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 : Completion of an activity on CPM network diagram, is generally known (A) Event (B) Node (C) Connector (D) All the above
Last Answer : (D) All the above
Description : The artificial activity which indicates that an activity following it, cannot be started unless the preceding activity is complete, is known as (A) Event (B) Free float (C) Dummy (D) Constrain
Last Answer : (C) Dummy
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 : 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 : Normally a performance bond, depending upon the state, only stipulates that the contractor will guarantee the work for a certain period of time. Answer: D (8)Which contract type places the most risk on ... fee 3. Cost plus fixed fee 4. Fixed price plus incentive fee 5. Firm fixed price
Last Answer : 5. Firm fixed price
Description : A performance bond should always provide what part of the contract value? 1. 10 percent 2. 25 percent 3. 50 percent 4. 100 percent
Last Answer : 4. 100 percent
Description : A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the contract progresses 2. a reimbursement of allowable cost of services ... unit rates and the final price is dependent on the quantities needed to carry out the work.
Last Answer : 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the final price is dependent on the quantities needed to carry out the work
Description : The contract administration function includes: 1. funding management 2. managing relationships and interfaces 3. performance control 4. all of the above
Last Answer : 4. all of the above
Description : Slack time is associated with (a) A real activity (b) An event (c) Both event and real activity (d) Dummy activity
Last Answer : (b) An event
Description : )The fixed price contract is advantageous to the buyer because it: 1. requires extremely well defined specifications 2. requires formal procedures for scope changes 3. contractor assumes financial and technical risk 4. has a known cost
Last Answer : 3. contractor assumes financial and technical risk
Description : ................... is an event oriented network diagram. a. CPM b. PERT c. Histogram d. Ogive
Last Answer : b. PERT
Description : _____________ is an event-oriented approach . A. CPM. B. GERT. C. PERT. D. WASP.
Last Answer : 1
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 : 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 : PERT chart can be used to track the tasks of a project when task time estimates are fairly uncertain.
Last Answer : Ans: True
Description : Benefits to using computer-aided software engineering (CASE) include faster task completion and alteration, centralized development information, and illustration of information through diagrams.
Description : The work plan records and keeps track of all of the tasks that need to be accomplished over the life of the project, listing each task, along with important information about it, such as when it needs to be completed, the person assigned to do the work, and any deliverables that will result.
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 : Adding people to a project team in order to speed up total development time _____. a. is a standard task in timeboxing b. is a useful way to meet a tight deadline c. may actually increase total development time d. simplifies communication within the team e. none of the above
Last Answer : c. may actually increase total development time
Description : Project managers can develop task lists for a project with the help of _____. a. established methodologies b. system proposals c. system requests d. user application hardware e. user requirements
Last Answer : a. established methodologies
Description : _____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. a. Project management b. Symantic timeline c. Task identification d. Time estimation e. Work plan
Last Answer : a. Project management
Description : Select the correct statement. (A) Activity arrows in a CPM network are drawn to scale (B) The tail of an arrow represents the finish of an activity (C) Arrow bead represents the start of an activity (D) None of the above
Last Answer : (D) None of the above
Description : In the time-cost optimisation, using CPM method for network analysis, the crashing of the activities along the critical path is done starting with the activity having (A) Longest duration (B) Highest cost slope (C) Least cost slope (D) Shortest duration
Last Answer : (C) Least cost slope
Description : ......................... is activity oriented network diagram. a. CPM b. PERT c. Histogram d. Ogive
Last Answer : a. CPM
Description : ______________ is an activity-oriented approach. A. CPM B. PERT C. GERT D. WASP
Last Answer : A. CPM
Description : Activities which must be finished before a given event can occur are termed as _________. A. Preceeding Activities. B. Succeeding Activities C. Concurrent Activities D. Dummy Activities.
Last Answer : A. Preceeding Activities.
Description : Sam Consultancy is planning to buy ten desktops for $1500 each from a leading computer store. Which type of contract will get signed in this case? A. Purchase Order B. Cost plus Fee C. Fixed cost D. Time and Material
Last Answer : A. Purchase Order
Description : Which of the following is not an example of formal communication? a. Contract b. email c. Project status report d. Status meeting
Last Answer : b. email
Description : Which of the following processes are performed in the Closing process group and in what order? A. Contract Closure and then Close Project B. Scope Verification and then Close Project C. Contract Closure and then Scope Verification D. Close Project and then Contract Closure
Last Answer : A. Contract Closure and then Close Project
Description : Contract documentation is an input to both the Close Project and Contract Closure processes. Contract documentation might include all of the following except for which one? A. Supporting documents B. Contract changes C. Financial documents D. Procurement audit documents
Last Answer : D. Procurement audit documents
Description : .Sam Consultancy is planning to buy ten desktops for $1500 each from a leading computer store. Which type of contract will get signed in this case? A. Purchase Order B. Cost plus Fee C. Fixed cost D. Time and Material
Description : Project Scope: 1. is of concern only at the start of the project 2. is mainly a problem to be handled by the change control procedures during the project execution phase. 3. Should ... . is usually not a problem after the contract or other document authorizing the project has been approved.
Last Answer : 3. Should be managed and controlled from the project concept through close-out
Description : ) One of the initial project documents, issued by senior management, which outlines the authority of the project manager, is called Project charter. As a seller, what other document can be used in this place: 1. Work breakdown structure 2. Project scope 3. Contract 4. Internal memo
Last Answer : 3. Contract
Description : What is the last item a project manager must do to finalize project close-out? 1. Reassign the team 2. Contract completion 3. Archive the project records 4. Complete lessons learned 5. None of the above.
Last Answer : 2. Contract completion
Description : From a contract management perspective, the project manager must consider the: 1. acquisition process 2. contract administration 3. ecological environment 4. offer, acceptance, and consideration 5. a and b
Last Answer : 5. a and b
Description : )A new project was initiated that involves new technology and subsequently has never been done before. What type of contract would to owner want to issue to reduce or eliminate as much risk as possible. 1. Firm ... 2. Cost plus fix fee 3. Cost plus incentive fee 4. Lump sum 5. A and D
Last Answer : 5. A and D
Description : dummy activity is used in PERT network to describe the (A) Precedence relationship (B) Resource idleness (C) Resource restriction (D) Necessary time delay
Last Answer : Option A
Description : An activity whose start or end cannot be delay without affecting total project completion time is called ______ activity a. Dummy b. Non-critical c. Critical d. Important
Last Answer : c. Critical
Description : A dummy activity (A) Is artificially introduced (B) Is represented by a dotted line (C) Does not consume time (D) All the above
Description : An activity which does not consume either resource or time is called ............................. a. Predecessor activity b. Successor activity c. Dummy activity d. Terminal activity
Last Answer : c. Dummy activity
Description : An activity which must be completed before commencement of one or more other activities is called................................. a. Successor activity b. Predecessor activity c. Dummy activity d. None of these
Last Answer : b. Predecessor activity
Description : Project performance consists of (A) Time (B) Cost (C) Quality (D) All of the above
Last Answer : (C) Quality
Description : Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal. b. Developing skills that will enhance project performance. c. Gathering the ... together to work on a project. d. Establishing vision and direction towards a common purpose.
Last Answer : a. People working collaboratively towards a common goal.
Description : . The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.
Last Answer : a. quality assurance.
Description : Root Cause Analysis relates to: A. Process Analysis B. Quality Audits C. Quality Control Measurements D. Performance Measurements
Last Answer : A. Process Analysis
Description : Process Analysis is a function of: A. Performance Analysis B. Quality Metrics C. Process Improvement Plan D. Quality Improvement Plan
Last Answer : C. Process Improvement Plan
Description : A(n) _ is a review of the quality plan, procedures, data collection, and analysis by an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit
Last Answer : e. quality audit
Description : Fill in the blanks. It is during the ______________ phase that the decision should be made regarding whether the project should continue. During this phase, ____________ must be considered and weighed ... . closeout, resources c. execution, performance d. planning, timing e. initiation, risk
Last Answer : e. initiation, risk