Mgt 477 - L09_GR 1 Review_2024S

Multiple Select

Which of the following best describes Operations Management?

• The management of an operation or process undertaken to create a unique product, service or outcome

• The management of systems or process that create goods and/or provide services

• Various inputs such as capital, labor and information are used to create goods or services using one or more transformation processes

• The essence of the operations function is to add value during the transformation process

Multiple Select

What are the 3 aspects of operations management?

• Decision

• Function

• Quality

• Marketing

• Process

Multiple Choice

Which is NOT one of the 5 decisions an ops manager must make?

• Process

• Planning

• Inventory

• Quality

• Capacity

Multiple Choice

What are the three component of Operations Management?

• Inputs
  Conversion Process
  Outputs

• Outputs
  Products
  Services

• Natural Resources
  Raw Materials
  Capital

Multiple Choice

Which of the following is NOT an input for Operations Management?

• Natural Resources

• Raw Materials

• Products

• Human Resources

Multiple Select

Why do we focus on processes?

• they are repeatable and repeatable process can be improved

• they allow us to apply lessons learned

• they allow us to get faster

• they allow us to make corrections

• they allow us to get better

Multiple Choice

____ is the comparison of feedback against previously established standards to determine if corrective action is needed

• feedback

• measurement

• control

• process

Multiple Choice

The corporate strategy must align with the business strategy, which must align with the operations strategy

• True

• False

Multiple Choice

Which of the following best describes Project Management?

• The management of an operation or process undertaken to create a unique product, service or outcome

• The management of systems or process that create goods and/or provide services

• Various inputs such as capital, labor and information are used to create goods or services using one or more transformation processes

• The essence of the operations function is to add value during the transformation process

Multiple Choice

Which of the following is NOT an example of a project?

• Producing a movie

• The continuous output of widgets

• The Olympic Games

• The Air Force Ball

Multiple Select

Which of the following are ways to facilitate learning from project to project?

• Strengthen social networking

• maintain an organizational database

• focus on process and procedural lessons learned

• create a project improvement advocate

Multiple Select

What is the project manager ultimately responsible for?

• The quality of the project

• The success of the project

• The communications of the project

• The failure of the project

Multiple Select

A Project Manager is constantly balancing between what tradeoffs?

• Cost

• Schedule

• Performace

• Customer Satisfaction

Multiple Choice

____ provides more project details based on the project charter

• The Charter

• The Scope Document

• The Planning Documents

• The Schedule

Multiple Select

The Work Breakdown Structure (WBS) is:

• A tool that turns work into a set of tasks that are doable, manageable and measureable

• A product that leads to performing out of scope work

• A deliverable-oriented hierarchical decomposition of the work

• The planned work is broken down into work packages (noun-verb combo)

Multiple Choice

For large projects, the lowest level tasks should be bounded by how many hours of work?

• 3/30

• 50/50

• 4/40

• 8/80

Multiple Select

Which of the following is a planning document?

• Scope Statement

• Risk Plan

• Project Budget

• Staffing Plan

• Project Schedule

Multiple Choice

The planning phase is an iterative process.
It is not important to complete the planning circle the same way every time.

• True

  True

• True

  False

• False

  True

• False

  False

Multiple Choice

What scheduling method does not show interdependencies of activities and becomes inadequate for large, complex projects?

• Gantt Chart

• Network Method

• MS Project

• Simulations

Multiple Select

what three things are calculated by doing a "forward pass" through a network diagram?

• Early Start (ES)

• Early Finish (EF)

• Late Start (LS)

• Late Finish (LF)

• Completion Time

Multiple Select

Which of the following is true with regards to MS Project?

• It is for the schedule NOT the project plan

• It does not manage the project

• Helpful for team decision making/problem solving

• It allows you to manage project progress and forecasting

Multiple Choice

Which of the following is a benefit of simulation?

• It limits our understanding of the scenario

• It creates biased results

• It allows for decision based on empirical evidence

• It complicates the project by generating hundreds or thousands of scenarios

Multiple Choice

The image to the left is an example of what kind of precedence relationship?

• start-to-finish

• finish-to-start

• start-to-start

• lag or delay

Multiple Select

Which of the following are options to compress a schedule?

• Reduce Scope

• Compression

• Crashing

• Fast Tracking

Multiple Choice

Fast Tracking _______
Crashing ______

• Eliminates tasks
  Changes the path

• Changes the path
  Eliminates tasks

• Changes the duration
  Changes the path

• Changes the path
  Changes the duration

Multiple Select

What are the two basic principles of crashing?

• focus on the critical path

• focus on non-critical activities

• choose the least expensive way to do it

• choose quickest way to do it

Multiple Choice

What is the formal end of the project planning phase and the beginning of the project execution phase?

• Customer Acceptance

• Baseline

• SMR 2

• Project Charter

Multiple Choice

What is the ongoing project management processes that supervise and manage the product development process?

• Operations Mgt

• Project Mgt

• Execution

• Planning

Multiple Select

Which of the following is true with regards to the Execution Phase?

• Where the product is delivered

• The project manager has little to do in the execution phase

• The project mgt and product development processes must work together seamlessly

• The Execution Phase can begin as soon as the schedule is finalized

Multiple Choice

What links Project Analysis & Design with Operations Product Design?

• Production Line

• Plant Capacity

• Design for Manufacturability

• Run at Rate

Multiple Select

Who benefits from a well planned and executed project closure?

• the enterprise undertaking the project

• the project manager

• the team

• the customer

Multiple Select

Which of the following is one of the 4 dimensions of project closure?

• Customer

• Human Resource

• Administrative

• Operational

Multiple Select

Which of the following are ways to facilitate learning from project to project?

• Strengthen social networking

• maintain an organizational database

• focus on process and procedural lessons learned

• create a project improvement advocate