Chapter 5: Planning Projects, Part II

(T/F) There can be more than one critical path on a project

True

(T/F) There is usually no cost or duration associated with a milestone

True

_____ is a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost a. Crashing b. Deflating c. Compacting d. Minimizing

a

After defining project activities, the next step in project time management is activity ____ a. Organization b. Sequencing c. Segmenting d. Ordering

b

Slack of ____ is the amount of time an activity may be delayed without delaying a succeeding activity of the project finish date a. Leeway b. Float c. Redundancy d. Space

b

What is the PERT weighted average based on an optimistic estimate of six days, a most likely estimate of eight days, and a pessimistic time of sixteen days? a. 6 b. 9 c. 8 d. 10

b

In an AOA network diagram, ____ occur when two or more activities follow a single node a. Drives b. Merge c. Bursts d. Runs

c

The ____ method is a networking diagramming technique used to predict total project and duration a. PERT b. Gantt Chart c. Critical Path d. Crashing

c

____ management includes the processes required to ensure that a project team completes a project with an approved budget a. Control b. Delivery c. Cost d. Outlays

c

____ estimates involve estimating individual activities and summing them to get a project total a. Ad hoc b. Provisional c. Temporary d. Bottom-up

d