this multiple choice questions. just choose the correct one. thanks

E E AL AaBbCcDc AaBbCcI AaBbCcL AaBbcc AaBbCcL IT Body Text 1 Heading List Para... 1 No Spac... 1 Normal Styles Paragraph 110W OILCI SUDUTU ut project teamWEL! ) How many workers will the project need? 7) roject screening criterion that allows the company to compare long-term versus short-term ects, projects with different technologies, and projects with different commercial objectives is: ) Ease of use. B) Capability C) Flexibility D) Realistic 8) ariter estimates it will take three months to generate spiffy documents to accompany a seminal Ik in operations management. He grossly underestimates the time required and misses his adline by two months. This estimate was: A) Subjective and inaccurate. B) Objective and accurate. C) Objective and inaccurate. D) Subjective and accurate. I 9) company facing an interest rate of 8% must choose among projects offering the following -ur-year cash flows. If the company is employing the net present value criterion, which project would they choose? A) $5,000 in year 1: $5,000 in year 2; $20,000 in year 3; and $30,000 in year 4 B) $15,000 in year 1; $15,000 in year 2; $15,000 in year 3; and $15,000 in year 4 C) $5,000 in year 1; $5,000 in year 2: $25,000 in year 3; and $25,000 in year 4 D) $25,000 in year 1; $15,000 in year 2: $10,000 in year 3; and $5,000 in year 4 10) Which of these statements about valuation models is NOT correct? A) If cash flows are not normal, IRR may arrive at multiple solutions. B) IRR is a more robust determinant of project viability than NPV. C) NPV employs a weighted average cost of capital discount rate that reflects potential reinvestment. D) IRR and NPV calculations typically make the same investment recommendations only when the projects are independent of each other. . O T Body Text T Heading 1 11 List Para... 1 No Spac... 1 Normal 1 Table Pa... TI Font Paragraph Styles 11) 11) A project manager is using the net present value method to make the final decision on which project to undertake. The company has a 12% required rate of return and expects a 3% rate of inflation for the following four years. What is the NPV of a project that has cash flows as shown in the table? Year 0 1 Cash Flow -$250,000 $50,000 $60,000 $70,000 $80,000 2 3 4 I D) -$56,859 A) -$98,780 B) -$69,387 C) -$9,762 12) 12) A project manager is using the payback method to make the final decision on which project to undertake. The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years. What is the discounted payback of a project that has cash flows as shown in the table? Year 10 1 2. Cash Flow -$100,000 $20,000 $50,000 $50,000 $25,000 $500.000 3 4 5 A) 3.4 years B) 5.0 years C) 4.2 years D) 2.6 years HP Spec il Normal 1 Table Pa... Paragraph TS 4 100,000 $25,000 $500,000 Styles 5 5 A) 3.4 years B) 5.0 years C) 4.2 years D) 2.6 years 13) A project manager is using the net present value method to make the final decision on which project to undertake. The company has a 15% required rate of return and expects a 5% rate of inflation for the following four years. What is the NPV of a project that has cash flows as shown in the table? 13) Year 0 1 2 Cash Flow -$350,000 $50,000 $80,000 $100,000 $150.000 I 3 4 A) -$23,667 B) -5122,569 C) $4.955 D) $42,586 AaBbCcL AaBbcc Aal T Body Text T Heading 1 T List Para... I No Spac... IN Paragraph Styles 16) A proactive project portfolio: A) 19 a collection of projects under the umbrella of single project manager carrying the title of portfolio manager B) Is an integrated family of projecte with a common strategic grah, C) Is developed with respect to short-term operational concerns. D) Is as simple as moving from one project opportunity to another project opportunity. 16) 17) A firm is BEST served if its project portfolio: A) Aims to take the marketplace by storm regardless of future trends. B) Has a number of low-cost experimental prototypes. C) Devotes significant resources to hit product "home runs." D) Represents narrowly concentrated efforts. 17) 18) Which worker's wages would constitute a direct cost for a construction project? A) The architect's assistant B) The project's cost accountant C) The brick mason D) The foreman 18) 19) 19) A normal cost is incurred when: A) Overtime is used more than originally planned. B) Shipments are expedited. C) The aggressive baseline plan is adhered to. D) Additional temporary workers are brought onsite. 