Chapter 3 questions and answers with rated solutions

Chapter 3 questions and answers with rated solutions Gantt charts are A. not widely used. B. widely used network techniques. C. not easy to understand. D. planning charts used to schedule resources and allocate time. D Which of the following is NOT part of project​ controlling? A. using a feedback loop to revise the project plan B. sequencing and allotting time to all project activities C. shifting resources to where they are needed most D. close monitoring of​ resources, costs,​ quality, and budgets B How is the EF​ computed? A. LF minus−Activity time B. ​Max{EF of all immediate​ predecessors} C. ​Min{LS of all immediate following​ activities} D. ES​ + Activity time D The three phases involved in the management of large projects are A. ​scheduling, operating, and evaluating. B. ​scheduling, designing, and operating. C. ​planning, scheduling, and evaluating. D. ​planning, scheduling, and controlling D Which of these statements is NOT true about project​ scheduling? A. Project scheduling shows the relationship of each activity to others. B. Project scheduling identifies the precedence relationships among activities. 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 C What is the most popular example of specialized software for managing​ projects? A. Microsoft Project B. ​PERT/CPM+ C. Microsoft Management Tool D. Project Apple A The project organization may be LESS helpful when A. the project cuts across organizational lines. B. the work contains complex interrelated tasks requiring specialized skills. C. work tasks can be defined with a specific goal and deadline. D. the job is familiar to the existing organization. D Which of these time estimates is NOT used in​ PERT? A. standard time B. optimistic time C. most likely time D. pessimistic tim A Which of the following is a limitation of PERT and​ CPM? A. The graphical nature of a network delays comprehension of the activity​ list's interrelationships. B. There is the inherent danger of placing too much emphasis on the critical path. C. They are applicable to only a narrow variety of projects and industries. D. They can be used only to monitor schedules B What is the shortest duration required to complete an​ activity? A. optimistic time B. pessimistic time C. most likely time D. crash time D Which of the following is an advantage of PERT and​ CPM? A. Straightforward concept and not mathematically complex. B. Useful in monitoring only schedules. C. Precedence relationships must be specified and networked together. D. Project activities have to be clearly​ defined, independent, and stable in their relationships. A Computerized​ PERT/CPM reports and charts do NOT include A. variance reports. B. cost distribution tables. C. detailed cost breakdowns for each task. D. probability estimates for​ on-time completion D Which of the following is used for computations in​ CPM? A. normal time B. optimistic time C. pessimistic time D. most likely time A Which of the following is NOT a technique that allows managers to​ plan, schedule, and control​ projects? A. PERT B. CPM C. ​Factor-rating method D. Gantt charts C Which of the following is NOT true about Gantt​ charts? A. Gantt charts are planning charts used to schedule resources and allocate time. B. Gantt charts are​ low-cost means of helping managers make sure that activities are planned. C. Gantt charts also can be used for scheduling repetitive operations. D. Gantt charts adequately illustrate the interrelationships between the activities and the resources D The latest finish of an activity is A. ES​ + Activity time. B. LFminus−Activity time. C. ​Min{LS of all immediate following​ activities}. D. ​Max{EF of all immediate​ predecessors}. C