Question: 1. In analyzing crash opportunities for project activities, each activity is assessed by comparing the change in cost to the change in time. Select one:

1. "In analyzing crash opportunities for project activities, each activity is assessed by comparing the change in cost to the change in time.

Select one:

a. True

b. False

2. A feeder buffer is created for a critical path activity.

Select one:

a. True

b. False

3. Critical Chain Project Management is based upon the Theory of Constraints.

Select one:

a. True

b. False

4. GANTT charts are used to represent project schedule baselines based on calendar dates. They often reflect lag relationships between activities.

Select one:

a. True

b. False

5. Gantt charts cannot depict float.

Select one:

a. True

b. False

6. If Task A must complete before Task B can commence, the lag relationship is:

Select one:

a. Finish to Start

b. Start to Finish

c. Start to Start

d. Finish to Finish

7. "n analyzing crash opportunities for project activities, each activity is assessed by comparing the change in cost to the change in time.

Select one:

a. True

b. False

8. In classic project management, activity durations are often estimated based upon a 90% likelihood of successful completion, but in CCPM, the ___% level is used.

Select one:

a. 95

b. 75

c. 50

d. 25

9. Milestone activities have zero time associated with them.

Select one:

a. True

b. False

10. Most activity estimates using PERT lead to overly optimistic estimates.

Select one:

a. True

b. False

11. Networks would not be well suited for

Select one:

a. Planning a construction project

b. Planning a wedding

c. Planning a software upgrade

d. Planning monthly production

12. Some argue that Goldratt has seriously underestimated the level of organiztional culture change required to successfully implement CCPM methodology.

Select one:

a. True

b. False

13. The Central Limit Theorem illustrates that aggregating risk leads to a reduction in overall risk.

Select one:

a. True

b. False

14. The critical path generally contains activities that have float associated with them.

Select one:

a. True

b. False

15. The first step in Theory of Constraint methodology is to identify the constraint.

Select one:

a. True

b. False

16. The most common type of logical sequencing between tasks is:

Select one:

a. Finish to Start

b. Finish to Finish

c. Start to Start

d. Start to Finish

17. Variation that is a fact of life in the normal course of operations is called:

Select one:

a. Normal variation

b. Special variation

c. Common cause variation

d. Special cause variation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!