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OM 300 Midterm Exam Chilcutt (Chapters 1-5S HW Questions With Solutions)
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OM 300 Midterm Exam Chilcutt (Chapters 1-5S HW Questions With Solutions)
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OM 300 Midterm Exam Chilcutt (Chapters 1-5S HWQuestions With Solutions)
The three phases involved in the management of large projects are Right
Ans - planning, scheduling, and controlling
The work breakdown structure for building a house (levels 1 and 2) is shown
below:
-Level 1: House
-Level 2: Site Preparation, Masonry, Carpentry, Plumbing, Finishing
To provide more detail to the WBS:
A)for the plumbing activity the appropriate next level activities could be:
a. underground pipes
b. toilets and sinks
c. irrigation system
d. all of the above
B)for the masonry activity, which of the following activities is not an
appropriate next level activity:
a. garage
b. exterior walls
c. painting
d. chimney Right Ans - A) d.
B) c.
Which of the following is a direct responsibility of the project manager?
Right Ans - making sure that the people assigned to the project receive the
motivation, direction, and information needed to do their jobs
Gantt charts are Right Ans - planning charts used to schedule resources
and allocate time.
Which of these statements is NOT true about project scheduling?
A) Project scheduling identifies the precedence relationships among activities.
B) Project scheduling shows the relationship of each activity to others.
, C) Project scheduling helps make better use of resources by identifying the
non-critical paths through the network.
D)Project scheduling encourages the setting of realistic time and cost
estimates for each activity. Right Ans - C
The critical path of a network is the Right Ans - longest time path through
the network.
With respect to PERT and CPM, slack Right Ans - is the amount of time a
task may be delayed without changing the overall project completion time
Among the following, critical path and slack time analysis MOST help:
A) pinpoint activities that need to be closely watched.
B) managers define the project activities.
C) highlight relationships among project activities.
D) point out who is responsible for various activities. Right Ans - A
The forecasting time horizon that would typically be easiest to predict for
would be the Right Ans - short range
A forecast that projects a company's sales is Right Ans - a demand forecast
CPFR is Right Ans - collaborative, planning, forecasting, and replenishment
What is the FIRST step in a forecasting system?
A) Determine the time horizon of the forecast.
B) Select the items to be forecasted.
C) Determine the use of the forecast.
D) Select the forecast model(s). Right Ans - C
Which of the following is a quantitative forecasting method?
A) market survey
B) sales force composite
C) jury of executive opinion
D) exponential smoothing Right Ans - D
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