Chapter 2 Project Management MULTIPLECHOICE [Link] one of these steps in implementing changes comes first?[Link] the process b.

.Evaluate performancec . D e f i n e s c o p e [Link] opportunity Answer: d Reference: Defining and Organizing Projects Difficulty: Hard [Link] projects objective statement should contain:[Link] time and activities. [Link], time frame, and allocated [Link] and [Link], completion times, and incentives. Answer: b Reference: Defining and Organizing Projects Difficulty: Moderate Keywords: project objective statement, scope 23. The Project Manager for the installation of new equipment in a plant is likely to do all of thefollowing EXCEPT:[Link] team meetings to review progress. [Link] with the Engineering Manager to gain additional machine design [Link] the responsibility for making tough decisions to the members of the project [Link] conflicts between individual team members. Answer: c Reference: Defining and Organizing Projects Difficulty: Easy Keywords: Project Manager, qualities 24. A member of a project team that is implementing a new credit card payment process at a bank has direct responsibility to do all of the following EXCEPT: a. be sensitive to conflicts between other team members and help resolve them. [Link] that the project has appropriate resources for the job to be completed. c. help solve project problems that spill over into areas outside their expertise. d. be called upon to share their expertise in credit card payment processes. Answer: b Reference: . A project organization structure where team members are assigned to the project and work exclusively for the project manager is called: a.

a matrix structure. b. a fixed structure. c. a pure project structure.d.a Functional structure. Answer: c Reference: Defining and Organizing Projects Difficulty: Moderate Keywords: project, organizational [Link] an activity-on-node [AON] network, the nodes represent ____________, whereas the arcsrepresent ____________.[Link]; time [Link]; precedence [Link]; [Link] relationships; time Answer: b Reference: Planning Projects Difficulty: Moderate Keywords: activity-on- node network, node, activity, arc, precedence [Link] a network diagram, an activity: [Link] the largest unit of work effort consuming both time and resources that a project manager can schedule and control. b . i s t h e s m a l l e s t u n i t o f w o r k e f f o r t c o n s u m i n g b o t h t i m e a n d r e s o u r c e s t h a t a p r o j e c t manager can schedule and [Link] always be something the company has had experience [Link] always have a single, precise estimate for the time duration. Answer :b Reference: Planning Projects Difficulty: Moderate Keywords: activity, smallest unit of work 28. Activity times for a project are estimated by all but which of the following methods? a. Methods-Time Measurement (MTM) data, which includes predetermined time estimatesfor different activities [Link] opinions based on similar prior [Link] methods based on actual past [Link] using learning curve models to improve replications and estimate accuracy Answer :a Reference: Planning Projects Difficulty: Moderate Keywords: activity times, estimating activity times 73Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall

Chapter 2 Project Management [Link] using the beta probability distribution to estimate activity times, which of the followingstatements is TRUE?[Link] project manager is usually the only person involved in making time estimates becauseobtaining estimates from workers involved in the activities would result in inconsistentestimates. [Link] beta distribution is used as a way of approximating a normal probability distribution for time [Link] use of most optimistic, most likely, and most pessimistic times for an activity willresult in a determination of the expected times for that [Link] larger the difference between most pessimistic time and most optimistic time for an activity, the smaller will be the variance of that time estimate. Answer: c [Link] using the beta distribution for estimating activity times:[Link] advantage is that the mode of the distribution is always equidistant from the end pointsof the distribution. [Link] most likely time estimate can be positioned anywhere between the optimistic and pessimistic time [Link] assume that the standard deviation is one-third the range between the optimistic and pessimistic time [Link] most likely time estimate becomes the mean of the distribution. Answer: b Refere [Link] are four sets of most optimistic, most likely, and most pessimistic times (in weeks)for an activity. Which one of the four sets will have a mean estimated time equal to the mostlikely time?a . 1 , 9 , 9 b . 1 , 5 , 9c . 1 , 1 , 9 d.1, 5, 5 Answer: b [Link] calculate the probability of completing a project by a certain date:[Link] expected completion time of the project is taken to be the sum of the activity times onthe shortest path. [Link] variance of the distribution of project completion times is taken to be one -sixth thedifference between the latest finish time and the earliest finish time of the last activity inthe [Link] assume that the activity durations are independent of each other so that the normal distribution can be [Link] need only the parameters of the beta distribution for the finish node of the diagram. Answer: c 46. Which one of the following statements regarding Figure 2.2 is TRUE? a. Activity S cannot finish until activity T finishes. [Link] T cannot begin until activity U is completed. c. Activity U cannot begin until activities S and T have been [Link] V cannot begin until activity S has been completed. Answer: c .If a project has exactly one critical path, which one of the following statements is TRUE?[Link] an activity on the critical path will always result in an increase in total project profits. [Link] on the critical path cannot be crashed.c . C r a s h i n g a n a c t i v i t y o n t h e c r i t i c a l p a t h w i l l a l w a y s r e s u l t i n a r e d u c e d t o t a l p r o j e c t completion [Link] best schedule is one in which all activities are crashed as much as possible. Answer: c Project Management [Link] one of the following conditions violates the assumptions of PERT/CPM networks?[Link] activities can have zero variance. [Link] increase linearly as activity time is reduced below its normal time.c . T w o

activities tied together by an arc are overlapping and can be worked o n [Link] can be more than one critical path in a network. Answer: c Reference: [Link] one of the following statements is TRUE?[Link] path in a network having the minimum slack is the shortest path in the network. [Link] is never more than one critical path in a [Link] an activity on the critical path will always result in an increase in total project [Link]/CPM assumes that two activities tied together by a precedence relationship cannot be worked on simultaneously. Answer: d .In making an estimate of the most pessimistic time for an activity, a manager deliberatelyestimates this time too high (i.e., longer than it should be). What is the result of this action,assuming the beta distribution is being used to make time estimates?[Link] most likely time for this activity will be larger than it should be. [Link] variance of the activity will be smaller than it should [Link] beta distribution will be symmetric around its [Link] expected time for this activity will be larger than it should be. Answer: d Reference: