Tuesday, April 24, 2012

PMP Study Material and Online Resources (Project Management Quiz - 71)

1. Early start dates are useful in _______:
[A]Determining float
[B]Assigning resources
[C]Forecasting costs
[D]Prioritizing work

2. The schedule development technique that provides early and late Start dates and early and late Finish dates for each activity is:
[A]GERT
[B]CPM
[C]Monte Carlo simulation
[D]PERT

3. The primary outcome of performing a forward pass on a network diagram in a critical path method is the determination of the:
[A]Earliest time each activity in the network can start and finish
[B]Amount of resources required completing the project
[C]Projects total float
[D]All the above

4. For calculating early finish, we need to proceed in a network from_________ and we need to add the ________of the activity to it's early start:
[A]Right to left, float
[B]Right to left, duration
[C]Left to right, duration
[D]Left to right , float

5. Based on the information given below, the late start (LS) for activity B is:
Activity No. Time Estimate (days) Immediate Predecessor
A
[A]2
[B]1
[C]6
[D]4

6. Based on the information given below, the late finish (LF) for an activity D is:
Activity No. Time Estimate (days) Immediate Predecessor
A
[A]11
[B]12
[C]6
[D]4

7. In what way does free float (FF) differ from total float (TF)?
[A]Free float is the amount of total float that does not affect the end date, whereas total float is the accumulated amount of free float
[B]There is no difference - the two terms are functionally equivalent
[C]Free float is the amount of time available exclusively to an activity and does not affect the early start of any immediately following activities
[D]Free float is commonly referred to as "slack time," whereas total float is commonly referred to as "float time"

8. Total float is the amount of time an activity may be delayed without delaying the:
[A]Project finish date
[B]Early start of the succeeding activities
[C]Other in-progress activities
[D]Constraints on other activities

9. Float that is not shared by any other activity in the network is known as a:
[A]Individual float
[B]Free float
[C]Total float
[D]Expected float

10. The time available for a series of tasks on a path without delaying the project end date is called:
[A]Free float
[B]Total float
[C]Activity float
[D]Margin float

11. The project network analysis covers:
[A]Early start, early finish, late start and late finish only
[B]Early start, early finish, late start and late finish, critical path analysis, float calculations etc.
[C]Project manager’s role to control project execution
[D]Mobilization of resources required for executing a project

12. Main advantage of using Gantt charts is:
[A]For project planning
[B]For reporting to project team members/stakeholders
[C]For quick review by management
[D]For effective risk analysis

13. Gantt charts are generally used to review the:
[A]Logical relationships
[B]Critical paths
[C]Progress or status as on date

14. As a control tool, the bar chart (Gantt) method is most beneficial for:
[A]Management review at higher level
[B]Good for project team members
[C]Showing the relationship of tasks at a summary level
[D]A and C

15. Which is not a strength of Gantt charts?
[A]It is simple to learn
[B]It is simple to use
[C]It enables team members to readily compare actual vs. planned performance
[D]It shows the interrelationships of tasks