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- Verita Nist, an automobile company, sought to improve the production time and quality of its products within a year. In the first month, the company installed five new assembling machines. This reduced the production time by 15 percent. In the context of the language of the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), this decrease in the production time of Verita Nist’s products is an example of a(n) _____.
A) event
- Which of the following terms is most closely associated with a task required by the project?
A) activity
- The amount of time a noncritical task can be delayed without delaying the project is called?
A) slack
- Organ Bennett Inc., a public relations firm, is working on a project to improve the brand image of Sizil, a client firm, over a period of a year. The project requires Organ Bennett to organize a press conference to announce the launch of Sizil’s new product. The project members need to invite reporters for the same. In the context of the language of the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), inviting reporters is most likely a(n) _____.
A) activity
- A task or set of tasks required by the project.
A) Activity
- An identifiable state resulting from the completion of one or more activities is called?
A) an event
- Rico Gen, a sports apparel manufacturing company, maintains a target of increasing its sales by 20 percent per month to achieve its goal of expanding its business in the international market. In the context of the language of the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), the monthly targets achieved by Rico Gen are known as _____.
A) milestones
- Slack is calculated as?
A)LFT – EFT
- An identifiable state resulting from the completion of one or more activities.
A) Event
- A series of connected activities (or intermediate events) between any two events in a network.
A) Path
- What is the expected time to complete a task with an optimistic, most likely
and pessimistic times of 3, 4, and 7 days respectively?
A) 4.3
- What is the standard deviation of a task with optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively assuming the estimates were made at the 99% plus level?
A) .667
- An approximation of the standard deviation for an activity.
A) ((b-a))/6
- Which type of following precedence diagramming convention is the most common?
A) Finish to start
- A Term not used in the discussion of PERT/CPM analysis is
A) Sensitivity path
- Consider a project network that begins with activity X and is followed by activity Y. The earliest start time for activity X is 5 days and it will take 3 days to be completed. The earliest start time for activity Y is 12 days. Given this information, activity X has _____ of free slack.
A) 4 days
- Before this can be achieved or realized, all its predecessor activities must be completed.
A) Event
- A diagram of nodes connected by directional arcs that defines the project and illustrates the technological relationships of all activities.
A) Network
- Which type of precedence diagramming convention is the following: Activity 7 must be complete at least 1 day before Activity 8 is completed.
A) Finish to finish
- Consider a project network that begins with activity A and is followed by activity B. Activity A takes 6 days to finish. If the earliest start time for activity B is 6 days and the latest start time for it is 10 days, activity B has a slack of _____.
A) 4 days
- Technical dependencies on a project plan are easiest to see on a:
A) PERT/CPM chart
- Which type of precedence diagramming convention is the following: Activity 11 cannot be completed before 7 days after the start of Activity 10.
A) Start to finish
- Ben is part of a new project in his company. He is asked to complete a task within two days, but he is only able to finish it in three days. Since the task assigned to him is noncritical in nature, the extra day taken by Ben does not cause a delay in the project. In this scenario, the additional day taken by Ben is known as _____.
A) slack
- Identifiable and noteworthy events marking significant progress on the project.
A) Milestones
- Scrum employs a consensus-based approach to develop estimates for the effort required to complete each product requirement listed in the product backlog. This consensus-based approach is called what?
A) Estimation pokey
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