1. The backward pass in project network calculations determines the

Latest time's activities can begin

Earliest time's activities can be finished

Critical path

Both A and C are correct

A, B, and C are all correct

2. The second step in the defining of a project would be to

Analyze the strategic plan

Analyze the current budget plan

Establish project priorities

Select team members

Define the major objectives to meet the customer's needs

3. In practice, estimating processes are frequently classified as

Top down/bottom up

Rough/polished

Precise/order of magnitude

Draft/final

Both A and B are correct

4. The method used to collect information to use through all phases of the project life cycle is called

Responsibility matrix

Organization breakdown structure

Work breakdown structure

Priority matrix

Work package

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

Ratio

Template

Apportion

Function point

Learning curve

6. General and Administrative costs are usually allocated as a percent of the total of a direct cost such as labor, materials, or equipment.

True

False

7. The first step of project scope definition is to

Analyze the strategic plan

Analyze the current budget plan

Meet with team members

Select team members

Define the overall objective to meet the customer's needs

8. Nodes on an AON project network represent:

An activity

An event

Responsibility

Both B and C are correct

Both A and B are correct

9. Only activities that occur at the end of a chain of activities can have free slack.

True

False

10. Learning curves are more likely to apply in situations where most of the costs are

Materials

Labor

Overhead

Evenly spread over materials, labor, and overhead

All of these are equally likely situations for learning curves

Answer rating: 100% (QA)

1 Both A and C are correct 2 Establish pro... View the full answer