1 Question1 Referring to Drucker (2006), which of the following describes a BAD action plan 1 point It should be a basis for executive time management, anticipating a likely scenario for time spend in the project It provides a system for checking against expectations, adjusting the course of action as the plan is executed It should have the best estimate for all tasks in order to anticipate what needs to be done, but it should be flexible as the plan is executed and new pieces of information arise It should provide a straight commitment from the management, both for the tasks to be executed and target of the plan, leaving no room for change or adaptation 2 Question2 A Work Breakdown Structure is used to visualize and break a project into 1 point Work packages Organizational hierarchy A critical path Time units 3 Question3 When planning a festival, the program cannot be printed before the key artists are committed Which precedence relationship best describes the relationship between get artists' commitment and print program 1 point Start to Start Start to Finish Finish to Finish Finish to Start 4 Question4 Figure 1 Design Dependency Structure Matrix for Project X According to the pictured Design Dependency Structure Matrix, Task 4 is dependent on which tasks 1 point Task 2 only Tasks 2 and 3 Task 5 only Tasks 5 and 6 5 Question5 Figure 2 Network Diagram for Project X What is the earliest possible completion time for this project 1 point 11 weeks 12 weeks 13 weeks 14 weeks 6 Question6 Figure 2 Network Diagram for Project X Which tasks will be critical if the Sales task takes 7 weeks instead of 6 1 point Creative, Fundraising, and HR Strategy, Marketing, and Finance Creative, Sales, and Finance HR Creative, Sales, and Finance 7 Question7 Figure 2 Network Diagram for Project X If the IT task takes 6 weeks instead of 5, what will be the earliest possible completion time for this project 1 point 14 weeks 15 weeks 16 weeks 17 weeks 8 Question8 What is the main goal of crashing a project activity 1 point To create less slack in the project To create less risk associated with the project To eliminate the emergence of a new critical path To increase the duration of project activities 9 Question9 Which of the following describes an as soon as possible schedule 1 point Delays the committment of costs and resources Constrained by time so compromise costs early on to provide slack time Benefits on costs, but downside on time Constrained by costs so incur them immediately 10 Question10 The backward pass is used to determine the Latest Start Time (LST) and Latest Finish Time (LFT) of tasks The LFT of a task is the of the LST of all succeeding tasks 1 point Average Minimum Maximum Sum

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1. Question1 Referring to Drucker (2006), which of the following describes a BAD action plan? 1 point It should be a basis for executive time

Question1

Referring to Drucker (2006), which of the following describes a BAD action plan?

1 point

It should be a basis for executive time management, anticipating a likely scenario for time spend in the project

It provides a system for checking against expectations, adjusting the course of action as the plan is executed

It should have the best estimate for all tasks in order to anticipate what needs to be done, but it should be flexible as the plan is executed and new pieces of information arise

It should provide a straight commitment from the management, both for the tasks to be executed and target of the plan, leaving no room for change or adaptation

Question2

A Work Breakdown Structure is used to visualize and break a project into:

1 point

Work packages

Organizational hierarchy

A critical path

Time units

Question3

When planning a festival, the program cannot be printed before the key artists are committed. Which precedence relationship best describes the relationship between "get artists' commitment" and "print program"?

1 point

Start-to-Start

Start-to-Finish

Finish-to-Finish

Finish-to-Start

Question4

Figure 1: Design/Dependency Structure Matrix for Project X

According to the pictured Design/Dependency Structure Matrix, Task 4 is dependent on which tasks?

1 point

Task 2 only

Tasks 2 and 3

Task 5 only

Tasks 5 and 6

Question5

Figure 2: Network Diagram for Project X

What is the earliest possible completion time for this project?

1 point

11 weeks

12 weeks

13 weeks

14 weeks

Question6

Figure 2: Network Diagram for Project X

Which tasks will be critical if the Sales task takes 7 weeks instead of 6?

1 point

Creative, Fundraising, and HR

Strategy, Marketing, and Finance

Creative, Sales, and Finance/HR

Creative, Sales, and Finance

Question7

Figure 2: Network Diagram for Project X

If the IT task takes 6 weeks instead of 5, what will be the earliest possible completion time for this project?

1 point

14 weeks

15 weeks

16 weeks

17 weeks

Question8

What is the main goal of crashing a project activity?

1 point

To create less slack in the project

To create less risk associated with the project

To eliminate the emergence of a new critical path

To increase the duration of project activities

Question9

Which of the following describes an "as soon as possible" schedule?

1 point

Delays the committment of costs and resources

Constrained by time so compromise costs early on to provide slack time

Benefits on costs, but downside on time

Constrained by costs so incur them immediately

10.

Question10

The backward pass is used to determine the Latest Start Time (LST) and Latest Finish Time (LFT) of tasks. The LFT of a task is the _____ of the LST of all succeeding tasks.

1 point

Average

Minimum

Maximum

Sum