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Exam 12: Project Management

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Question 31

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As per the Project risk/return matrix,projects that are poor candidates have a

A) low risk factor and low return factor.
B) high risk factor and low return factor.
C) low risk factor and high return factor.
D) high risk factor and high return factor.

E) A) and C)
F) A) and D)

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Question 32

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Tasks on the critical path with no slack are known as ________.

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Question 33

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A sequence of activities that leads from the starting node to the finishing node is called a

A task in a project which is a critical task should be chosen for crashing.

The shortest time for completing a project task is known as ________.

Integrated change control is a key activity during the monitoring and controlling phase of a project.

The act of determining which tasks precede and follow other tasks is known as ________.

It has been estimated that the mean time required to complete a project is 20 weeks and the variance of project completion time is 9 weeks.So there is a 50% chance that the project can be completed in

Integrated change control is a key activity during which phase of a project?

If two consecutive tasks on the same path each have two days of slack,this means that each of them can be delayed by two days without delaying the project.

Following are the three time estimates for a task in a project: optimistic completion time = 2 weeks Most likely completion time = 4 weeks Pessimistic completion time = 7 weeks Compute the expected time for the task.

Developing a road map for the project is known as ________.

The phase of the project in which the rate of spending typically increases is the

Developing the project management plan is a key activity during which phase of a project?

As per Belbin,a person who has the strengths of being an extrovert,enthusiastic,communicative and someone who explores opportunities and develops contacts is ideal for the project team role of

________ is a term applied to the process of managing changes to the project charter and plan.

The process of reporting to see that the project plan is being followed is known as ________.

The latest starting time for a task is equal to the latest finish time minus the task time.

The method for planning projects that uses shortest paths is called ________.

The difference between the latest possible completion time and the earliest possible completion time for a project task is known as ________.