PRoject management all quiz

An activity performed by a subcontractor is scheduled for 20 weeks at an anticipated cost of $100,000. Due to slippage on the critical path you need to reduce this activity by three weeks. If the subcontractor informs you that the activity can be completed in 16 weeks for $200,000, what is the slope for the activity? $5,000 per week $33,333 per week $25,000 per week $12,500 per week

$25,000 per week

Three workers complete a full 8-hour day finishing concrete for a terrace. All three workers are paid $12 an hour and the job bills to the customer for $450. What are the total direct labor costs? $450 $12 $288 $96

$288

Concurrent activities are: Activities that must be done one after the other. Activities that use labor from the same group of workers. Activities that can be performed at the same time. Activities that use resources from the same resource pool.

Activities that can be performed at the same time.

Project management includes setting a baseline plan, which is predicated on: The progress measurement. An accurate work breakdown structure. The type of gap analysis the project team plans to use. The budget and schedule limitations.

An accurate work breakdown structure.

A budget that is created by starting with the work breakdown structure, determining costs for each work package, and then adding these costs together is: Zero-based budgeting. Top-down budgeting. Bottom-up budgeting. Activity-based budgeting.

Bottom-up budgeting.

A project manager can calculate the projected budget to completion by using the: Budgeted cost at completion index. Budget efficiency index. Cost performance index. Schedule performance index.

Cost performance index.

The earned value divided by the actual, cumulative cost of the work to date is the: Cost performance index. Budgeted cost at completion index. Budget efficiency index. Schedule performance index.

Cost performance index.

The process of accelerating a project is referred to as: Streamlining. Expediting. Rushing. Crashing.

Crashing.

One approach to reducing project length would be to: Convert parallel paths to be serial. Use hammock activities in place of multiple activities. Convert merge activities to burst activities. Eliminate tasks on the critical path.

Eliminate tasks on the critical path.

Which of these statements about early termination decisions is BEST? The decision to pull the plug is usually clear-cut. A project's viability is usually a purely internal issue. Projects that can fulfill a useful purpose in the marketplace are not killed. External reasons, such as a change in the organization's environment, are often the reasons for project termination.

External reasons, such as a change in the organization's environment, are often the reasons for project termination.

An expedited cost is one that does not vary with respect to their usage. True False

False

Finish to start lags are the same as additional activity slack. True False

False

Gantt charts cannot depict float. True False

False

Most project management software employs AOA diagramming. True False

False

Since a project may get ahead of or fall behind schedule, a calendar date cannot be a milestone. True False

False

The actual carryover from one project to another is minimal because projects are unique, one-time events. True False

False

At the start of the Execution Phase, it is important for the project leader to hold a project kick-off meeting to determine how a team will operate. The team needs to make decisions on each of the following EXCEPT Team Ground Rules Roles and responsibilities Meeting schedule and content How the project leader will make decisions on their own

How the project leader will make decisions on their own

At the start of the Execution Phase, it is important for the project leader to hold a project kick-off meeting to determine how a team will operate. The team needs to make decisions on each of the following EXCEPT eam Ground Rules Roles and responsibilities Meeting schedule and content How the project leader will make decisions on their own

How the project leader will make decisions on their own

The most common method for shortening activity durations involves the decision to: Eliminate bureaucracy. Alter the technology used in the activity. Assign more senior personnel to the activity. Increase project resources.

Increase project resources.

Which of these approaches will NOT accelerate the completion of a project? Improve the productivity of existing project resources. Increase the bureaucratic oversight. Improve the working method. Increase the quantity of personnel and equipment.

Increase the bureaucratic oversight.

Projects accumulate quantities of unused supplies and materials. It is imperative that an organization have a method for disposing of these materials when a project is terminated. This issue is: Intellectual and internal. Intellectual and external. Emotional and of the project team. Emotional and of the client.

Intellectual and internal.

Which technique would accelerate the completion of a project? Hammocking Bursting Passing Laddering

Laddering

The primary goal in requiring a project final report is to: Formally close out the project. Provide the customer with a sense of completion. Lay the groundwork for successful future projects. Find out the root cause for all failures, both major and minor.

Lay the groundwork for successful future projects.

An activity has an optimistic time estimate of 25 days, a most likely estimate of 29 days, and a pessimistic estimate of 34 days. What is the expected duration of the activity? Less than 31 days but greater than or equal to 29 days Less than 29 days but greater than or equal to 27 days Less than 27 days but greater than or equal to 25 days Less than 25 days

Less than 31 days but greater than or equal to 29 days

Which of these is typically a recurring cost? Preliminary market analysis Personnel training Outplacement services Logistics

Logistics

A significant challenge during the finishing the work element of project closeout management is to: Demonstrate viability of the project. Gain customer acceptance of the product. Maintain focus on the current project. Capitalize on new opportunities that arise from this project.

Maintain focus on the current project.

An event that represents a significant accomplishment is called a Celebration Milestone Finish Date Task

Milestone

The assistant professor frantically prepared his tenure and promotion dossier for the personnel committee. The deadline loomed and he had several other things to accomplish - deadlines for papers and key correspondence that demanded replies. By his reckoning, he probably didn't have enough toner, paper, or computing time available to accomplish all that he had left to do. His project is unfortunately: Time constrained. Resource constrained. Mix-constrained. Personally constrained.

