Operations Chapter 3
a code of ethics especially for project managers...
has been established by the project management institute
Gantt charts give a timeline for each of a project's activities, but do not adequately show the interrelationships of activities
true
The ES of an activity that has only one predecessor is simply the EF of that predecessor
true
by their very nature, projects have a limited lifetime, and that sets project management apart from the management of more traditional activities
true
ethical issues which can arise in projects include bid rigging, bribery, and "low balling"
true
every network has at least one critical path
true
in PERT analysis, the identification of the critical path can be incorrect if a noncritical activity takes substantially more than its expected time
true
in project management, crashing an activity must consider the impact on all paths in the network
true
one phase of a large project is scheduling
true
one responsibility of a project manager is to make sure that the project meets its quality goals
true
project managers have their own code of ethics, established by the project management institute
true
slack is the amount of time an activity can be delayed without dealing the entire project
true
__ divides a project into more and more detailed components
work breakdown structure (WBS)
If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost os $2,000, the crash cost per period is
$400
If an activity whose normal duration is 13 days can be shortened to 10 days for an added cost of $1,500, the crash cost per period is...
$500
A contractor's project being analyzed by PERT has an estimated time for the critical path of 120 days. The sum of all activity variances is 81; the sum of variances along the critical path is 64. The probability that the project will take 130 or more days to complete is...
0.1056
A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 100, the probability that the project will take 224 days or more to complete is
0.1587
Contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion. Analysis of the activity network reveals an estimated project time of 145 working days with a project variance of 400. What is the probability that the project will be completed before the late-payment deadline?
0.9599
A project whose critical path has an estimated time of 120 days with a variance of 100 has a 20% chance that the project will be completed before day __.
112
Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a 0.90 probability that the project will be complete before approximately day__.
118
An activity on a PERT network has these time estimates: optimistic=1, most likely=2, and pessimistic=5. Expected time is...
2.33
An activity on a PERT network has these time estimates: optimistic=2, most likely=3, and pessimistic=8. Expected time and variance (if it is a critical activity) are...
3.67; 1
An activity on a PERT network has these time estimates; optimistic =2, most likely=5, and pessimistic=10. Its expected time is
5.33
A project whose critical path has an estimated time of 820 days with a variance of 225 has a 20% chance that the project will be completed before day __.
807
the network analysis method that allows activity times to vary is__
PERT (program evaluation and review technique)
What was the name of the construction project to rebuild the Pentagon after the terrorist attacks on Sept. 11, 2001?
Project Phoenix
Which of the following statements regarding PERT times is true? a. the optimistic time estimate is an estimate of the minimum time an activity will require b. the optimistic time is an estimate of the maximum time an activity will require c. the probably time estimate is calculated as t=(a+4m+b) d. pessimistic time estimate is an estimate of the minimum time an activity will require e. most likely time estimate is an estimate of the maximum time an activity will require
a
A local project being analyzed by PERT has 38 activities, 16 of which are on the critical path. If the estimated time along the critical path is 90 days with a project variance of 25, the probability that the project will be completed in 88 days or less is a. 0.0228 b. 0.3446 c. 0.6554 d. 0.9772 e. 18
b
A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path. If the estimated time along the critical path is 105 days with a project variance of 25, the probability that the project will be completed in 95 days or less is a. -0.4 b. 0.0228 c. 0.3444 d. 0.9772 e. 4.2
b
A simple CPM network has 5 activities, A,B,C,D,E. A is an immediate predecessor of C and of D. B is also an immediate predecessor of C and of D. C and D and both immediate predecessors of E. a. there are 2 paths in this network b. there are 4 paths in this network c. there are 5 paths in this network d. there are 25 paths in this network e. none of the above are true
b
In a PERT network, non-critical activities that have little slack need to be monitored closely because... a. PERT treats all activities as equally important b. near-critical paths could become critical paths with small delays in these activities c. slack is undesirable and needs to be eliminated d. they are causing the entire project to be delayed e. they have a high risk of not being completed
b
The time of an activity will take assuming very unfavorable conditions is: a. optimistic time b. pessimistic time c. activity variance d. minimum time e. exactly twice as long as the expected time
b
Which of the following statements about Bechtel is true? a. even though it is over 100nyears old, the Kuwaiti oil fields was its first project b. it is the world's prier manager of massive construction and engineering projects c. its competitive advantage is supply chain management d. while its projects are worldwide, its network of suppliers is largely in the us e. all of the above
b
Which of the following statements regarding time-cost tradeoffs in CPM networks is false? a. "project crashing" shortens project duration by assigning more resources to critical assets b. crashing sometimes has the reverse result of lengthening the project duration c. crashing must consider the impact of crashing an activity on all paths in the network d. activities not on the critical path can become critical after crashing takes place e. all of the above are true
b
The __ distribution is used by PERT analysis to calculate expected activity times and variances
beta
the __ distribution is appropriate for calculating expected activity times and activity variances in PERT networks
beta
Activity M on a CPM network has predecessors N and R, and has successor S. M has duration 5. N's late finish is 18, while R's is 20. S's late start is 14. Which of the following is true? a. M is critical and has zero slack b. M has no slack but is not critical c. The LS time of S is impossible d. N is a critical activity e. S is a critical activity
c
The Beta distribution is used in project management to a. determine which activity should be crashed b. calculate the probability that a project will be completed within its budget c. calculate expected activity times d. calculate slack for activities on the critical path e. none of the above
c
Which of the following statements regarding PERT times is true? a. expected time is an estimate of the time an activity will require is everything goes as planned b. the optimistic time estimate is an estimate of the maximum time an activity will require c. the probable time estimate is calculated as t=(a+4m+b)/6 d. pessimistic time estimate is an estimate of the minimum time an activity will require e. most likely time estimate is an estimate of the maximum time an activity will require
c
