OPS571T Wk 4 – Apply: Week 4 Assignment

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?

In CPM, the late start time estimate is the latest time you can start an activity and still keep the entire project on schedule.

Breakthrough projects are those that provide fundamental improvements to existing products.

Project management can be defined as planning, directing, and controlling resources to meet the technical, cost, and time constraints of the project.

The Gantt chart is an example of a project control chart.

A simple project listing of five activities and their respective time estimates are presented here:

Using CPM, which activities make up the critical path?

One of the assumptions made using CPM is that project activities can be identified with clear beginning and ending points.

A simple project listing of five activities, their predecessors, and their respective time estimates are presented here:

Using the CPM, which activities have slack in this project?

The critical path in a CPM analysis is always the shortest path through the network.

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?

One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.

Some of the advantages of a functional project where the project is housed in a functional division include which of the following?

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.

The second step in managing a project is writing the statement of work.

A simple project listing of five activities, their predecessors, and their respective time estimates are presented here:

Using CPM, what is the latest finish time for the last activity in this project (i.e., the total time to complete the project)?

A matrix project attempts to blend properties of functional and pure project structures.

You know when you have arrived at the optimal solution in using the time-cost CPM scheduling model analysis when what happens?

The project indirect costs associated with a project include overhead, facilities, and resource opportunity costs.

Using the time-cost CPM model, the crash time is the shortest possible time allowed for each activity in the project.

In a CPM analysis, if you subtract the late finish from the early finish, the result is the activity’s slack time.

A matrix project structure is often referred to as a “skunkworks.”

Which of the following is a graphic project report used in project management?

Earned value management (EVM) has the capability to combine measurements of scope, schedule, and cost in a project.

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.

An advantage of a pure project where self-contained teams work full time on a project is which of the following?

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