University of Guelph

FARE 3310

QUIZ MC

Quiz 2:

1)The project organization works best when which of the following conditions are satisfied?

1. 1. Work can be defined with a specific goal and deadline.
   2. The job is typical and familiar to the existing organization.
   3. The work contains interrelated tasks requiring specialized skills
   4. The project is temporary but unimportant to long-term organizational success
   5. The project cuts across organizational lines.
2. Which of the following statements concerning CPM activities is false?

3 Which of the following statements regarding PERT analysis is true?

4. Which of the following statements regarding CPM is true?
5. The                               distribution is used by PERT analysis to calculate expected activity

times and variances.

6. Gantt charts give a timeline for each of a project's activities, but they do not

adequately illustrate the interrelationships between the activities and the resources.

7. The ES of an activity that has only one predecessor is simply the EF of that

predecessor.

8. PERT, but not CPM, has the ability to consider the precedence relationships in a

project.

9. You have been assigned to manage a outsourcing project. This company-ewide initiative will be rolled out to 15 locations within 10 months in three geographical regions: Halifax, Toronto, and Edmonton. Because of the short time frame, you must look for ways to reduce your timelines for the various activities. By

utilizing scheduling technique, you determine several opportunities for overlapping

phases in order to speed up the process. This is an example of

10. Suppose your start-up business won a contract to develop a mobile application that must be tested and running by the start of the next June (2017). If you must complete the project by the beginning of April (2017), you might need to_                                                                                     _ to do the same

work in less time.

11. The use of CPM for a maintenance shut-down at the DU Pont works in Louisville, Kentucky (in 1958), reduced unproductive time by approximately 34% (from 125

hours to 93 hours).

12. A marketing firm is planning to conduct a survey of a segment of the potential product audience for one of its customers. The planning process for preparing to conduct the survey consists of six activities with the following activity time estimates and precedence relationships.

 

Activity	Activity Description	Immediate Predecessor(s)
A	Determine survey objectives	None
B	Select and hire personnel	A
C	Design questionnaire	A
D	Train personnel	B,C
E	Select target audience	C
F	Make personnel assignment	D,E

13. A combination of effective Gantt chart use and other tactics allowed Delta to cut the

average time for a plane layover by what % of the original 60 minute duration?

14. Which of the following statements regarding time-cost tradeoffs in CPM networks is

false?

15. WBS stands for which of the following project management tools?
16. A code of ethics especially for project managers

 

23. Which of the following statements regarding CPM networks is true?

 

24. The fundamental difference between PERT and CPM is that PERT uses the beta

distribution for crashing projects while CPM uses cost estimates.

25. Work Breakdown Structure is a useful tool in project management because it addresses

the timing of individual work elements.

26. In project management, crashing an activity must consider the impact on all paths in

the network.

27. You have been assigned to manage a outsourcing project. This company-ewide initiative will be rolled out to 15 locations within 10 months in three geographical regions: Halifax, Toronto, and Edmonton. Because of the short time frame, you must look for ways to reduce your timelines for the various activities. By

utilizing scheduling technique, you determine several opportunities for overlapping

phases in order to speed up the process. This is an example of

28. Suppose your start-up business won a contract to develop a mobile application that must be tested and running by the start of the next June (2017). If you must complete