1. Which is not a reason Project Management is gaining importance as a management discipline due to:

1. Companies accepting the fact that complex projects can be managed well.
2. Professional organizations such as the Project Management Institute have emerged.
3. The pace of strategic change has quickened.
4. The traditional role of middle management has shrunk
5. Cheaper labor will allow budgets to be made easier

2. Which phase below is not a Project Phase.

1. Concept Phase
2. Project Definition Phase
3. Planning Phase
4. Budget Review Phase
5. Performance Phase
6. Post completion Phase

3. Lean Six Sigma is _____________________________________

1. A methodology that combines the organizational elements and tools of Six Sigma with Leans focus on waste reduction.
2. A great food eaten in Japan
3. A structed approach to solving math problems
4. A new fabulous diet plan

4. Which are the two key tools used in Project Management?

1. Gantt Chart, Network Diagram
2. Pert Charts, MS Excel
3. Gantt Chart, Pert Charts
4. Pert Charts, MS Excel

5. Inventory, does what to problems? __________
   1. Hides
   2. Produces
   3. Shows
   4. Generates

6. What are NOT the other signaling methods:
   1. Single-card systems, where the single card is the production card and the empty container serves as the move signal
   2. Color coding of containers
   3. Designated storage spaces
   4. Yellow painted trucks

7. What is a philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity. In a broad sense, it applies to all forms of manufacturing and to many service industries as well.

1. Just-in-time
2. Taguchis method
3. Six Sigma
4. Pareato

8. What is not considered eight commonly recognized sources of waste?

1. Overproduction
2. Waiting
3. Unnecessary transportation
4. Inappropriate process
5. Unnecessary inventory
6. Unnecessary/excess motion
7. 100% Quality Inspection
8. Underutilization of employees

9. What is a production control approach that uses containers, cards, or visual cues to control the production and movement of goods through the supply chain.

1. Kanban system
2. Reorder Point System
3. Control System
4. Pull System

10. Having large amount of inventory is a Lean Principle?

1. True
2. False