MGMT FINAL quiz questions

The project duration in a network can be determined by the largest value of which variable associated with the critical​ path?

• Slack Time

• Earliest Start Time

• Earliest Finish Time

• Activity Time

In the "facilitator" role, the project manager must

• specify ow the team will make decisions

• frequently communicates with the project team to get the best performance

• resolve conflicts between departments to ensure that the project has appropriate resources.

• determine the timing of reports to senior management

Total project costs are sums of

• overtime costs, personnel costs, and equipment costs.

• direct costs, indirect costs, and penalty costs

• labor costs, overhead costs, and material costs

• labor costs, material costs, and any other costs directly related to project activities

In an environment where the planned activities have been accomplished​ previously, there are several ways of getting time estimates. Which of the following is the least​ useful?

• Learning curve models

• Statistical methods

• Random Number Generator

• Prior Experiences

Which of these activities is not a major component of the initial phase of planning and managing​ projects?

• Defining the scope and objectives

• Analyzing time/cost tradeoffs

• Selecting the project manager and team

• Selecting the organizational structure

When the latest start time is known, total slack for an activity may be determined using

• latest finish time

• earliest start time

• activity time

• earliest finish time

The organizational structure that simplifies the lines of authority and is particularly effective for large projects is

• departmental

• functional

• pure project

• matrix

Which is the best statement regarding work breakdown structure?

• Each activity in the WBS must have an "owner" who is responsible for doing the work

• WBS should not include a task representing planning of the project that is being planned

• A packet is the smallest unit of work effort consuming both time and resources that the project manager can schedule and control

• A Level 1 activity is a more micro view (greater level of detail) than a Level 2 activity.

Which of the following statements is false?

• The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.

• If one of the activities on the critical path is delayed, the entire project will be delayed.

• The activities along the critical path determine the completion time of the project

• There may be more than one critical path in a project network.

Crash time is defined as

• The time necessary to complete an activity under abnormal conditions

• The activity time associated with any management intervention

• the shortest possible time to complete an activity

• The difference between the earliest start time and the earliest finish time.