Question 1

A hierarchical listing of what must be done in a project is called a

Accepted Answer

A)  work breakdown structure (WBS) .
B)  PERT.
C)  planning matrix.
D)  crashing plan.
E)  critical path.F) All of the above
G) B) and C)

Question 2

Consider the following work breakdown structure:

What is the estimated standard deviation in the time for activity D?

Accepted Answer

A)  0 days
B)  2 days
C)  3 days
D)  4 days
E)  12 daysF) A) and C)
G) B) and C)

Question 3

A sequence of activities that leads from the starting node to the finishing node is called a

Accepted Answer

A)  path.
B)  sequel.
C)  trail.
D)  critical sequence.
E)  time line.F) A) and E)
G) A) and C)

Question 4

Consider the following work breakdown structure:

What is the estimated standard deviation in the time for activity E?

Accepted Answer

A)  0 week
B)  1 week
C)  2 weeks
D)  3 weeks
E)  4 weeksF) None of the above
G) B) and C)

Question 5

Consider the following work breakdown structure:

What is the estimated slack time for activity E?

Accepted Answer

A)  0 weeks
B)  3 weeks
C)  9 weeks
D)  11 weeks
E)  12 weeksF) A) and B)
G) None of the above

Question 6

In project network analysis, "slack" refers to the difference between

Accepted Answer

A)  observed and predicted times.
B)  optimistic and pessimistic times.
C)  mean and modal times.
D)  finish and start times.
E)  latest and earliest times.F) A) and B)
G) D) and E)

Question 7

Many activities have slack time; if we add these slack times together, this represents the potential improvement in early completion for the project.

Accepted Answer

A) True 
 B)False

Question 8

The standard deviation of the critical path is equal to the sum of the standard deviations of all of the activities on the critical path.

Accepted Answer

A) True 
 B)False

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

Consider the following work breakdown structure:

What is the probability that the critical path for this project will be completed within 200 days?

Accepted Answer

A)  .8413
B)  .9544
C)  .9772
D)  .9974
E)  .9987F) C) and D)
G) B) and E)

Question 11

Activity 4-5 in a network diagram has an optimistic time estimate of five days, a most likely time estimate of seven days, and a pessimistic time estimate of 10 days. Its expected time (in days) is approximately

Accepted Answer

A)  5.
B)  6.
C)  7.
D)  8.
E)  9.F) A) and B)
G) A) and D)

Question 12

Consider the following work breakdown structure:

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 C)
G) B) and E)

Question 13

Once a project is approved and underway, project managers are only responsible for effectively managing time and costs which, if done well, will assure project completion on time and on budget.

Accepted Answer

A) True 
 B)False

Question 14

One upside to terminating a project that is not going as well as planned is that

Accepted Answer

A)  poorly performing project team members will be kept from causing trouble elsewhere.
B)  no additional costs will be incurred.
C)  poor project managers will be weeded out.
D)  resources can perhaps be put to better use elsewhere.
E)  project completion will be hastened.F) A) and D)
G) A) and E)

Question 15

Consider the following work breakdown structure:

What is the estimated standard deviation in the time for activity E?

Accepted Answer

A)  1 day
B)  2 days
C)  3 days
D)  4 days
E)  5 daysF) A) and B)
G) D) and E)

Question 16

Path probabilities are calculated by dividing path mean by path standard deviations.

Accepted Answer

A) True 
 B)False

Question 17

Once a project is underway, the project manager usually is not responsible for effectively managing

Accepted Answer

A)  the people.
B)  costs.
C)  resources.
D)  time.
E)  project priority.F) A) and E)
G) A) and B)

Question 18

Consider the following work breakdown structure:

What is the estimated slack time for activity D?

Accepted Answer

A)  0 days
B)  19 days
C)  20 days
D)  79 days
E)  80 daysF) C) and E)
G) A) and B)

Exam 17: Project Management

The standard deviation of the critical path is equal to the sum of the standard deviations of all of the activities on the critical path.

Correct Answer
verified

Once a project is approved and underway, project managers are only responsible for effectively managing time and costs which, if done well, will assure project completion on time and on budget.

Correct Answer
verified

Path probabilities are calculated by dividing path mean by path standard deviations.

Correct Answer
verified

A hierarchical listing of what must be done in a project is called a

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated slack time for activity D?

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity D?

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated slack time for activity E?

Correct Answer
verified

Activity 4-5 in a network diagram has an optimistic time estimate of five days, a most likely time estimate of seven days, and a pessimistic time estimate of 10 days. Its expected time (in days) is approximately

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Correct Answer
verified

Once a project is underway, the project manager usually is not responsible for effectively managing

Correct Answer
verified

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

Correct Answer
verified

Many activities have slack time; if we add these slack times together, this represents the potential improvement in early completion for the project.

Correct Answer
verified

In project network analysis, "slack" refers to the difference between

Correct Answer
verified

A sequence of activities that leads from the starting node to the finishing node is called a

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Correct Answer
verified

One upside to terminating a project that is not going as well as planned is that

Correct Answer
verified

Consider the following work breakdown structure: What is the probability that the critical path for this project will be completed within 200 days?

Correct Answer
verified

Consider the following work breakdown structure: What is the estimated expected (mean) time for activity E?

Correct Answer
verified

Exam 17: Project Management

The standard deviation of the critical path is equal to the sum of the standard deviations of all of the activities on the critical path.

Correct AnswerverifiedShow Answer

Once a project is approved and underway, project managers are only responsible for effectively managing time and costs which, if done well, will assure project completion on time and on budget.

Correct AnswerverifiedShow Answer

Path probabilities are calculated by dividing path mean by path standard deviations.

Correct AnswerverifiedShow Answer

A hierarchical listing of what must be done in a project is called a

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated slack time for activity D?

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity D?

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated slack time for activity E?

Correct AnswerverifiedShow Answer

Activity 4-5 in a network diagram has an optimistic time estimate of five days, a most likely time estimate of seven days, and a pessimistic time estimate of 10 days. Its expected time (in days) is approximately

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Correct AnswerverifiedShow Answer

Once a project is underway, the project manager usually is not responsible for effectively managing

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Many activities have slack time; if we add these slack times together, this represents the potential improvement in early completion for the project.

Correct AnswerverifiedShow Answer

In project network analysis, "slack" refers to the difference between

Correct AnswerverifiedShow Answer

A sequence of activities that leads from the starting node to the finishing node is called a

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity E?

Correct AnswerverifiedShow Answer

One upside to terminating a project that is not going as well as planned is that

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the probability that the critical path for this project will be completed within 200 days?

Correct AnswerverifiedShow Answer

Consider the following work breakdown structure: What is the estimated expected (mean) time for activity E?

Correct AnswerverifiedShow Answer

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