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Strayer University, Arlington - BUS 375 BUS 375 MidTerm 1b Question 1)  When translated into a project network, a work package will become                 Question 2         The backward pass in project network calculations determines all of the following EXCEPT               Question 3         Which of the following correctly calculates the early finish for an activity?               Question 4         If, for some reason, the project must be expedited to meet an earlier date, which of the following actions would the project manager take first?               Question 5         An activity that has more than one dependency arrow flowing into it is termed a(n)               Question 6         Which of the following represents an activity on an activity-on-node (AON) project network?               Question 7         The critical path in a project network is the               Question 8         Which of the following is provided by both the project network and the work breakdown structure?               Question 9         If testing cannot be completed any earlier than four days after the prototype has been built, what type of lag exists?               Question 10         Arrows on an activity-on-node (AON) project network represent                 Question 11         On a project network, the activity times are derived from the               Question 12         The forward pass in project network calculations determines all of the following EXCEPT               Question 13         Companies are using which of the following for improving the estimating process for future projects?               Question 14         Refining estimates may be necessary for a number of reasons

Management Mar 08, 2021

Strayer University, Arlington - BUS 375

BUS 375 MidTerm 1b

Question 1) 

When translated into a project network, a work package will become

     

 

 

     
  • Question 2

 

   

 

The backward pass in project network calculations determines all of the following EXCEPT

     
       
  • Question 3

 

   

 

Which of the following correctly calculates the early finish for an activity?

     
       
  • Question 4

 

   

 

If, for some reason, the project must be expedited to meet an earlier date, which of the following actions would the project manager take first?

     
       
  • Question 5

 

   

 

An activity that has more than one dependency arrow flowing into it is termed a(n)

     
       
  • Question 6

 

   

 

Which of the following represents an activity on an activity-on-node (AON) project network?

     
       
  • Question 7

 

   

 

The critical path in a project network is the

     
       
  • Question 8

 

   

 

Which of the following is provided by both the project network and the work breakdown structure?

     
       
  • Question 9

 

   

 

If testing cannot be completed any earlier than four days after the prototype has been built, what type of lag exists?

     
       
  • Question 10

 

   

 

Arrows on an activity-on-node (AON) project network represent

     

 

 

     
  • Question 11

 

   

 

On a project network, the activity times are derived from the

     
       
  • Question 12

 

   

 

The forward pass in project network calculations determines all of the following EXCEPT

     
       
  • Question 13

 

   

 

Companies are using which of the following for improving the estimating process for future projects?

     
       
  • Question 14

 

   

 

Refining estimates may be necessary for a number of reasons. For example, design flaws being revealed after the fact, extreme weather conditions, and accidents occurring are good examples of

     
       
  • Question 15

 

   

 

Which of the following would be the best method for projects where the final product is not known and the uncertainty is very large?

     
       
  • Question 16

 

   

 

Accounting would be an example of which of the following costs typically found in a project?

     
       
  • Question 17

 

   

 

Which of the following is NOT one of the recommended guidelines for developing useful work package estimates?

     
       
  • Question 18

 

   

 

Which of the following describes the consensus method?

     
       
  • Question 19

 

   

 

Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her needs. Because management typically insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the following factors is illustrated in this situation?

     
       
  • Question 20

 

   

 

Richard is collecting estimates for a house that he will have the funding to build in 12 months. Which of the following factors does Richard need to consider in regard to the quality of these estimates?

     
       
  • Question 21

 

   

 

Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that the projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is he recognizing?

     
       
  • Question 22

 

   

 

Which of the following top-down methods is used when projects closely follow past projects in regard to features and costs of those features, and result in costs being assigned by percentages to major segments of the project?

     
       
  • Question 23

 

   

 

Which of the following is NOT one of the factors that need to be considered to improve quality of estimates for project times and costs?

     
       
  • Question 24

 

   

 

What is the relationship between organizational culture and estimating?

     
       
  • Question 25

 

   

 

Which of the following methods is NOT considered a top-down approach to estimating project time and cost?

     
       

 

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