Looking at types of networks, what type tends to be used for R & D projects where the risks in calculating time durations have a high variability?

Select one:

CPM

Gantt

PDM

ADM

PERT

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The major disadvantage of a bar chart is:

Select one:

Lack of time-phasing

Cannot be related to calendar dates

Does not show activity interrelationships

Cannot be related to labor planning

Cannot be related to cost estimates

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Line of balance charts are used most frequently in:

Select one:

Engineering

Marketing

Manufacturing

Accounting

Contracts and procurement

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The utility of network-based schedules:

Select one:

Reveals interdependencies

Facilitates "what if" exercises

They identify the longest path or critical paths

Provides information on resource requirements, time requirements, and trade-offs.

All of the above

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In the PDM, common constraints include:

Select one:

Start-to-start

Finish-to-start

Finish-to-finish

2 and 3 only

1, 2 and 3

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Smoothing out resource requirements from period to period is called resource _____________.

Select one:

Allocation

Partitioning

Leveling

Quantification

None of the above

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In PERT, the probabililty distribution of time required for an activity uses a ______________________ distribution.

Select one:

Normal

Poisson

Lambda

Gamma

Beta

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Based upon the situation, which method(s) shown below could be accceptable for reducing cost or shortening the schedule?

Select one:

Crashing

Changing scope

Performing activities in parallel rather than in series

All of the above

1 and 3 only

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In setting up network schedules, __________________ for an activity equals latest finish minus earliest start minus duration.

Select one:

Minimum Float

Maximum float

Critical Path

Cost of crashing

None of the above.

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The major difference between PERT and CPM networks is:

Select one:

PERT requires three time estimates whereas CPM requires one time estimate

PERT is used for construction projects whereas CPM is used for R & D.

PERT addresses only time whereas CPM also includes cost and resource availability

PERT requires computer solutions whereas CPM is a manual technique

PERT is measured in days whereas CPM uses weeks or months

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Planning activities such that predetermined resource availability pools are not exceeded is called:

Select one:

Resource leveling

Labor leveling

Resource-limited planning

Labor planning

Labor contingency planning

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The critical path in a network is the path that:

Select one:

Has the greatest degree of risk

is the longest path through the network and determines the duration.

Must be completed before all other paths

All of the above

1 and 2 only

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Once the logic of a network is laid out, the project manager will conduct a forward pass and backward pass through the network. This will provide information on the ____________ and identification of the _________________.

Select one:

Slack for each activity, critical path

Slack for each activity, degree of risk for activities

Labor overages, high-risk activities

High-risk activities, contingency plans

Labor availability, contingency plans

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A network has been developed with resources from six different departments. One of the six departments has just informed you that they can increase the number of employees from five to eight. This will result in:

Select one:

A shortening of the critical path

A shortening of the noncritical paths

A decrease in the total cost of the project

An increase in the total cost of the project

All are possible based upon where the resources are deployed

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Management has decided to crash a project in order to avoid penalty payments for late deliveries. Additional costs are expected. To crash the project, either overtime or additional resources should be assigned to:

Select one:

All activities

Only those activities with the longest time durations

Those activities on the critical path

Those activities with the greatest degree of risk

None of the above

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A line manager provides you with three estimates for his activity in your PERT network. His estimates are two weeks optimistically, four weeks most likely, and twelve weeks pessimistically. The expected time that would appear on the chart would be:

Select one:

Four weeks

Five weeks

Six weeks

Seven weeks

None of the above

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Scheduling systems such as PERT, ADM, and PDM are project management tools to be used by:

Select one:

The project manager and project office personnel

The project team and functional managers

The project sponsor

All of the above

1 and 2 only

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In understanding networks, it's helpful to know certain terms. What is the term that describes something "...that is equivalent to a milestone indicating when an activity starts or finishes."

Select one:

Activity

Event

Effort

Duration

Critical Path

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In the construction of a PERT Network, functional managers must submit their estimates using which assumption(s)

Select one:

Optimistic completion time.

Pessimistic completion time.

Most likely completion time.

All of the above.

None of the above.

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PERT and CPM vary in several respects. The text suggests one is that PERT is __________________ oriented and CPM is ____________________ oriented.

Select one:

Progress, Achievement

Activity, Event

Event, Activity

Labor, Capital

None of the above.