Mix-constrained.

The One Shovel Construction Company is hired by the City of Edmond to lay sewer pipe from the east end of town to the west end of town using their single shovel to dig the trench. While the crew would like to begin at both ends simultaneously and have a dramatic ceremony when both ends meet, they find themselves with a bit of a: Time constraint. Resource constraint. Mixed constraint. Partial network.

Resource constraint.

In addition to identifying overallocation of people, a resource usage table can also be used to identify overallocation of: Tasks. Managers. Money. Resources.

Resources.

A lessons-learned analysis falls under the project closeout management element of: Reviewing how it all went. Finishing the work. Handing over the product. Putting it all to bed.

Reviewing how it all went.

Project leaders need to balance concern for resources with concern for People's feelings Schedule Hiring Paperwork

Schedule

Which of these indirect costs is typically classified as a selling or administrative cost? Secretarial support Utilities Insurance Depreciation

Secretarial support

Which of these is typically a nonrecurring cost? Site study Labor Material Sales

Site Study

If an activity's progress is defined as 0% until the activity is complete, the project manager is using: The 50/50 rule. The all or nothing rule. The 0/100 rule. The Do Not Pass Go rule.

The 0/100 rule.

Which of the following would NOT typically be displayed in a resource loading table? The project team members The tasks the project team members have been assigned The time the activities are expected to take The expenses allocated to the activities

The expenses allocated to the activities

In non-binding arbitration: The judge can offer suggestions for dispute resolution but cannot enforce these opinions. The two parties agree to open up, or unbind, their books for inspection by the other party. The client and project organizations both agree to perform exactly what the judge decrees. The client and project organizations are not bound by the rules of law.

The judge can offer suggestions for dispute resolution but cannot enforce these opinions.

One reason for crashing a project is: The project has slipped behind schedule. That the initial schedule may be too pessimistic. Market needs change and the project is not in demand any more. There are no repercussions for delivering the project late.

The project has slipped behind schedule.

The project plan is supported by: The work breakdown structure, the budget, and the schedule. The work breakdown structure, the budget, and the work packages. The work breakdown structure, the work packages, and the schedule. The work breakdown structure, the schedule, and the contingency plan.

The work breakdown structure, the budget, and the schedule.

Research clearly indicates that when team members have experienced positive psychosocial outcomes from a project: They are actually less likely to work collaboratively in the future. They tend to fear future projects because they feel the law of averages will catch up with them. Their enthusiasm level wanes due to mental and physical exhaustion. They are more likely to work collaboratively in the future.

They are more likely to work collaboratively in the future.

Input is received from an organization's management to create a project budget in: Zero-based budgeting. Top-down budgeting. Bottom-up budgeting. Activity-based budgeting.

Top-down budgeting.

A merge activity has two or more immediate predecessors. True False

True

A project manager needs the work breakdown structure and a time-phased project budget to establish the project baseline. True False

True

A resource loading table is created through identifying the project activities and their resources required to completion and applying this information to the project schedule baseline. True False

True

Burst activities are those with two or more successor activities. True False

True

Five weeks in the semester you have completed 0% of your project management class under the 0/100 rule. True False

True

Float is always measured in exactly the same way as slack. True False

True

In an actual project, one means of crashing critical path activities would be to perform at a lower level of quality. True False

True

Laddering is a technique that allows the project manager to redraw the network to more closely sequence project subtasks to make the overall network sequence more efficient. True False

True

Project close-outs can be difficult because ending can be a de-motivator. True False

True

Quite often the marginal gains in employee productivity decrease dramatically with the increased use of overtime. True False

True

Resource leveling, sometimes referred to as resource smoothing, determines resource requirements and uses resources at the most even level profiles possible. True False

True

Splitting tasks can be used to help resolve resource conflicts. True False

True

The best method for establishing the existence of resource conflicts across project activities uses resource-loading charts. True False

True

The classic S-curve is a plot of cumulative cost versus elapsed time in weeks. True False

True

The one factor that earned value management considers that an S-curve does not include is performance. True False

True

The project control cycle is continuous. True False

True

The project implementation profile assesses the performance of the project team with respect to 10 critical success factors and can be used on an ongoing project. True False

True

Tracking progress is difficult because the project leader must maximize the status information gathered while minimizing the effort by the team to provide status. True False

True

The difference between a manager with ten years' experience and one with a year's experience ten times is: Dependent on the manager's tenure with the company. Nine years. Whether lessons-learned were truly learned. Dependent on whether the manager's projects were successful.

Whether lessons-learned were truly learned.

In a multi-project environment, resource allocation decisions should be made based on all of the following EXCEPT Which projects are first in line Which projects have the greatest resource demand Which projects enable a company to minimize late finish times Which projects are favorites

Which projects are favorites

An activity has an expected duration and an expected cost. Another name for an activity is a(n): Work package. Critical path. Node. Event.

Work package.