Which of the following statements regarding project management is false? a. gantt charts give a timeline for each of a project's activities, but do not adequately show the interrelationships b. a project organization works best for a project that is temporary but critical to the organization c. project organization works well when the work contains simple, independent tasks d. gantt charts and PERT/CMP are never used together e. none of the above is true
c
which of the following statements regarding gantt charts is true? a. they give a timeline and precedence relationships for each activity for a project b. they use the 4 standard spines of methods, materials, manpower, and machinery c. they are visual devices that show the duration of activities in a project d. they are expensive e. all of the above
c
__ is decreasing activity time in a network to reduce time on the critical path so total completion time is reduced
crashing
the __ is the computed longest time path(s) through a network
critical path
__ is a network technique using only one time factor per activity that enables managers to schedule, monitor, and control large and complex projects
critical path method (CPM)
A PERT project has 45 activities, 19 of which are on the critical path. The estimated time for the critical path is 120 days. The sum of all activity variances is 64, while the sum of variances along the critical path is 36. The probability that the project can be completed between days 108 and 120 is... a. -2.00 b. 0.0227 c. 0.1058 d. 0.4773 e. 0.9773
d
A network has been crashed to the point where all activities are critical. Additional crashing... a. is unnecessary b. is impossible c. in prohibitively expensive d. may require crashing multiple tasks simultaneously e. can be done, but all critical tasks must be reduced in duration
d
Activity D on a CPM network has predecessors B and C, and has successor F. D has duration 6. B's EF is 18 while C's is 20. F's LS is 26. Which of the following is true? a. B is a critical activity b. C is completed before B c. D has no slack but is not critical d. D is critical and has zero slack e. all of the above are true
d
Which of the following statements concerning CPM activities is false? a. the EF of an activity is the ES of that activity plus its duration b. the LF is the earliest of the late start times of all successor activities c. the LS of an activity is its LF less its duration d. the LF of an activity is the earliest LS of all preceding activities e. the ES of an activity is the latest EF of all preceding activities
d
Which of the following statements regarding CPM networks is true? a. there can be multiple critical paths on the same project, all with different durations b. the early finish of an activity is the latest start of all preceding activities c. the late start of an activity is its early finish plus its duration d. if a specific project has multiple critical paths, all of them will have the same duration e. all of the above are true
d
Which of the following statements regarding PERT analysis is true? a. each activity has 2 estimates of its duration b. project variance is the sum of all activity variances c. project standard deviation is the sum of all critical activity standard deviations d. only critical activities contribute to the project variance e. none of the above are true
d
Which of these statements regarding time-cost tradeoffs in CPM networks is true? a. crashing is not possible unless there are multiple critical paths b. crashing a project often reduces the length of long-duration, but noncritical activities c. activities not on the critical path can never be on the critical path, even after crashing d. crashing shortens the project duration by assigning more resources to one or more of the critical tasks e. none of the above are true
d
which of the following regarding CPM is true? a. the critical path is the shortest of all paths through the network b. the critical path is that set of activities that has positive slack c. some networks have no critical path d. all activities on the critical path have their LS equal their predecessor's EF e. all are false
d
which of the following statements regarding critical paths is true? a. shortest of all paths through the network is the critical path b. some activities on the critical path may have slack c. every network has exactly one critical path d. on a specific project, there can be multiple critical paths, all with exactly the same duration e. the duration of the critical path is the average duration of all paths in the project network
d
a simple CPM network has 3 activities, A, B, and C. A is an immediate predecessor of B and of C. B is an immediate predecessor of C. The activity durations are A=4, B=3, C=8. What is the critical path?
duration is 15
a simple CPM network has 3 activities, D, E, F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4, E=3, F=8. what is the critical path duration?
duration is 15
The Beta distribution is used in project management to... a. calculate slack on activities not on critical path b. calculate the probability that a project will be completed within its budget c. calculate pessimistic and optimistic activity times d. determine which activity should be crashed e. none of the above
e
Which of the following statements regarding Bechtel is true? a. its competitive advantage is project management b. Betchel was the construction contractor for the Hoover Dam c. while helping to rebuild Iraw, Bechtel's crews had to travel under armed escort d. Bechtel's procurement program is global in nature e. all of the above
e
ethical issues that may arise in projects large and small include a. bid rigging b. expense account padding c. compromised safety or health standards d. bribery e. all of the above are true
e
PERT, but not CPM, has the ability to consider the precedence relationships in a project
false
a project organization works best for an organization when the project resides in only one if its functional areas
false
shortening the project's duration by deleting unnecessary activities is called "project crashing"
false
the PERT pessimistic time estimate is an estimate of the minimum time an activity will require
false
the critical path can be determined by use of either the "forward pass" or the "backward pass"
false
the fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates
false
the shortest of all paths through the network is the critical path
false
the standard deviation of project duration is the average of the standard deviation of all activities on the critical path
false
work breakdown structure is a useful tool in project management because it addresses the timing of individual work elements
false
A project organization...
is effective for companies with multiple large projects if formed to ensure that programs/projects get proper management and attention
divulging info to some bidders on a project to give them an unfair advantage...
is known as bid rigging
a diagram of all activities and the precedence relationships that exist between these activities in a project is a__
network
the phases of project management are
planning, scheduling, controlling
the __ has established a code of ethics especially for project managers
project management institute
__ is an organization formed to ensure that programs receive the proper management and attention
project organization
__ is the amount of time an individual activity in a network can be delayed without delaying the entire project
slack time
The expected activity time in PERT analysis is calculated as...
the weighted average of a, m, and b, with m weighted 4 times as heavily as a and b
