1. What is schedule management plan? 2 Why is project time management important? 3 What are the benefits to project management planning? 4 What are the components of schedule management plan? 1. Project schedules grow out of the basic documents that initiate a project True False 3- What best explains Project Time Management A The procesos required to ensure timely completion of the project Analying the activity sequences activity durations and sources to me a project schedule c Making sure that the project does not exceed the original stimated schedule d Understanding that times of the essence and managing the project according to Who may not be involved in planning the schedule? Project Manager b. Project Team There could be cases where the project Manager and team is not involved in the planning the schedule The Project Sponsor should remain at arm's length 7. CPM PERT and Microsoft Projects are alused to: a Assign people to activities Pian Schedule and control projects c. Select which of several projects will be undertaken a Quantity the was 8. Which of the following are true about a milestone? a It indicates the point in time when a taska b. It indicates the point in time when a task and does not consume time on the project plan dit indicates where quality reviews must take place 10 What does resource leveling mean in project management? a Shortering the time takes to complete the project Making the most efficient use of the available resources 9 Hiring contractors to fill in during peak time on the project schedule d. Reducing the project costs 11- A project manager is in the middle of the executing process of a very large construction project when he discovers that the time needed to complete the project is longer than the time available. What is the BEST thing to do? Cut product scope Meet with management and tell them that the required date cannot be met Work overtime d Determine options for schedule compression and present management with you recommended option 12. A project has three critical paths. Which of the following BEST describes how this ? a It makes it easier to manager bincreases the project risk Srequire more people dit makes it more expensive 13. A subcontractor inform the PM at there is a sippage in its work schedule by att two weeks. This work is thought to be on the critical path of the project. The Pishould do of the following except the current or the contract to determine the subcontractors bigation to meet Negotiate an add-on to the project to bring the schedule back in line Review the project master schedule to determine if there indeed will be stok impact on the project a Review the subcontractor's schedule to determine whether there is an actual wowok delay 14 A project is running ahead of schedule. There is a big bonus for the manager in the project finishes ahead of schedule. What should the project manager do? It does not somethical proct manager should slow down to complete the scheduled data D. The project manage should look for any meddelele but report to the management that project is ahead of schedule C Project Manage should make the team work overtime to complete the proce faster and share some of the rewards with the team at the end of the project d Project manager should negotiate with the project sponsor to find out what the other avenues to increase his/her bonus