Project Management

Your team's project has fallen slightly behind schedule and will incur late penalties unless the project can be brought back on schedule. Which of the following actions would be most appropriate in this situation? Eliminate non-critical-path activities because they aren't that important. Renegotiate the deadline with the project sponsor/customer. Crash or shorten the duration those activities on the critical path that are next in line (to be completed). Crash or short the duration of those activities on the critical path with the lowest per-period crashing costs.

Crash or short the duration of those activities on the critical path with the lowest per-period crashing costs.

A Gantt chart provides better visibility of interdependencies than a network diagram (especially when the project has many tasks).

False

Which is the correct formula for calculating slack time?

LS - ES

In which of the following settings would project management techniques be most appropriate? Managing the Crossroads (on-campus) food court Scheduling flights for Southwest Airlines Planning the introduction of the next-generation iPod Running an IBC company (on-campus student company)

Planning the introduction of the next-generation iPod

The earliest start (ES) of an activity that has only one predecessor is simply the earliest finish (EF) of that predecessor.

True

Which of the following expenses are most likely to be incurred when crashing a project? overtime subcontracting buying or renting additional equipment paying for expedited shipping all of the above

all of the above

Leaving "no stone unturned" corresponds to which project-related activity? creating the work breakdown structure executing project plans writing the project charter reporting on the progress of the project

creating the work breakdown structure

What is the best way for a project manager to lead his team to overcome the conventional wisdom (constraints) of the project management triangle? (Note, this is not a trick question but a real question intended for disciple-leader students at BYU-Idaho who believe in the prophecies spoken by President Eyring in "A Steady Upward Course," where graduates of BYU-Idaho will be able to do more with less.) become certified in project management by the Project Management Institute (PMI) reduce the scope of the project hire additional workers exercise faith and good works

exercise faith and good works

In which of the following project organization structures will project personnel battle with competing allegiances? (Check all that apply.) project organization lightweight project matrix organization heavyweight project matrix organization functional organization

heavyweight project matrix organization lightweight project matrix organization

project manager should...(check all that apply) know how to effectively delegate be able to articulate the vision of the project possess deep knowledge and skill in all the functional areas involved in the project have proper organizational authority "leave no stone unturned" when identifying all the tasks to be performed

know how to effectively delegate be able to articulate the vision of the project have proper organizational authority "leave no stone unturned" when identifying all the tasks to be performed

Let's suppose you get assigned to lead a project that will require team members from a variety of functional areas (or departments) within your company. Deep functional expertise is not required from the team members. Rather, the project must be completed as quickly as possible (which will require a focus on cross-functional coordination). Which project structure would you recommend to the project sponsors (your management)? project organization (heavyweight project matrix organization, all team members report directly to the project manager) lightweight project matrix organization functional organization

project organization (heavyweight project matrix organization, all team members report directly to the project manager)

Project organizations are typically temporary in nature because they are less effective than traditional organizations projects have a limited lifetime project managers tend to get too territorial and political if left unchecked project personnel are more prone to get burned out

projects have a limited lifetime