OMIS 352 Chapter 6

Based upon the following diagram and activity durations, the Critical Path is

A+B+C+F+H+J

Many organizations have a kick-off meeting because

All of these

The project budget is determined by the project schedule, the cost of the resources assigned to each of the tasks, and by any other direct or indirect costs and reserves.

True

_____ can help manage the Critical Path by providing information about which activities can be delayed without affecting the deadline target date.

Project Network Diagrams

Funds allocated for unexpected expenses are _____

Reserve costs

_____is ensuring that project resources are not overallocated.

Resource levelling

An activity being analyzed under PERT was judged to most likely have a duration of 40 days. When considering the time it would take to complete the activity if every relevant factor went well, it was estimated to be able to be doable in 20 days and even under the worst case imaginable, the task would be take 50 days. The estimates PERT duration of that activity is:

38.33 days

A parallel activity is a task that can be worked on at the same time as another activity.

True

A reserve can provide a cushion when unexpected situations arise.

True

An over allocated resource would arise when Mary is assigned to work on two tasks scheduled at the same time.

True

Installing a server before loading the operating system is an example of a finish-to-start relationship.

True

PERT was developed in the 1950s to create a visual representation of scheduled activities, their logical sequence, and interrelationships using a statistical probability distribution.

True

Parallel activities can shorten the project schedule, but can have an impact on project resources if a resource is assigned to two tasks at the same time.

True

Project network diagrams provide valuable information about the logical sequence and dependencies among the various activities and tasks so that a completion date or deadline can be determined.

True

The cost of labor for using a resource are _____

Direct costs

Identifying the critical path is important because a project can only have one critical path and it never changes.

False

Installing the operating system on a computer before loading any application packages is an example of:

Finish-to-start (FS)

Start-to-Start and Finish-to-Finish relationships allow activities to be worked on in parallel.

True

The tool most closely associated with activity bars across a horizontal time axis is:

Gantt Charts

Waiting to leave your shift until another person shows up is an example of:

Start-to-finish (SF)