06-Time Management Flashcards
1
Q
1. To control the schedule, a project manager is reanalyzing the project to predict project duration. She does this by analysing the sequence of activities with the least amount of scheduling flexibility. What technique is she using? A. Critical path method B. Flowchart C. Precedence diagramming D. Work breakdown structure
A
- Answer A
Explanation There are only two choices related to scheduling: critical path method and precedence diagramming. Precedence diagramming, however, is a diagramming technique that deals with the relationship between activities, not schedule flexibility. The project manager is analyzing the critical path.
2
Q
2. A dependency requiring that design be completed before manufacturing can start is an example of a(n): A. Discretionary dependency. B. External dependency. C. Mandatory dependency. D. Scope dependency.
A
- Answer C
Explanation No mention is made that the dependency comes from a source outside the project, so this is not an external dependency. Scope dependency is not a defined term. The key word in the question is “requiring.” Since the dependency is required, it could not be discretionary and therefore must be mandatory. The question defines a mandatory dependency.
3
Q
3. Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams? A. Logical relationships B. Critical paths C. Resource trade-offs D. Progress or status
A
- Answer D
Explanation The bar chart (or Gantt chart) is designed to show a relationship to time. This is best
used when demonstrating progress or status as a factor of time.
4
Q
4. If the optimistic estimate for an activity is 12 days, and the pessimistic estimate is 18 days, what is the standard deviation of this activity? A. 1 B. 1.3 C. 6 D. 3
A
- Answer A
Explanation The beta standard deviation is computed by (P - 0)/6. Therefore, the answer is
(18 - 12)/6 = 6/6 = 1.
5
Q
5. A heuristic is BEST described as A. Control tool. B. Scheduling method. C. Planning tool. D. Generally accepted rule.
A
- Answer D
Explanation A heuristic is a generally accepted rule. Examples are cost per line of code, cost per square foot of floor space, etc.
6
Q
- Lag means:
A. The amount of time an activity can be delayed without delaying the project finish date.
B. The amount of time an activity can be delayed without delaying the early start date of its successor.
C. Waiting time.
D. The product of a forward and backward pass.
A
- Answer C
Explanation Total float and free float are the time an activity can be delayed without impacting the entire project or the next activity. A forward or backward pass refers to a network analysis technique, not waiting time. Waiting time is the correct definition of lag.
7
Q
7. Which of the following is the BEST project management tool to use to determine the longest time the project will take? A. Work breakdown structure B. Network diagram C. Bar chart D. Project charter
A
- Answer B
Explanation The bar chart may show an end date, but it is not used to determine dates. The project charter also may include a required end date, but not a logical determination of how long the project will take. The network diagram takes the activities from the activity list and adds dependencies. The dependencies allow us to look at the various paths through the diagram to determine the longest duration (critical) path. The network diagram is the best answer.
8
Q
- Which of the following is CORRECT?
A. The critical path helps prove how long the project will take.
B. There can be only one critical path.
C. The network diagram will change every time the end date changes.
D. A project can never have negative float.
A
- Answer A
Explanation This question tests your knowledge about a number of topics. There can often be more than one critical path, but you might adjust the plan in order to decrease risk and have only one critical path. The network diagram may or may not change when the end date changes, depending on the amount of schedule reserve and the reason for the change to the schedule. You can have negative float if you are behind schedule. The critical path helps prove how long the project will take. This is the only correct statement of the choices given.
9
Q
- What is the duration of a milestone?
A. It is shorter than the duration of the longest activity.
B. It is shorter than the activity it represents.
C. It has no duration.
D. It is the same length as the activity it represents.
A
- Answer C
Explanation A milestone represents the completion of a series of activities or work packages. Therefore, it takes no time of its own.
10
Q
- Which of the following BEST describes the relationship between standard deviation and risk?
A. There is no relationship.
B. Standard deviation tells you if the estimate is accurate.
C. Standard deviation tells you how uncertain the estimate is.
D. Standard deviation tells you if the estimate includes a pad.
A
- Answer C
Explanation An estimate can have a wide range and still he accurate if the item estimated includes identified risks. There is no such thing as a pad in proper project management. An estimate might be inflated, but it is a calculated reserve to account for risks, not arbitrary padding. The standard deviation tells you the amount of uncertainty or risk involved in the estimate for the activity.
