In CPM analysis it is generally expected that the relationship between activity direct costs and project indirect costs will be which of the following?
Positively related
Optimally related
Negatively related
Not related
Fractionally related
Negatively related
A simple project listing of five activities, their predecessors, and their respective time estimates are presented below: Picture
Using the CPM, which activities have slack in this project?
A
B
C
D
C and E
c
Some of the advantages of a functional project where the project is housed in a functional division include which of the following?
The project manager has full authority over the project
Team pride, motivation, and commitment are high
A team member can w
A team member can work on several projects
You know when you have arrived at the optimal solution in using the Time-Cost CPM Scheduling model analysis when what happens?
You have found the critical path
You have run out of crash time
You no longer have a linear relationship with costs
You have rea
You have reached the minimum total cost
The fact that organizations are flattening is one of the reasons that project management is important.
True
False
true
The critical path in a project is that sequence of activities that consume the longest amount of time in a project network of activities.
True
False
true
One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.
True
False
false
A project may be defined as a series of related jobs directed toward some major output and requiring a significant period of time to perform.
True
False
true
A series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?
Matrix project
Integrated Task Force
Functional project
Pure project
Cross-f
Matrix project
A listing of immediate predecessor activities is important information in a CPM analysis for which of the following reasons?
It specifies the relationships in the CPM network of activities
It provides useful timing information
It includes cost information
It specifies the relationships in the CPM network of activities
A simple project listing of five activities, their predecessors, and their respective time estimates are presented below: Picture
Using CPM, what is the Latest Finish Time for the last activity in this project (i.e., the total time to complete the project
12 days
When reducing the planned duration of a project using the Time-Cost CPM model we select the activity to crash by determining the cost of each alternative and selecting the one whose cost is the greatest.
True
False
false
For an activity in a CPM analysis, the Early Start time is 8 and the Late Start time is 10. Which of the following statements is true?
The Late Finish is 12
The Early Finish is 10
The slack for this activity is 2
The duration of this activity is 2
The act
The slack for this activity is 2
A disadvantage of a matrix project organizational structure is that a project manager is held responsible for successful completion of the project.
True
False
false
You have the following time and cost information below for use in a Time-Cost CPM Scheduling model.
What are the three costs per unit of time to expedite each activity?
Picture
A=$300, B=$200, C=$300
A=$100, B=$200, C=$400
A=$200, B=$200, C=$200
A=$100, B
A=$200, B=$300, C=$400
A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below: Picture
Using CPM, which activities make up the critical path?
A, B, D, F, G
A, C, E,
A, B, D, F, G