Chapter 3 Flashcards

1
Q

which were completed by Bechtel

A

ALL were projects

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2
Q

phases of project management are

A

planning scheduling and controlling

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3
Q

following is NOT one of the phases of project management

A

budgeting

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4
Q

a project organization

A

is effective for companies with multiple large projects

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5
Q

Ethical issues that may arise in projects large and small include

A

all of the above

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6
Q

the project organization works best when which of the following conditions are satisfied

A

i, iii, v

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7
Q

a project organization that becomes permanent is often referred to as a

A

matrix organization

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8
Q

statements regarding Gantt charts is true

A

are visual devices that show duration of activities in a project

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9
Q

the control of projects involves close monitoring of which

A

all of the above

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10
Q

regarding critical paths is true

A

on the specific project, there can be multiple critical paths, all with exactly the same duration

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11
Q

Activity D on a CPM

A

D is critical, and has zero slack

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12
Q

regarding CPM networks is true

A

if a specific project has multiple critical paths, all of them have the same duration

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13
Q

the time an activity will take assuming very unfavorable conditions

A

pessimistic time

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14
Q

the ______ distribution is used by PERT analysis to calculate expected activity times and variances

A

beta

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15
Q

regarding PERT times is true

A

optimistic time estimate is an estimate of the minimum time an activity will require

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16
Q

in a PERT network, non critical activities that have little slack need to be monitored closesly

A

B/c near critical paths could become critical paths with small delays in these activities

17
Q

regarding time cost trade-offs in CPM networks is true

A

crashing shortens the project duration by assigning more resources to one or more of the critical tasks

18
Q

construction project to rebuild the pentagon

A

Project Phoenix

19
Q

normal duration is 13 days can be shortened to 10 days,

A

$500