11
Q
- The float of an activity is determined by:
A. Performing a Monte Carlo analysis.
B. Determining the waiting time between activities.
C. Determining lag.
D. Determining the length of time the activity can be delayed without delaying the critical path.
A
- Answer D
Explanation The total float of an activity is the length of time the activity can be delayed without delaying the critical path.
12
Q
12. A project has three critical paths. Which of the following BEST describes how this affects the project? A. It makes it easier to manage. B. It increases the project risk. C. It requires more people. D. It makes it more expensive.
A
- Answer B
Explanation Though having three critical paths COULD require more people or cost more, the answer that is definitely and always true is that it increases project risk. Because you need to manage three critical paths, there is more risk that something could happen to delay the project.
13
Q
13. If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do? A. Perform a Monte Carlo analysis. B. Fast track the project. C. Perform resource optimization. D. Analyze the life cycle costs.
A
- Answer C
Explanation Fast tracking affects both time and cost but may not help even out resource usage. Monte Carlo analysis and analysis of life cycle costs do not directly deal with resources. Resource optimization is the only choice that will definitely affect resources.
14
Q
14. When is a milestone chart used instead of a bar chart? A. Project planning B. Reporting to team members C. Reporting to management D. Risk analysis
A
- Answer C
Explanation Both types of charts are used in project planning. Team members need to see details and so they need a bar chart rather than a milestone chart. Risk analysis COULD make use of both charts. A milestone chart is used instead of a bar chart for any situation where you want to report in a less detailed way. Since bar charts can scare people with their complexity and often show too much detail to be worthwhile on a management level, milestone charts are more effective for reporting to management.
15
Q
15. Your project management plan results in a project schedule that is too long. If the project network diagram cannot change but you have extra personnel resources, what is the BEST thing to do? A. Fast track the project. B. Level the resources. C. Crash the project. D. Perform Monte Carlo analysis.
A
- Answer C
Explanation Leveling resources generally extends the schedule. Monte Carlo analysis does not directly address the constraints of this situation. To compress the schedule, you could either crash or fast track. However, the situation says that the network diagram cannot change. This eliminates the fast tracking option, leaving crashing the project as the best answer.
16
Q
- Which of the following is the BEST thing to do when asked to complete a project two days earlier than planned?
A. Tell senior management that the project’s critical path does not allow the project to be finished earlier.
B. Tell your boss.
C. Meet with the team to look at options for crashing or fast tracking the critical path.
D. Work hard and see what the project status is next month.
A
- Answer C
Explanation This is another question that asks about problem solving. Neither telling the boss nor waiting to see the status next month tries to solve the real problem. It would be inaccurate to report that the project cannot be finished earlier. Only meeting with the team to look for options for compressing the schedule (by crashing or fast tracking) relates to problem solving.
17
Q
- In attempting to complete the project faster, the project manager looks at the cost associated with crashing each activity. The BEST approach to crashing would also include looking at the:
A. Risk impact of crashing each activity.
B. Customer’s opinion of which activities to crash.
C. Boss’s opinion of which activities to crash and in which order.
D. Project life cycle phase in which the activity is due to occur.
A
- Answer A
Explanation You may or may not need your customer’s or your boss’s input, but you will definitely need to include an analysis of risk.
18
Q
18. Which of the following processes includes asking team members about the time estimates for their activities and reaching agreement on the calendar date for each activity? A. Sequence Activities B. Develop Schedule C. Define Scope D. Develop Project Charter
A
- Answer B
Explanation By the time this process is taking place, Develop Project Charter, Define Scope, and Sequence Activities would be completed. The process defined in the question is Develop Schedule.
19
Q
- A project manager is in the middle of executing a very large construction project when he discovers the time needed to complete the project is longer than the time available. What is the BEST thing to do?
A. Cut product scope.
B. Meet with management and tell them the required date cannot be met.
C. Work overtime.
D. Determine options for schedule compression and present management with his recommended option.
A
- Answer D
Explanation This question again tests whether you know how to solve problems. Cutting product scope negatively affects the customer, and is therefore not best. A project manager’s job is to determine options for meeting any end date; therefore, simply telling management the required date cannot be met is not correct. Working overtime is expensive and unnecessary when there are many other choices that could be selected first. Determining options for schedule compression would have the least negative effect on the project.