The project life cycle typically has a stretched$-$s or an exponential form. Group of answer choices True False Flag question: Question $2$ Question $22$ pts Favorable variances do not require corrective action or further investigation; only unfavorable variances in performance. Group of answer choices True False Flag question: Question $3$ Question $32$ pts Which of the following project categories might lead to the other project categories? Group of answer choices Derivative projects Breakthrough projects Platform projects R&D projects None of the above Flag question: Question $4$ Question $42$ pts All of the following are important outputs of project scheduling, except: Group of answer choices Identification of slack times for all activities and paths Earliest and latest time each activity can be completed Networks and paths Identification of critical activities Flag question: Question $5$ Question $52$ pts According to Goldratt, to complete a project on time, the highest priority should be given to the: Group of answer choices Critical buffer Feeding chain Project buffer Critical chain Slack activities Flag question: Question $6$ Question $62$ pts Among the reasons for the growth in project operations we find: Group of answer choices People have more leisure time to follow and participate in projects More sophisticated technology has increased public awareness of project operations More customization for suppliers makes it important to meet their needs Both A and B Flag question: Question $7$ Question $72$ pts When workers receive approval for a task based on inflated time estimate, they may perceive that they now have plenty of time to complete the task and therefore delay starting the task. What has this concept been called? Group of answer choices Senioritis Inflation syndrome Time$-$shift Goldratt delay Student syndrome Flag question: Question $8$ Question $82$ pts Which of the following statement$($s$)$ concerning probabilities of completion is$/$are incorrect? Group of answer choices Using the variance of each activity, we can compute the likelihood of completing the project in a given time period. The probability of completing a path is found by calculating the standard normal deviate of the desired completion time less the expected completion time.