Description : A horizontal bar chart that shows project tasks against a calendar is called (A) milestone (B) goal (C) Gantt chart (D) PERT chart
Last Answer : (C) Gantt chart
Description : Which of the following establishes key dates throughout the life of a project that must be met for the project to finish on time? Select one: a. Critical path b. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedule
Last Answer : e. Milestone schedule
Description : If you would like to see a list of resources and the tasks that people are assigned to. What view best displays this information? A.Resource Sheet B. Task Usage C. Gantt Chart D.: Resource Usage
Last Answer : C. Gantt Chart
Description : Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.
Last Answer : Ans: False
Description : PERT chart can be used to track the tasks of a project when task time estimates are fairly uncertain.
Last Answer : Ans: True
Description : The first method invented for planning projects, was (A) Bar chart method (B) Milestone chart (C) Critical path method (CPM) (D) Programme Evaluation and Review Technique (PERT)
Last Answer : (A) Bar chart method
Description : What is a visual representation of a project’s planned activities against a calendar called? a. A Gantt chart. b. A critical path network. c. A product flow diagram. d. A Pareto chart.
Last Answer : a. A Gantt chart.
Description : Risk Event Graph is having following on X axis A.Gantt Chart B.Work Break Down Structure C.Project Life Cycle D.Splitting
Last Answer : C.Project Life Cycle
Description : A Gantt chart is used to show a project timeline diagrammatically. A. True B. Fa lse
Last Answer : A. True
Description : What Is A Gantt Chart?
Last Answer : A Gantt Chart is a way of illustrating multiple, time-based activities on a horizontal time-line.
Description : While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path
Last Answer : c. Control chart
Description : Assume that a firm has accurately calculated the net cash flows relating to two mutua lly exclusive investment proposals. If the net present value of both proposals exceed zero and the firm is ... maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Last Answer : D. accept the proposal that has the largest NPV since the goal of the firm is to maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Description : According to a statistical report: over 30% of all projects are cancelled before completion and over 70% of the remainder fail to deliver expected features . What must be the reason for such ... change management b) Poor requirements management c) Poor quality control d) All of the mentioned
Last Answer : b) Poor requirements management
Description : . It is not wise to identify tasks for a current project using existing methodology, because methodologies that have been used by an organization for other projects probably will not work for this project without extensive changes.
Description : Which of the following statements is true regarding contracts? Select one: a. They are the filters through which project members screen information that is shared. b. They do not lend ... information-rich environment will suffer. e. Contracts promote the growth of a trusting project culture.
Last Answer : b. They do not lend themselves to create an environment of trust.
Description : The answer is: (A) related projects The leadership style where focus is on relationships and community rather than exercising of power, is termed as (A) laissez-faire (B) interactional leadership (C) servant leadership (D) oligarchy
Last Answer : (C) servant leadership
Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A) Algorithmic model (B) Expert judgment (C) Top down (D) Analogy
Last Answer : (D) Analogy
Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A)Algorithmic model (B)Expert judgment (C)Top down (D)Analogy
Last Answer : (D)Analogy
Description : CASE tool is a popular graphic depiction of the work plan that lists project tasks along a y-axis, time along an x-axis, and uses shaded boxes to represent tasks.
Description : A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.
Last Answer : a. gate review.
Description : A project budget estimate that is developed with the least amount of knowledge is known as which of the following? Select one: a. Rough order of magnitude (ROM) estimate b. Scope of work estimate c. Conceptual estimate d. Line estimate e. Milestone schedule estimate
Last Answer : c. Conceptual estimate
Description : What is the default view of a new project in MS project? A. Gantt View B. Resource Graph C. Network View D.: Workbook View
Last Answer : A. Gantt View
Description : Which of the following is displayed as an S curve? A. Gantt B. Cost baseline C. Critical path D. Schedule baseline
Last Answer : B. Cost baseline
Description : To crash a schedule you should: 1. Increase the time allowed on those tasks that have float. 2. Try to increase expenditures of time only those tasks that are behind schedule. 3. Replace those ... to par with the busy. 4. Increase work efforts on those tasks that are on the critical path.
Last Answer : 4. Increase work efforts on those tasks that are on the critical path.
