: ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associated with the activity is

Correct AnswerverifiedShow Answer

The network diagram shows sequential relationships among major activities on a project.

Correct AnswerverifiedShow Answer

Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.

Correct AnswerverifiedShow Answer

A project is represented by the following diagram: The expected duration of this project is:

Correct AnswerverifiedShow Answer

In which phase of the project life cycle is the work conducted?

Correct AnswerverifiedShow Answer

If two consecutive activities on the same path each have two days of activity slack, this means that each of them can be delayed by two days without delaying the project.

Correct AnswerverifiedShow Answer

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