Multiple choice questions 1. What best explains Project Time Management a The processes required to ensure timely completion of the project. Analyzing the activity sequences activity durations and resources to determine a project schedule. Making sure that the project does not exceed the original estimated schedule Understanding that times of the essence and managing the project according to it 2. Who may not be involved in planting the schedule? a Project Manager b Project Team There could be cases where the project Manager and team is not involved in the planning the schedule d. The Project Sponsor should remain at mange 3. CPM, PERT, and Microsoft Projects are alused to a Assign people to activities b. Plan, Schedule and control projects Select which of several projects will be undertaken d Quantify the WBS 4 Which of the following is true about a milestone? a. indicates the point in time when a task start b. indicates the point in time when asked does not consume time on the project plan d indicates where quality reviews must take place 5. What does resource leveling mean in project management? Shortening the time takes to complete the project . Making the most efficient use of the resources c. Hiring contractors to fin during peak Times on the project schedule d. Reducing the project costs 6. A project manager is in the middle of the cuting process of a very large construction project when he discovers that the time needed to complete the project is longer than the time ? a Cut product scope Meet with management and tell them that the required date cannot be met a Work overtime a Determine options for schedule compression and present management with your recommended option 7. A project has three critical paths. Which of the following BEST describes how this affects the project? It makes it easier to manage b. increases the project is c. It makes it more expensive 8.A subcontractor informs the PM that there is slippages in its work schedule by at least two weeks. This work is thought to be on the critical part of the project. The PM should do all of the following except a Review the contract to determine the subcontractor's obligation to meet the current schedule b. b. Negotiate an add-on to the project to bring the schedule back in line c. Review the project master schedule to determine there indeed will be a two-week impact on the project d. Review the subcontractor's schedule to determine whether there is an actual two week delay 2. A project is running ahead of schedule. There is a big bonus for the manager if the project fnishes ahead of schedule. What should the project manager do? a does not seem thical project manager should slow down to complete it on the scheduled data The project manager should look for any missed deliverable but report to the management that project is ahead of Schedule c. Project Manger should make the team work time to complete the project even Easter and share some of the rewards with the team at the end of the project a. Project manager should negotiate with the project sponsor to find out what are the other avenues to increase his/her bonus