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Exam (elaborations)

OMGT Exam 3 || QUESTIONS AND ANSWERS 100% SOLVED.

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  • Course
  • OMGT
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  • OMGT

One of the primary characteristics of projects as a form of work is the movement of personnel from project to project. T F correct answers True The Guide to the Project Management Body of Knowledge (PMBOK®) is divided into two main parts, the various business processes that organizations fol...

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  • August 7, 2024
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  • Exam (elaborations)
  • Questions & answers
  • OMGT
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OMGT Exam 3 || QUESTIONS AND ANSWERS 100%
SOLVED.
One of the primary characteristics of projects as a form of work is the movement of personnel
from project to project.

T F correct answers True

The Guide to the Project Management Body of Knowledge (PMBOK®) is divided into two
main parts, the various business processes that organizations follow in carrying out projects
and the nine knowledge areas applicable to nearly all projects.
T F correct answers True

The earliest finish time of an activity is always later than its latest start time.

T F correct answers False

A project is a one-time undertaking designed to achieve a particular organization goal.

T F correct answers True

There are more resources required during the performance phase of a project than the project
definition phase.

T F correct answers True

A critical path is composed OF activities other than critical activities.

T F correct answers False

Performance or time targets for each major group of activities in a project are set during the
concept phase of a project.

T F correct answers False

Key points in a project, such as when a major activity or phase is completed, are referred to
as lodestones.

T F correct answers False

The earliest start time of an activity is dependent on the earliest start time of its immediate
predecessors.

T F correct answers False

Activities on the critical path may have positive or negative slack as long as the overall slack
time of the critical path is zero.

T F correct answers False

, One characteristic of cloud computing is that the provider's computing resources may serve
multiple consumers with the resources dynamically allocated according to customer demand.
T F correct answers True

Material requirements planning is used to manage dependent demand inventory.

T F correct answers True

MRP does not use backward scheduling.


T F correct answers True

Gross requirements in an MRP record can be met by inventory from previous weeks,
scheduled receipts, or planned receipts.

T F correct answers True

Consider the product structure tree shown below:
Company B has no inventory at any level. They will need 180 Es to make 12 units of end
item X.

T F correct answers True

If a job has a negative critical ratio then it must be early.

T F correct answers False

Distribution requirements planning is used to synchronize supply chain partners at the
production activity control level.

T F correct answers True

All information systems are computer-based.



T F correct answers False

Accuracy is a key performance dimension for strategic decision-making information flows.

T F correct answers False

Since the booked orders figure represents actual customer demand in a master schedule, that
value is always less than or equal to forecasted demand.
T F correct answers False

The order quantity in a periodic review system rises as the on-hand inventory falls.

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