Question 1

What is the estimated expected (mean)  time for activity Y?

Accepted Answer

A)  30 days
B)  29 days
C)  38 days
D)  26 days
E)  35 daysF) A) and D)
G) B) and D)

Question 2

Only activities on the critical path are initial candidates for crashing.

Accepted Answer

A) True 
 B)False

Question 3

A disadvantage of activity-on-node diagrams is the occasional need for dummy activities.

Accepted Answer

A) True 
 B)False

Question 4

Activity J has a duration of 7 and an earliest finish time of 21.If J's latest start time is 16, this must mean that J's slack is ________.

Accepted Answer

A)  7
B)  4
C)  3
D)  2
E)  1F) None of the above
G) A) and D) D

Question 5

What is the estimated expected (mean) time (in weeks) for project completion?

Accepted Answer

The answer of What is the estimated expected (mean) time...

Question 6

Within what amount of time (in weeks) is there a 90% probability that the critical path for this project will be completed? 95%? 99%?

Accepted Answer

The answer of Within what amount of time (in weeks)...

Question 7

Although PERT and CPM were originally developed for somewhat different types of projects, they are now nearly identical in terms of analysis and procedures.

Accepted Answer

A) True 
 B)False

Question 8

The basis for use of the beta distribution in PERT is:

Accepted Answer

A)  essentially theoretical.
B)  its adaptability.
C)  its symmetry.
D)  It is bimodal.
E)  It can easily be converted to a normal distribution.F) B) and D)
G) C) and D)

Question 9

Matrix organizations transfer control of workers to project managers for the duration of the project.

Accepted Answer

A) True 
 B)False

Question 10

What is the probability that the critical path for this project will be completed within 210 days?

Accepted Answer

A)  0.5000
B)  0.8413
C)  0.9544
D)  0.9772
E)  0.9987F) A) and E)
G) A) and C)

Question 11

A popular tool for planning and scheduling simple projects, and for initial planning on more complex projects, is the:

Accepted Answer

A)  activity-on-arrows network
B)  activity-on-nodes network
C)  Gantt chart
D)  critical path method
E)  program evaluation and review techniqueF) D) and E)
G) B) and D) 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

What activities make up the critical path?

Accepted Answer

Critical p...

Question 14

What is the estimated expected (mean)  time for project completion?

Accepted Answer

A)  35 weeks
B)  39 weeks
C)  50 weeks
D)  104 weeks
E)  105 weeksF) B) and E)
G) B) and D) C

Question 15

The expected duration of this project is:

Accepted Answer

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

Question 16

What is the estimated slack time for activity A?

Accepted Answer

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

Question 17

Good project management is especially important with virtual teams.

Accepted Answer

A) True 
 B)False

Question 18

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)  64F) B) and E)
G) C) and D)

Question 19

What is the estimated expected (mean)  time for activity E?

Accepted Answer

A)  91 days
B)  99 days
C)  100 days
D)  101 days
E)  115 daysF) B) and D)
G) B) and E)

Question 20

Simulation can be used for cases in which network activity times are dependent.

Accepted Answer

A) True 
 B)False

Exam 17: Project Management

What is the estimated expected (mean) time for activity Y?

Correct AnswerverifiedShow Answer

Only activities on the critical path are initial candidates for crashing.

Correct AnswerverifiedShow Answer

A disadvantage of activity-on-node diagrams is the occasional need for dummy activities.

Correct AnswerverifiedShow Answer

Activity J has a duration of 7 and an earliest finish time of 21.If J's latest start time is 16, this must mean that J's slack is ________.

Correct AnswerverifiedD

What is the estimated expected (mean) time (in weeks) for project completion?

Correct AnswerverifiedShow Answer

Within what amount of time (in weeks) is there a 90% probability that the critical path for this project will be completed? 95%? 99%?

Correct AnswerverifiedShow Answer

Although PERT and CPM were originally developed for somewhat different types of projects, they are now nearly identical in terms of analysis and procedures.

Correct AnswerverifiedShow Answer

The basis for use of the beta distribution in PERT is:

Correct AnswerverifiedShow Answer

Matrix organizations transfer control of workers to project managers for the duration of the project.

Correct AnswerverifiedShow Answer

What is the probability that the critical path for this project will be completed within 210 days?

Correct AnswerverifiedShow Answer

A popular tool for planning and scheduling simple projects, and for initial planning on more complex projects, is the:

Correct AnswerverifiedC

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

What activities make up the critical path?

Correct AnswerverifiedCritical p...View AnswerShow Answer

What is the estimated expected (mean) time for project completion?

Correct AnswerverifiedC

The expected duration of this project is:

Correct AnswerverifiedShow Answer

What is the estimated slack time for activity A?

Correct AnswerverifiedShow Answer

Good project management is especially important with virtual teams.

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

What is the estimated expected (mean) time for activity E?

Correct AnswerverifiedShow Answer

Simulation can be used for cases in which network activity times are dependent.

Correct AnswerverifiedShow Answer

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D

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C

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Critical p...
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C

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