Question 1

Draw the AOA and AON networks for the following project and calculate the minimum project duration.

Accepted Answer

Minimum duration ...

Question 2

The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates.

Accepted Answer

A) True 
 B)False

Question 3

If an activity whose normal duration is 55 days can be shortened to 50 days for an added cost of $45,000,the crash cost per period is

Accepted Answer

A)  $9,000.
B)  $500.
C)  $900.
D)  $4,500.
E)  $45,000.F) B) and C)
G) D) and E)

Question 4

Which of the following statements regarding critical paths is true?

Accepted Answer

A)  The shortest of all paths through the network is the critical path.
B)  Some activities on the critical path may have slack.
C)  Every network has only one critical path.
D)  On a specific project,there can be multiple critical paths,all with exactly the same duration.
E)  The duration of the critical path is the average duration of all paths in the project network.F) None of the above
G) All of the above

Question 5

The critical path can be determined by use of either the "forward pass" or the "backward pass."

Accepted Answer

A) True 
 B)False

Question 6

The ________ distribution is appropriate for calculating expected activity times and activity variances in PERT networks.

Accepted Answer

The answer of The ________ distribution is appropriate for calculating...

Question 7

Which of the following statements regarding PERT times is true?

Accepted Answer

A)  The expected time is an estimate of the time an activity will require if everything goes as planned.
B)  The optimistic time estimate is an estimate of the maximum time an activity will require.
C)  The expected time estimate is calculated as t = (a + 4m + b) /6.
D)  The pessimistic time estimate is an estimate of the minimum time an activity will require.
E)  The most likely time estimate is an estimate of the maximum time an activity will require.F) B) and D)
G) D) and E)

Question 8

The project organization works best when which of the following conditions are satisfied?

Accepted Answer

A)  Work can be defined with a specific goal and deadline.
B)  The job is typical and familiar to the existing organization.
C)  The work contains simple tasks requiring no special skills.
D)  The project is temporary but unimportant to long-term organizational success.
E)  The project is confined to one functional area.F) B) and E)
G) A) and E)

Question 9

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

Accepted Answer

A)  Normal
B)  Beta
C)  Alpha
D)  Gaussian
E)  BinomialF) B) and E)
G) D) and E)

Question 10

________ is a network technique using only one time factor per activity that enables managers to schedule,monitor,and control large and complex projects.

Accepted Answer

Critical path method or CPM

Question 11

The phases of project management are

Accepted Answer

A)  planning,scheduling,and controlling.
B)  planning,programming,and budgeting.
C)  planning,organizing,staffing,leading,and controlling.
D)  different for manufacturing projects than for service projects.
E)  GANTT,CPM,and PERT.F) B) and D)
G) A) and B)

Question 12

Describe some of the challenges faced in the construction of the new 11-story building at Arnold Palmer Hospital in Orlando,Florida.

Accepted Answer

Prior to beginning actual construction,r...

Question 13

Gantt charts give a timeline for each of a project's activities,but they do not adequately illustrate the interrelationships between the activities and the resources.

Accepted Answer

A) True 
 B)False  True

Question 14

What are some of the ethical issues faced by project managers? Which of these are likely to occur before a project begins,which are likely to occur while the project is underway,and which may occur after a project is complete? Illustrate any one of these from recent news.

Accepted Answer

A project manager can be exposed to a wi...

Question 15

Briefly discuss what is meant by critical path analysis.What are critical path activities and why are they important?

Accepted Answer

The critical path consists of those task...

Question 16

Describe in words how to calculate a project's standard deviation.What assumption allows that calculation to be accurate?

Accepted Answer

Add the variances of the activ...

Question 17

What is the basic difference between PERT and CPM?

Accepted Answer

The basic difference between P...

Question 18

Which of the following statements regarding EllisDon is false?

Accepted Answer

A)  Its competitive advantage is project management.
B)  It is a Canadian leader in engineering and construction project management.
C)  EllisDon believes in becoming deeply involved in each project.
D)  EllisDon believes in a hands-off approach to project management.
E)  All of the above are false.F) C) and E)
G) All of the above D

Question 19

Explain why the critical path is the longest,not the shortest,path through a network.

Accepted Answer

Critical path is that set of activities ...

Question 20

An activity on a PERT network has these time estimates: optimistic = 1,most likely = 2,and pessimistic = 5.Its expected time is

Accepted Answer

A)  2.00.
B)  2.33.
C)  2.67.
D)  8.00.
E)  23.3.F) B) and E)
G) C) and E)

Exam 3: Project Management

Draw the AOA and AON networks for the following project and calculate the minimum project duration.

Correct Answerverified Minimum duration ...View AnswerShow Answer

The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates.

Correct AnswerverifiedShow Answer

If an activity whose normal duration is 55 days can be shortened to 50 days for an added cost of $45,000,the crash cost per period is

Correct AnswerverifiedShow Answer

Which of the following statements regarding critical paths is true?

Correct AnswerverifiedShow Answer

The critical path can be determined by use of either the "forward pass" or the "backward pass."

Correct AnswerverifiedShow Answer

The ________ distribution is appropriate for calculating expected activity times and activity variances in PERT networks.

Correct AnswerverifiedShow Answer

Which of the following statements regarding PERT times is true?

Correct AnswerverifiedShow Answer

The project organization works best when which of the following conditions are satisfied?

Correct AnswerverifiedShow Answer

The ________ distribution is used by PERT analysis to calculate expected activity times and variances.

Correct AnswerverifiedShow Answer

________ is a network technique using only one time factor per activity that enables managers to schedule,monitor,and control large and complex projects.

Correct AnswerverifiedCritical path method or CPM

The phases of project management are

Correct AnswerverifiedShow Answer

Describe some of the challenges faced in the construction of the new 11-story building at Arnold Palmer Hospital in Orlando,Florida.

Correct AnswerverifiedPrior to beginning actual construction,r...View AnswerShow Answer

Gantt charts give a timeline for each of a project's activities,but they do not adequately illustrate the interrelationships between the activities and the resources.

Correct AnswerverifiedTrue

What are some of the ethical issues faced by project managers? Which of these are likely to occur before a project begins,which are likely to occur while the project is underway,and which may occur after a project is complete? Illustrate any one of these from recent news.

Correct AnswerverifiedA project manager can be exposed to a wi...View AnswerShow Answer

Briefly discuss what is meant by critical path analysis.What are critical path activities and why are they important?

Correct AnswerverifiedThe critical path consists of those task...View AnswerShow Answer

Describe in words how to calculate a project's standard deviation.What assumption allows that calculation to be accurate?

Correct AnswerverifiedAdd the variances of the activ...View AnswerShow Answer

What is the basic difference between PERT and CPM?

Correct AnswerverifiedThe basic difference between P...View AnswerShow Answer

Which of the following statements regarding EllisDon is false?

Correct AnswerverifiedD

Explain why the critical path is the longest,not the shortest,path through a network.

Correct AnswerverifiedCritical path is that set of activities ...View AnswerShow Answer

An activity on a PERT network has these time estimates: optimistic = 1,most likely = 2,and pessimistic = 5.Its expected time is

Correct AnswerverifiedShow Answer

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Minimum duration ...
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Critical path method or CPM

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Prior to beginning actual construction,r...
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True

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A project manager can be exposed to a wi...
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The critical path consists of those task...
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Add the variances of the activ...
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The basic difference between P...
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D

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Critical path is that set of activities ...
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