Manage Project Time

 

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Manage Project Time

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Manage Project Time

1. Which of the following is true for a work package?
1 .  It requires the work of the entire project team
2 .  It is the responsibility of the project manager
3 .  It is the most detailed level of the WBS
4 .  It is the responsibility of the project sponsor
2. In addition to the project team, who needs to be included in the construction of the WBS?
1 .  Subject Matter Expert (SME)
2 .  Sponsor
3 .  Internal stakeholders
4 .  External stakeholders
3. The Baker Company is eager to develop a project schedule. They have already completed dr afts
of the scope statement and communications plan. What else do they need before they are ready
to proceed?
1 .  Cost estimates
2 .  Nothing, they are ready to proceed
3 .  Requirements matrix
4 .  Time estimates
4. Which of the following relate to a work activity?
1 .  It is a component of work performed during a project
2 .  It has clear starting and end points
3 .  Regardless of the number of people working on it, only one should be held accountable
4 .  All of the above
5. Sally has the time, money and physical resources to finish her project. However, there is only one tr ained engineer available to the
project and she needs three. Which of the limiting factors will influence her project schedule?
1 .  Logical order of activities
2 .  Imposed dates
3 .  Cash flow
4 .  Key resources available
6. For activities to be useful as schedule building blocks, they should have the following char acteristics:
1 .  Clear starting and ending points
2 .  T angible outputs that can be verified
3 .  1 & 2
4 .  None of the above
7. The critical path method is:
1 .  A schedule network analysis technique used to determine the amount of float
2 .  A schedule network analysis technique used to determine the minimum total project dur ation
3 .  A schedule network analysis technique used to determine the project flexibility
4 .  All of the above
5 .  None of the above
8. The program evaluation and review technique or PERT is used to:
1 .  Estimate the most likely amount of time needed to complete a project
2 .  The level of confidence in completing the project in a particular time frame
3 .  Calculate definitive costings
4 .  All of the above
5 .  None of the above
6 .  1 & 2

Manage Project Time

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9. Project lead time can:
1 .  Add time to the project
2 .  Reduce time of the project
10. Succession planning is a:
1 .  A strategic, systematic and deliberate activity designed to ensure that employees are recruited and developed to fill
vacancies – specifically key roles within the organisation
2 .  A simple enough process to implement as long as you have a clear organisational plan and can see where the gaps are
3 .  A process to recruit superior employees or the best available talent to develop their knowledge, skills, and abilities, and
prepare them for advancement or promotion into ever more challenging roles
4 .  A system designed to identify the smartest people in a company and look after them
11. Project lag time can:
1 .  Add time to a project
2 .  Reduce time to a project
12. The PERT diagrams can identify:
1 .  Logic errors
2 .  Scheduling conflicts
3 .  The critical path
4 .  Bottlenecks
5 .  Resource over allocations
6 .  Missing tasks
7 .  All of the above
8 .  1, 2 & 3
13. The Gantt Chart allows the project manager to see:
1 .  The project timeline
2 .  The start and finish time of task bars
3 .  The ‘in series’ and ‘in-parallel’ sequencing
4 .  The float
5 .  All of the above
14. Some of the people challenges a project manager may face can be caused by:
1 .  Inherited teams
2 .  Power struggles
3 .  Conflict
4 .  All of the above
15. In project management the RAM is:
1 .  A tool used to ascertain project variances
2 .  Used to allocate roles, responsibilities and involvement in a project
3 .  A tool that calculates the response/action/measure cycle of PM
4 .  All of the above
16. Project resources are:
1 .  Skilled human resources
2 .  Equipment
3 .  Supplies
4 .  Budgets or funds
5 .  All of the above
17. When calculating a project ’s duration, it is best to consider the time it will take to complete each activity individually.
1 .  True
2 .  False
18. A first draft of a project schedule can be constructed once the Work Breakdown Structure (WBS) has been constructed.
1 .  True
2 .  False
19. Network and logic diagrams are good for IT projects but not a lot of use for other projects.
1 .  True
2 .  False
20. A project milestone is an important point in the project schedule that the project manager and sponsor want to use as a
checkpoint.
1 .  True

Manage Project Time

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2 .  False
21. Most projects have very few schedule variations.
1 .  True
2 .  False
22. The PERT was developed by the US Navy in the 1950’s when it was developing the Polaris Weapons System.
1 .  True
2 .  False
23. The Gantt chart cannot show the project schedule.
1 .  True
2 .  False
24. Although presented in a table format, the WBS still manages to effectively start the scheduling process.
1 .  True
2 .  False
25. The PERT or network diagram presents the project manager with an opportunity to examine the logic and complexity created in
the WBS.
1 .  True
2 .  False
26. Y ou can really only incorporate Gantt Charts into your project schedule documentation if you have the right software (such as MS
Project) to develop them.
1 .  True
2 .  False
27. The task that Project Manager Peter is working on will, he estimates, take 40 hours. He has a lot of experience in this task and so
is very confident that it can be completed in this time. The person allocated to complete the task is contr acted to works 8 hours each
day (not including a lunch break) so this means he can allot 5 days to complete the task.
1 .  True
2 .  False
28. The WBS is a data entry tool that enables all the preliminary and required information to be collected to begin the scheduling
process.
1 .  True
2 .  False
29. The Gantt Chart enables you to see the project logic and the entire schedule on a timeline but it won’t help you to refine your
schedule.
1 .  True
2 .  False
30. The Resource Breakdown Structure (RBS) provides a categorised, hierarchical representation of the project ‘s resource
requirements.
1 .  True
2 .  False
31. In many cases the best person to estimate the time and cost of an activity is the person who actually does the job or activity.
1 .  True
2 .  False

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