Question 1

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

Accepted Answer

A)  0 6826 
B)  0 8413 
C)  0 9544 
D)  0 9772 
E)  0 9987 F) B) and C)
G) C) and D)

Question 2

In crashing a project,a manager will generally focus on activities which:

Accepted Answer

A)  are not on the critical path 
B)  are the least costly to crash 
C)  are costly to crash and are on the critical path 
D)  are on the critical path and are the least costly to crash 
E)  None of the above F) A) and B)
G) B) and E)

Question 3

Projects involve routine activities that are performed repeatedly

Accepted Answer

A) True 
 B)False

Question 4

At which point does crashing of a project cease?

Accepted Answer

A)  When the project is completed 
B)  When no additional crashing is possible 
C)  When the cost to crash equals or exceeds the benefit of crashing 
D)  All of the above 
E)  None of the above F) A) and B)
G) C) and D)

Question 5

The earliest finish time for an activity is equal to the latest finish time minus the duration of the activity

Accepted Answer

A) True 
 B)False

Question 6

-What is the estimated standard deviation in the time for activity Z?

Accepted Answer

A)  2 days 
B)  3 days 
C)  4 days 
D)  8 days 
E)  5 days F) A) and B)
G) All of the above

Question 7

PERT/Cost:

Accepted Answer

A)  finds the penalty costs if a project is not completed on time 
B)  compares the actual budget with the planned budget 
C)  shows management where to focus attention during the project 
D)  a and b only 
E)  b and c only F) A) and E)
G) C) and D)

Question 8

A manager has decided that an activity has a pessimistic estimate of 15 days,a most-likely estimate of 6 days,and an optimistic estimate of 3 days The expected duration of this activity is 6 days

Accepted Answer

A) True 
 B)False

Question 9

There are four activities on the critical path,and they have standard deviations of 1,2,4,and 2 days The standard deviation of the critical path is:

Accepted Answer

A)  3 days 
B)  5 days 
C)  9 days 
D)  16 days 
E)  25 days F) B) and E)
G) B) and C)

Question 10

An activity in a project network cannot begin until all of the activities leading into that activity have been completed

Accepted Answer

A) True 
 B)False

Question 11

PERT/Cost is a systematic procedure to help a project manager bid on a project

Accepted Answer

A) True 
 B)False

Question 12

The slack for path A-D-H-I is:

Accepted Answer

A)  0 
B)  3 
C)  4 
D)  7 
E)  8 F) C) and D)
G) None of the above

Question 13

The critical path for the network shown is:

Accepted Answer

A)  A-E-H 
B)  B-H 
C)  A-D-G 
D)  C-F-H 
E)  C-I-J F) A) and B)
G) A) and C)

Question 14

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 15

In PERT,the path with the fewest activities is referred to as the critical path

Accepted Answer

A) True 
 B)False

Question 16

-What is the estimated slack time for activity D?

Accepted Answer

A)  0 days 
B)  30 days 
C)  40 days 
D)  50 days 
E)  100 days F) A) and E)
G) B) and E)

Question 17

The duration of the critical path is:

Accepted Answer

A)  11 days 
B)  20 days 
C)  18 days 
D)  22 days 
E)  15 days F) A) and C)
G) A) and E)

Question 18

A Gantt chart of a project shows the scheduled start and finish times for activities

Accepted Answer

A) True 
 B)False

Question 19

The sum of durations of the longest path in a project network indicates expected project completion time,and the activities are the critical activities

Accepted Answer

A) True 
 B)False

Question 20

There is currently no method that permits activities and their immediate predecessors to overlap

Accepted Answer

A) True 
 B)False

Exam 16: Pert CPM models for project management

There are four activities on the critical path,and they have standard deviations of 1,2,4,and 2 days The standard deviation of the critical path is:

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A Gantt chart of a project shows the scheduled start and finish times for activities

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-What is the estimated standard deviation in the time for activity Z?

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The slack for path A-D-H-I is:

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There is currently no method that permits activities and their immediate predecessors to overlap

Correct AnswerverifiedShow Answer

In crashing a project,a manager will generally focus on activities which:

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The critical path for the network shown is:

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The duration of the critical path is:

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PERT/Cost:

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

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Projects involve routine activities that are performed repeatedly

Correct AnswerverifiedShow Answer

A manager has decided that an activity has a pessimistic estimate of 15 days,a most-likely estimate of 6 days,and an optimistic estimate of 3 days The expected duration of this activity is 6 days

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

PERT/Cost is a systematic procedure to help a project manager bid on a project

Correct AnswerverifiedShow Answer

In PERT,the path with the fewest activities is referred to as the critical path

Correct AnswerverifiedShow Answer

At which point does crashing of a project cease?

Correct AnswerverifiedShow Answer

An activity in a project network cannot begin until all of the activities leading into that activity have been completed

Correct AnswerverifiedShow Answer

The sum of durations of the longest path in a project network indicates expected project completion time,and the activities are the critical activities

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-What is the estimated slack time for activity D?

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The earliest finish time for an activity is equal to the latest finish time minus the duration of the activity

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