The learning rate for a particular operation is 90%, and the first unit of production took 100 hours.

What is the number of labor hours required to produce the eighth (8^th) unit?

Note: you should use the general equation for learning curves to do this problem:

• T_N = T₁ x Lⁿ = Time required for the Nth unit, where:
  • T_N = unit cost or unit time of the Nth unit
  • L = decimal learning curve rate (e.g., 0.9 for 90% learning rate)
  • n = number of times T is doubled

Group of answer choices

• 81.0 hours
• 72.9 hours
• 41.0 hours
• 65.6 hours

An Activity's Late Finish date indicates the latest the Activity can finish without delaying a subsequent activity.

Group of answer choices

• True
• False

The purpose of Activity Planning is to ensure that each project team knows when to produce all Deliverables

Group of answer choices

• True
• False

The Early Start of the first Activity on any path (in a Network) must be 1

Group of answer choices

• True
• False

One can use a method called ''forward pass" to add the Early Start and Early Finish for each Activity in each path in your Network Diagram.

Group of answer choices

• True
• False

The mastery of the skills required to manage multiple projects concurrently and competently is referred to as __________.

Group of answer choices

• project management excellence
• project management maturity
• project management conformance
• program management excellence

The sponsor and key stakeholders should participate in the project launch meeting for all of the following purposes EXCEPT:

Group of answer choices

• Discussing resources
• Discussing deliverables
• Discussing schedules
• Discussing contracts

You planned your project to write database application to take one year. The cost of the project is budgeted at $12,500 per month. Six months into the project, you report that the database application is 50% completed and your project has spent $70,000. What is the approximate Estimate at Completion (EAC)?

Group of answer choices

• $150,000
• $140,187
• $142,857
• $137,615

A project is scheduled to last 4 months and cost $300,000. At the end of the first month, the project is 20% complete. What is the Schedule Performance Index (SPI)?

Group of answer choices

• 1.18
• 1.20
• 1.00
• 0.80

A precedence relationship where the completion of an activity depends on the completion of another activity is called a __________.

Group of answer choices

• Start to start dependency
• Finish to finish dependency
• Finish to start dependency
• Start to finish dependency

A precedence relationship where the completion of an activity depends on the completion of another activity is called a __________.

Group of answer choices

• Finish to finish dependency
• Start to start dependency
• Start to finish dependency
• Finish to start dependency

_____ are broken down into _______, which can be further broken down into _______.

Group of answer choices

• Projects, tasks, programs
• Projects, programs, tasks
• Programs, projects, tasks
• Programs, tasks, projects