Question 13(4 points)

Order the four below in terms of the sequence in which they would typically be performed (1 being thefirstand 4 being last).

A-Develop project schedule

B-Create WBS

C-Determine budget

D-Create network diagram

Question 14(4 points)

Which of the following could characterize the project's critical path?

A-The path with the greatest number of activities

B-The path with the least number of activities

C-The path whose schedule risk is the highest

D-The path whose schedule risk is the least

Question 16(4 points)

The risk register can contain

A-Project risks

B-Potential risk responses

C-Risk urgency

Question 18(4 points)

Qualitative risk analysis is used to

A-Determine the impact of risk on quality

B-Determine the quality of the risk identification effort

C-Prioritize individual project risks

D-Determine the quality of the overall risk management processes

E-Lists all risks which are expected to be addressed in the near term

Question 21(4 points)

Contract penalty clauses are a way to

A-Completely avoid risk

B-Transfer risk

C-Escalate risk

D-Accept risk

Question 23(4 points)

A project plan is for constructing 100 tool booths along a stretch of highway in 5 months at a cost of one million dollars.Assume that the plan is for uniform construction rate and spending. Three months after project start, 50% of the toll booths have been completed. What is the project's approximate SPI at this point in time (three months after project start)?

Question 23 options:

0.83

0.5

1.2

1

Question 26(4 points)

Crashing a critical path activity

A-Will always reduce the project schedule/duration

B-May not necessarily reduce the project schedule/duration

C-Will always result in another critical path being created

D-Will always significantly increase the project's risk

Question 27(4 points)

Activity P on a project has exactly 5 predecessors A, B, C, D, and E whose early finish days are 22, 32, 38, 50, and 32, respectively. (Here"day"means"days after project start".) What is the early start day of P?

A-33

B-23

C-51

D-22

Question 29(5 points)

This question is associated withPart 2in your assignment. Which of the following is the answer you got forPart 2- the probability of the project completing in less than 34 weeks (based on modeling theentire schedule)?

A-About 90%

B-About 70%

C-About 40%

D-Less than 5%