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PLEASE ANSWER THE FOLLOWING QUESTIONS AND BOLD THE ANSWER? 1.A project manager is estimating the project duration and finds that the only information available to

PLEASE ANSWER THE FOLLOWING QUESTIONS AND BOLD THE ANSWER?

1.A project manager is estimating the project duration and finds that the only information available to him is a previous project that was quite different from the current one. However, some portions of the previous project were similar to the current one. Which of the following tools is the project manager likely to use?

Group of answer choices

Three point estimates

PERT

Parametric estimates

Analogous estimating

2.A technique that iterates the project schedule many times to calculate a distribution of possible project completion dates is called:

Group of answer choices

Pareto cost analysis

Deming analysis

Monte carlo analysis

Monteford analysis

3. In a finish-to-start relationship between predecessor and successor activities, a project manager decides to schedule a successor activity five days before its predecessor is complete. This is accomplished by providing five days of:

Group of answer choices

Load

Fast tracking

Lag

Lead

4. Lag means

Group of answer choices

The amount of time an activity can be delayed without delaying the early start date of its successor.

The amount of time an activity can be delayed without delaying the project finish date.

Waiting time

The product of a forward and backward pass.

5. What is the best method of estimating time for an activity that has never been done by your company before?

Group of answer choices

Parametric analysis

Three point estimating

Monte Carlo analysis

Analogous estimating

6. Which of the following is correct?

Group of answer choices

Fast tracking will result in fewer parallel activities than crashing the project.

Fast tracking often results in rework, and crashing often results in increased cost.

Crashing always shorten the timeline but often increase risk.

Crashing is only a viable alternative if earned value analysis indicates that the project is ahead of schedule and under budget.

7. Which of these is accurate regarding the Develop Schedule process?

Group of answer choices

The critical path method is a schedule network anaysis technique that is performed using the schedule model

Schedules are optimized such that all non-critical path activities have a zero total float.

Schedule network analysis is a technique that is carried out once the schedule is approved.

Schedule compression shortens the project schedule while changing the project scope.

8. A project manager for a global business expansion project lost a key resource on the project due to sudden illness. The resource is expected to recover in three weeks. Luckily the resource needs to start working on a deliverable exactly after three weeks. What is the BEST option for the project manager?

Group of answer choices

Take no action. Just keep in touch with the resource.

Call the resource and let him know the importance of getting back on time

Immediately ask for a replacement resource

Add a three week contingency to the project schedule to cover up for absence.

9. A project manager working on highway extension project finds out that noise barriers are required to be approved by the provincial highway authority before the work can proceed. The company does have a defined process and forms to go through the approval process. This defined process can be called as _______.

Group of answer choices

Enterprise environmental factor

A project

Government requirement

A program

10. A work breakdown structure was created for the auto parts plant manufacturing project. The team reached a point where they were able to identify 75 work packages. The work package information was sent to various departments for review. All departments were content with the level of detail for their work package but the stores department objected that the work packages are too high level and should be subdivided into smaller manageable packages so that accurate estimate can be prepared and detailed schedule can be developed. The team identiified a technique to fulfill this request. Which technique is it?

Group of answer choices

Analogouse estimating followed by parametric estimating

Rolling wave planning

Work package by type of resource instead by department

Discretionary planning

11. An organization uses a desktop scheduling software for project scheduling. What would be this software considered as?

Group of answer choices

Integrated change control system

Project management office

Enterprise Environmental factor

Organizational process asset

12. One of the resources on your project asks you that she has been assigned two tasks that have a 5 days lag between them and have a start-to-start relationship. What does that mean?

Group of answer choices

Successor task will start 5 days after the predecessor task finishes

Successor task will start 5 days after the predecessor task starts

Successor task will start 5 days before the predecessor task finishes

Successor task will finish 5 days after the predecessor task starts

13. The project schedule that you had submitted to the customer is not acceptable because the product delivery date is two months farther out than what the customer wants. Your company has a deep expertise in the subject area and several more resources are available that can be engaged by the project. What will you do?

Group of answer choices

Estimate activity resources

Resource leveling

Fast track the project schedule

Crash the project schedule

14. What is the advantage the precedence diagramming method has over other network techniques?

Group of answer choices

It is the most commonly used technique

It provides a graphical view of dependencies among activities

It shows the project start and finish dates

It shows the project progress at any point in time

15. When will the parametric estimating be considered most reliable?

Group of answer choices

When estimating is done at higher level and distributed down to activities

When estimating is done at activity level and then summed up for the project

When considerable historical data is taken into account

When expert judgement is used

16. Which of the following is NOT a tool and technique for control schedule process?

Group of answer choices

Schedule compressionn

Resource leveling

PERT analysis

What-if scenario analysis

17. Which technique will you use to engage a very hard to find expensive resource so that you can maximise the value?

Group of answer choices

Resource Leveling

What if scenario

Fast tracking

Pareto analysis

18. You are mentoring a new project manager who recently started her career in project management. She wants to know which deliverable will provide her the criteria and guidelines to create and manage the project schedule. What will be your reply?

Group of answer choices

Resource management plam

Schedule management plan

Schedule baseline

Activity management plan

19. You are starting a new project as project manager. While talking to various resources you found that one full-time resource will be on vacation for four weeks during project execution. What will you do?

Group of answer choices

Update activity attributes of activities for which this person is a resource

Update the resources calendar with the information

Modify schedule baseline and critical path

Inform the resource that he cannot go away for four weeks in the middle of the project

20. You are the senior manager on a new product development project. Your project management team includes a resource manager, a reporting manager, and a scheduler. You have advised the scheduler to build the schedule with the most common activity to activity relationship. What relationship among the following are you referring to?

Group of answer choices

Start to start

Finish to start

Finish to finish

Start to finish

21. You being the project manager of fertilizer plant extension project are reviewing the schedule developed for your project. Your goal is to determine the project end date based on schedule analysis of least flexible activities. Which tool are you using to perform this analysis?

Group of answer choices

Critical chain method

Critical path method

Precedence diagramming method

Ishikawa diagram

22. You have realized that you have to crash a few tasks in order to meet the external deadline. What is going to be your approach?

Group of answer choices

Crash as many tasks as I can to reduce overall effort

Crash tasks on critical path

Crash tasks that have the highest cost associated with them

Crash non-critical tasks to remove wasted time

23. Your colleague has been working as project manager on Human Resource Information system project. From the first month the project schedule started to slip and this has been the trend for the past six months. Almost all deliverables have been late and the sponsor and end users are all disappointed. He told you, over a cup of coffee, that his reputation is on line and does not know what to do. You worked with him and used what if scenario to identify factors that impacted the schedule. After that you recommended to him to:

Group of answer choices

Add new activities into the schedule to cover the identified factors

a change request to update the schedule baseline and follow integrated change control procedures

Redevelop schedule with ample float to manage the identified factors

Send the list of factors to the sponsor and end-user with an explanatory note

24. Your management has asked you to review a troubled project and suggest the best course of action. The project is expected to be completed one week later than the baseline completion date. Though the project has a low risk, the internal rate of return is expected to be 15% which is promising. A closer review of the schedule reveals that most dependencies built are discretionary. You asked management about resource availability to find out if more resources can be engaged to speed up the work but was told that no resources are available. What do you suggest?

Group of answer choices

Change discreationary dependencies to lags

Remove few non-critical activities to reduce the schedule

Fast track the schedule

Move resources from non-important activities to major activities

25. Project variance is computed based on variances associated with all project activities.

Group of answer choices

True

False

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