OM CH 4 Homework

Which of the following is not a general type of project?

*Innovative -Derivative -Platform -Breakthrough

Rank the following in regards to a project from the highest level down to the lowest

1. Program 2. Project 3. Task 4. Subtask 5. Work package

Which of the following is a term used to refer to pieces of work that consume time?

Activity

A schedule that lists all activities by their early start times is a

Early start schedule

When working on time-cost trade-off projects, which of the following pieces of information is not required?

Expected time

True or false: A benefit of a pure project is that you share equipment and people across projects

False

True or false: It is not possible to have a process change project that accommodates a large amount of change

False

True or false: There are relatively few management software options for practitioners

False

True or false: Typically, a task is performed by multiple groups of organizations.

False

When a project is housed within a functional division, such as manufacturing, it is called a ___ project

Functional

Activities that need to be completed before an activity are referred to as

Immediate predecessors

The costs associated with sustaining a project are referred to as

Indirect costs

If a delay of one activity delays the entire project, then this activity

Is on the critical path

A project has how many critical paths?

It is possible to have multiple critical paths

Which project organizational structure blends properties of functional and pure strategies?

Matrix

When crashing a project, the first activity of your crash should be

On the critical path with the lowest crash cost per day

Which of the following is not a direct activity cost?

Overhead

All of the following are constraints addressed in project management except:

People constraints

Which of the following is not a resource considered in project management?

Place

When calculating the slack time of an activity, it is the difference between an activities

Start or finish times

What term best describes the written description of the objectives to be achieved in a project?

Statement of work

When breaking down a project, what term is used to describe these subdivisions?

Task and subtask

The critical path is

The longest chain of activities in a project

Activity A is a predecessor for activities B and C. When determining the late finish time for activity A, you select?

The smaller of the late starts for B and C.

When a single time estimate of an activity completion time is not reliable, you should use

Three time estimates

The extension of the critical path model that considers trade-offs between activity times and costs is often referred to as

Time-cost models

True or false: A firm should have a mix of projects that best support's its strategy

True

True or false: When all activities are completed, the project is finished

True

What term best describes the group of activities assigned to a single organizational unit?

Work package

When calculating activity variance, what is X in the following calculation? (X/6) ^2

b-a

Which of the following is not a motivation for using a late start schedule?

*Postponing the start of the entire project -Postponing costs until necessary -Postponing the use of labor -Postponing the purchase of labor

In the following identification of activity C, the number represents which of the following?

The expected duration

When calculating the probability of a project completion, you use the sum of variances of ___ in the denominator

Activities on the critical path

When calculating the critical path for a three time estimate project, you use the ___ as the activity duration time

Expected time

All of the following are types of project organization structures except

Process* -Pure -Functional -Matrix

Which of the following is defined as a series of jobs usually direct toward some major output and requires a significant period of time to perform?

Project

A specific event that should be reached at a certain point in time are often referred to as?

Project milestone

A project where all members of the team work on the project full time is an example of which project organizational structure?

Pure