Description : Time and progress chart of a construction, is also known as (A) Bar chart (B) Gantt chart (C) Modified Mile stone chart (D) All the above
Last Answer : (D) All the above
Description : In PERT (Project Evaluation and Review Technique) method Expected time (Te) is A. (To+Tp+4Tm)/6 B. (To+Tp+2Tm)/6 C. (To+Tp+Tm)/6 D. (Tm+Tp+4To)/6
Last Answer : A. (To+Tp+4Tm)/6
Description : PERT (Project Evaluation and Review Technique) analysis is based on A. Optimistic time, Pessimistic time and Most likely time B.Pessimistic time, Optional time, Maximum time C.Optimistic time, Efficient time, Most likely time D.Minimax time, Optimistic time and harmonic time
Last Answer : A. Optimistic time, Pessimistic time and Most likely time
Description : . The PERT in project management means program evaluation and _____ technique. (A) resource (B) reconciliation (C) reconsideration (D) review
Last Answer : (D) review
Description : Which of the following statements is true? A. PERT is considered as a deterministic approach and CPM is a probabilis t ic techniques. B. PERT is considered as a probabilistic techniques ... and CPM are both probabilistic techniques. D. PERT and CPM are both considered as deterministic approachs
Last Answer : B. PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach
Description : Which one of the following is a valid project Key Performance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement. d. Master schedule.
Last Answer : c. Milestone achievement.
Description : Which of the following may generate a milestone list: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations
Last Answer : A. Define Activities
Description : Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude
Last Answer : b. change management process.
Description : After the celebration of the successful milestone completion, a project manager will often do which of the following? Select one: a. Continue to increase the intensity of the project to achieve the ... milestone. e. Stretch the goals of the project team, making them more tough and rigorous.
Last Answer : c. Allow the team to reflect on finding new ways of approaching the project work.
Description : Which of the following is typically a written document that defines what work will be accomplished by the end of the project? Select one: a. Scope of work (SOW) b. Project logic diagram c. Milestone schedule d. Ballpark estimate e. Work breakdown structure
Last Answer : a. Scope of work (SOW)
Description : Work that continues throughout the project and does not relate to any specific phase of development is termed a(n) a) Milestone b) Project function c) Activity d) Task e) Baseline.
Last Answer : b) Project function
Description : Which one of the following is a valid project Key Performance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement.
Description : Consider the following features/factors: 1. Projects are of the non-repetitive type 2. Time required need not be known 3. Time required is known precisely 4. Events have been established for planning 5. Emphasis is given to ... and 4 (B) 3, 4 and 5 (C) 1, 3 and 4 (D) 1, 2 and 5
Last Answer : (A) 1, 2 and 4
Description : What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate ... that the project will be completed by a specific date d. All of the above
Last Answer : d. All of the above
Description : The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities
Last Answer : a. project management.
Description : Which of the following is an advantage of a Gantt chart?
Last Answer : Need Answer
Description : This/These Management Guru/s, formulated a bar chart that measures planned and completed work along each stage of project A. Frederick Taylor B. Henry Gantt C. Frank and Lillian Gilbreth D. Henri Fayol
Last Answer : Henry Gant
Last Answer : Henry Gantt
Description : Gantt chart (or Bar chart) is helpful in (A) Efficient utilisation of manpower and machines (B) Preparing production schedule (C) Efficient despatching of products (D) Inventory control
Last Answer : (B) Preparing production schedule
Description : A compact estimate about the amount of materials handling between various work stations is obtained from the (A) Gantt chart (B) Bin chart (C) String diagram (D) Travel chart
Last Answer : (D) Travel chart
Description : Explain how Gantt chart is used in project planning with proper example.
Last Answer : Use of Gantt Chart in Project Planning: Gantt Chart is a project planning tool that can be used to represent the timing of tasks required to complete a project. Because Gantt chats are simple to ... a chart, which are used to record the actual operating times and delays of workers and machines.
Description : Explain the GANTT chart used in PPC. Enlist advantages and disadvantages of it
Last Answer : Gantt chart used in production planning and control. Gantt Chart is a project planning tool that can be used to represent the timing of tasks required to complete a project. Because Gantt chats ... time to maintain. 4. Lack of adequate depiction interrelationship between the separate tasks.
Description : Explain GANTT chart and its application for project tracking with an example.
Last Answer : When creating software project schedule, we begin with a set of tasks. If automated tools are used, the work breakdown is input as a task network or task outline. Effort, duration and start date are then ... can also use Gantt charts to get an overview of how things are rolling on the work front.