Description : Which of the following project baselines provides the basis for measurement of the expected cash flow against requirements over time and is often displayed as an S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline
Last Answer : b. Cost performance baseline
Description : In a project schedule, the sequence of activities which cannot be delayed during the course of the project without extending the project end date is referred to as the: A. Action plan B. Critical path C. Schedule baseline D. Slack line
Last Answer : B. Critical path
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 : What is the definition of Earned Value Management? A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool. B. ... approach that combines the scope and cost baseline into a project performance and progress measurement tool.
Last Answer : A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool.
Description : The Scope Baseline is: 1. the original description of the project's end results 2. a summary description of the project's original content and end product, including basic budgetary and time constraint data 3. the original project budget and schedule 4. a and c
Last Answer : 2. a summary description of the project's original content and end product, including basic budgetary and time constraint data
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 : You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new ... B-C-E-H B. A-D-E-H C. A-F-G-H D. A-F-G-E-H
Last Answer : B. A-D-E-H
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 : A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance
Last Answer : A. Cost Baseline
Description : As a project manager, while Kathy was trying to categorize all potential risks for her new construction project M based on levels of probability and impact on the project, she identified a potential risk, ... b. Risk management plan c. Project management plan d. WBS e. Scope management plan
Last Answer : d. WBS
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 of the following makes up the project scope baseline? A. The project scope statement B. The scope management plan and WBS C. The WBS, project scope statement, and WBS dictionary D. The scope management plan, the WBS, and the WBS dictionary
Last Answer : C. The WBS, project scope statement, and WBS dictionary
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 : 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 : 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 : 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 : The statistical tool that depicts a project’s tasks and the relationships between those tasks is known as (A) milestone (B) goal (C) Gantt chart (D) PERT chart
Last Answer : (D) PERT chart
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 : 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 : . Which of the following is empirical estimation technique? (i) expert judgement (ii) Delphi estimation (iii) COCOMO (iv) Critical path Method A. only i, ii & iii B. only i & ii C. only i, iii & iv D. All of the above
Last Answer : B. only i & ii
Description : Fill in the blank. Crashing refers to when the task duration’s are __ along the critical path to meet the project completion date. Select one: a. scope creep b. floated c. slack d. compressed e. expedited
Last Answer : d. compressed
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 : 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 : For an activity in a CPM analysis, the early Finish time is 13 and the late Finish time is 13. Duration of activity is 6. Which of the following statements is true? A.The early start is 6 B. ... of the activity is 13 C.The slack of this activity is 13 D.The activity is on the critical path
Last Answer : D.The activity is on the critical path
Description : The critical path A. Is a path that operates from the starting node to the end node B. Is a mixture of all paths. C.Is the longest path D.Is the shortest path
Last Answer : C.Is the longest path
Description : You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the ... the weighted average or expected value? A. 54 B. 66 C. 60 D. 30
Last Answer : C. 60
Description : Once the logic of a network is laid out, the project manager will conduct a forward pass and a backward pass through the network. This will provide information regarding ______ and will identify ... C. Resource shortages, high risk activities D. The high risk activities, non-critical path
Last Answer : A. The total duration of the project, critical path
Description : A critical path network diagram does NOT: A. Help determine the amount of float B. Identify the particularly important activities C. Calculate earned value D. Calculate the duration of the whole project
Last Answer : C. Calculate earned value
Description : What would be the critical path if the duration of activity C increased to 10? A. ABCF B. ABCEF C. ABGHIF D. ABGHIF & ABDEF
Last Answer : A. ABCF
Description : What is the critical path through the network above? A. ABGHIF B. ABDEF C. ABGHIF& ABDEF D. AB CEF
Last Answer : B. ABDEF
Description : What Is Critical Path?
Last Answer : Critical Path is the longest path from the beginning event to the end event. The minimum time required for completing the project is the duration on the critical path.
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 : Gantt charts are used for streamlining the (A) Inventory control (B) Production schedule (C) Sales forecasting (D) Quality control
Last Answer : (B) Production schedule
Description : What network model enables engineer managers to schedule, monitor and control large and complex projects by employing three time estimates per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation
Last Answer : b. Program evaluation review technique
Description : What network model enables engineer managers to schedule, monitor and control large and complex projects by using only one time factor per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation
Description : What is a critical path in schedule network diagram?
Last Answer : When activity scheduling is done there will be activities whose start time and/or end times are not critical. It may be possible, due to dependencies, to start a task later than the date on the ... time. This chain of activities or the path from start to finish is known as the critical path.
Description : Five dimensions that must be managed on a project (A) Constraint, Quality, Cost, Schedule, Staff (B) Features, Quality, Cost, Schedule, Staff (C) Features, priority, Cost, Schedule, Staff (D) Features, Quality, Cost, Schedule, customer
Last Answer : (B) Features, Quality, Cost, Schedule, Staff
Description : . If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance
Last Answer : D. There is no cost variance
Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance
Last Answer : C. Management Contingency Reserve
Description : The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)
Last Answer : Ans. True
Description : Scope, cost, and schedule are some of the parameters used for project negotiation. (True/False)
Description : dimensions that must be managed on a project (A)Constraint, Quality, Cost, Schedule, Staff (B)Features, Quality, Cost, Schedule, Staff (C)Features, priority, Cost, Schedule, Staff (D)Features, Quality, Cost, Schedule, customer
Last Answer : (B)Features, Quality, Cost, Schedule, Staff
Description : Amount of work completed to date compared with planned in the Earned Value Management method is A. Schedule Performance Index B. Cost Performance Index C. Percentage Complete D .Percentage Spent
Last Answer : C. Percentage Complete
Description : The most common reason for schedule and cost overruns that surface after the project is underway is scope creep.
Last Answer : Ans: True
Description : Earned value management integrates scope, cost, and schedule measures to: A. assess project performance and progress. B. develop a preliminary budget. C. assess communication effectiveness among project team members. D. assess whether all requirements were met.
Last Answer : A. assess project performance and progress.
Description : The project schedule is used to determine all of the following except which one? A. Cost estimates B. Activity start dates C. Float times D. Activity end dates
Last Answer : A. Cost estimates
Description : What are the key components in the "Triple constraint Triangle"? A. Scope, Schedule, Cost, Project Manager B. Scope, Time, Cost, Project (Ans.) C. Time, Money, Scope, Project D. Project Manager, Time, Scope, Money
Last Answer : B. Scope, Time, Cost, Project (Ans.)