GCU MGT640 2020 JUNE Week 3 Quiz Latest

MGT640 Fundamental of Project Management

Week 3 Quiz  

1 During the Sequence Activities process, you discover that industry “best practices” techniques for your project dictate that activity A be completed using an automated process while activity B should be completed using a manual process. This type of dependency is known as preferred logic, or soft logic. Another name for this dependency is:

External dependency

Preferred dependency

Mandatory dependency

Discretionary dependency

2Define Activities involves decomposing the work package levels into units of work called what?

Schedule activities

Activities

Tasks

Code of accounts

3The four logical relationships known as: finish to start, start to finish, start to start, and finish to finish are used in which of the following diagramming methods?

GERT

PDM

CPM

ADM

4This process is where start and finish dates for your project activities are determined and activity sequences and durations are finalized. Some of the inputs to this process include calendars, lead and lags, and activity attributes. Which process is this question describing?

Develop Schedule

Sequence Activities

Estimate Activity Duration

Estimate Activity Resources

5All of the following are true regarding lead and lag time except which one?

Leads and lags are used when there are delays between dependent and independent activities in the project schedule.

Leads require time to be subtracted from the start date or the finish date of the dependent activity.

Lags delay successor activities and require time to be added to the start date or the finish date of the dependent activity.

Lead time is used more often than lag time.

6Which of the following mathematical analysis techniques calculates the earliest start and finish date and the latest start and finish date?

GERT

Duration compression

PERT

CPM

7You’ve calculated the critical path for your upcoming project. You know that which of the following is true regarding the critical path?

It’s determined using expected value.

It’s the longest full path on the project.

It’s made up of tasks with float time greater than zero.

It allows for conditional looping and branching.

8Total slack time is described as:

The amount of time you can delay the start of a task without delaying the start of a successor

task

The amount of time you can delay the start of a task without delaying the latest finish date of

a successor task

The amount of time you can delay the start of a task without delaying the ending of the project

The amount of time you can delay the start of a task without delaying the latest start date of a

successor task

9Your project sponsor has approached you and asked if there is any way you can speed up the project. Due to some unique marketing opportunities, the organization stands to increase profits dramatically if you can finish this project ahead of schedule. After some analysis, you inform the project sponsor that you will be able to finish the project ahead of schedule provided you can hire an outside vendor to complete the activities associated with some of the WBS elements. This will increase the cost of the project by $115,000. The sponsor agrees to pay the additional cost. What is this an example of?

Crashing, which is a compression technique used during the Schedule Development process

Fast tracking, which is a compression technique used during the Estimate Activity Duration process

Crashing, which is a compression technique used during the Estimate Activity Duration process

Fast tracking, which is a compression technique used during the Develop Schedule process

10This tool and technique produces schedule projections and probabilities. It estimates critical path duration estimates and float time by simulating multiple activity durations many times to come up with the schedule projections and their probabilities. What technique is this?

Parametric modeling

Monte Carlo Analysis

Design of experiments

PERT

11You are calculating PERT times for a programming activity on your project. Your lead programmer said the earliest possible completion time would be 200 days. The most likely time is 280 days and the longest it might take is 330 days. What is the expected value?

235

300

203

275

12You’re interested in knowing within a 95.44 percent confidence level how long the programming activity for your customer object will take. If the expected value is 410 days and the standard deviation is 15, which of the following is a 95 percent confidence level?

There is a 95 percent chance of completing this activity between 380 days and 440 days.

There is a 95 percent chance of completing this activity between 395 days and 425 days.

There is a 95 percent chance of completing this activity between 365 days and 455 days.

There is a 95 percent chance of completing this activity between 350 days and 460 days.

13You’ve discovered that one of your programmers is assigned too many tasks. You decide to assign some of her less critical tasks to other team members who are underallocatedin order to keep the project on schedule. This is an example of which of the following?

Resource requirements analysis

Fast tracking

Resource leveling heuristics

Contingency reserves

14Project constraints and assumptions are two of the pieces of information contained in this Develop Schedule output. Milestones, schedule activities, and activity attributes may also be included in which of the following?

Project management updates

Schedule data

Project schedule

Schedule baseline

15If the expected value for project duration = 110 days and standard deviation = 7.34 and standard deviation squared = 53.88, what is the project duration for 95 percent confidence factor?

The project will be completed within 102.66 days and 117.34 days.

The project will be completed within 56.12 days and 163.88 days.

The project will be completed within 95.02 days and 124.98 days.

The project will be completed within 95.32 days and 124.68 days.

16This method of constructing the schedule in Agile methodology is known as on-demand scheduling. It balances the work against the available resources or available capacity. It is known as which of the following?

Sprint

Kanban

Backlog

Fist to five