20) When asked to provide an estimate of an irrigation system, Pete looked from one end of the field to the other, licked a finger and held it in the air, squinted into the sun and said $25.000, give or take 30%. The technique employed for cost estimation is: A) Comparative. B) Parametric. C) Definitive. D) Ballpark 20) 21) 21) Which statement about the use of learning curtes is BESTO A) A job that is substantially re-engineered will have no disruption of its learning curve. B) Every worker performing an identical task will exhibit the same learning effect. C) Learning curve effects stay constant across projects. D) It may be more likely to see learning curve effects in construction than in research and development 22) Whether it is the Boeing W-22 Osprey or a simple storm door installation for a do-it-yourselfer. nothing is ever completed as quickly or as cheaply as initial estimates due to FUL Paragraph Styles 23) 23) It began as a simple macro that would extract grades and post them on a web site, but once the web programmer began the work, he became obsegged with various charting features, grade summaries, and reports that could be added to make this the grandest web site in the tri-county area. As 2 hours of programming work grew to 20 and then 30, he knew that the client wouldn't be happy with the cost overrun. The only comment he mumbled as he finished his work was: A) *This project lacked definition from the outset, sorry." B) "There were some specification changes, sorry." C) 'I thought I'd never get the wizard's hat! Oh, by the way, your grades work." D) "I had some technical difficulties, sorry." 24) 24) When properly performed, bottom-up budgeting has the disadvantage of A) A lack of detail needed in project plans. B) A reduction of top management's control of the budget process to one of oversight. C) Being a hindrance to top managers when prioritizing projects that are competing for the same scarce resources. D) A lack of coordination among project managers and functional department heads. 25) 25) What is the total project budget in this time-phased budget? November August September October July 34,721 11.049 33,718 Activity RFP Analysis Design Coding Testing Training Roll-Out 33,655 34,474 17,713 34,388 26,759 34,905 36,328 40.244 40,916 20.958 896 9.327 8,186 D) $389,828 C) $251,382 A) S408,237 B) $478.300 26) 26) It was fortunate that the project budget included contingency funding; the top manager had not foreseen that the project would need the services of their elite slide rule squad in more than one area at the same time. Design couldn't complete their work without their services, nor could marketing, or production. Contingency funds came in handy to meet the unanticipated: A) Consequences of Murphy's Law. B) Abnormal project conditions. C) Change in project scope. D) Interaction costs. TERCERA instelaria Il No Spac.. 1 FE Paragraph Styles 29) 29) The term network logic means: A) Tasks are not performed unless the customer issues a specific request to perform the work. B) Tasks must either precede or follow other tasks in project planning and management. C) Tasks cannot be performed unless the project manager issues a specific command to perform the work. D) Prior project planning removes the need for any rush so that tasks can be performed in a methodical fashion. 30) Which of these statements about this network is BEST? 30) Activity a Activity B Activity D Activity c A) Activities B and C are serial activities. C) Activity D is a merge activity. B) Activities A and C are serial activities. D) Activities A and B are serial activities. Activity Activity C Activity D Activity B Activity 31) 31) Based on the activity network pictured, what is the BEST statement? A Before starting Activity E. Activity and Activity B need to be completed. B) Before starting Activity C, Activity A and Activity B must be completed. C Before starting Activity D. Activity and Activity B need to be completed DBefore starting Activity C, Activity A and Activity D must be completed ------ -------- 22 T Body Text T Heading 1 1 List Para... 11 No Spac... Paragraph Style B 18 F 6 9 E 11 3 6 I Hammock 33) Activities C, D, and E in the project represented by the network are to be bamnecked. What is the activity length of the hammockactivity? A) 11 B) 13 C) 16 D) 20 33) 34) 34) A gentleman farmer maniacally works on academic projects to raise funds for his true passion, farming. He has identified seven tasks and developed three time estimates (all in days) of the next big project on the farm, replacing the fence at the comedy pasture. Tasks, precedence requirements, and time estimates are shown in the table. What is the standard deviation of the project's critical path? Optimistic Most Likely time time 4 5 Pessimistic time 6 Predecessor 7 9 Activity Corner Posts String Line Dig Holes Plant Posts Weld Top Bar Paint Tack Wire 8 12 14 10 11 14 S 17 14 15 16 Corner Posts Swing Line String Line Dig Holes, Plant Posts Wela Top Bar 12 9 9 12 A) 1.25 days B)1.75 days C) 1.33 days D) 1.56 days Document Formatting 135) LL G CK 5 11 H 6 4 9 Use the network diagram and activity lengths in the nodes to determine the slack time for activity D. A) 3 B) 2 C) 1 D) 0 36 36) Activities A and B have a firish to finish relationship and early start and finish times as shown. What is the result of incorporating a 4-day lag between activities C and B? 20 A 27 22 C 26 24 B 27 27 D 39 4 3 12 A The early start time for increases to 24. B The early fmien time for B increases to 31. C) The early start time for D falls to 23. D) The early finish for A increases to 31. Mailings Review onverted [Compatibility Mode] - Word Tell me what you want to do.. View Tide Title Title Blog Title 1 H Hea TITLE TITLE Title 1 Heading 1 A Colors Fonts Document Formatting 37) Activity X has the start to finish relationship shown with activity Y and both have early start and finish times as shown. Which statement is BEST? 37) W CYd N Aldea B) a