Operations Management Flashcards

Flashcard maker : Julie Noel

A project can be subdivided into which of the following?

A. Job orders

B. Sub-jobs

C. Work Packages

D. Sub-paths

E. Events and decisions

C. Work Packages

A project starts out as which of the following?

A. A Statement of Work

B. Critical Path Method (CPM)

C. A series of milestones

D. A Gantt chart

E. A latest-start-time estimate

A. A Statement of Work

What is a work breakdown structure?

A. A list of the activities making up the higher levels of the project

B. A definition of the hierarchy of project tasks, subtasks, and work packages

C. A depiction of the activities making up a project

D. A Gantt chart

E. A structure that is incompatible with the Critical Path Method

B. A definition of the hierarchy of project tasks, subtasks, and work packages

Which of the following is a graphic project report used in project management?

A. Project proposal

B. Approved project plan

C. Humphrey chart

D. Equipment and supplies chart

E. Cost and performance tracking schedule

E. Cost and performance tracking schedule

In a Gantt chart the horizontal axis is usually which of the following?

A. Activities

B. Cost

C. Profit

D. Time

E. Milestones

D. Time

An advantage of a pure project where self-contained teams work full time on a project is which of the following?

A. Team members can work on several projects

B. Functional area is a “home” after the project is completed

C. There are duplicated resources

D. Lines of communication are shortened

E. Overall organizational policies and goals can be ignored

D. Lines of communication are shortened

Some of the advantages of a functional project where the project is housed in a functional division include which of the following?

A. The project manager has full authority over the project

B. Team pride, motivation, and commitment are high

C. A team member can work on several projects

D. Needs of the client are secondary

E. None of the above

C. A team member can work on several projects

A series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

A. Matrix project

B. Integrated Task Force

C. Functional project

D. Pure project

E. Cross-functional flexible team

A. Matrix project

You are looking at a chart that has the terms BCWS, BCWP and AC indicating lines on the chart. What kind of chart are you looking at?

A. Gantt Chart

B. PERT Chart

C. Bar/Milestone Chart

D. Total Program Cost Breakdown

E. EVM Chart

E. EVM Chart

PERT is an abbreviation for which of the following methodologies?

A. Product Evaluation, Result and Treatment

B. Programming and Evaluation Realization Technology

C. Program Evaluation and Review Technique

D. Process Evaluation and Review Technology

E. It is a name, not an abbreviation for anything

C. Program Evaluation and Review Technique

You have just been assigned to oversee a series of projects. Functional areas will loan you personnel for each project and separate project managers will be responsible for separate projects. These project managers will report to you. Which project management structure is being used?

A. Pure Project

B. Task force

C. Matrix Project

D. Functional Project

E. PERT

C. Matrix Project

You have been placed in charge of a large project. Shortened communication lines are required to insure quick resolution of problems as they arise. You recognize that the project is going to take a lot of time and require a lot of team pride, motivation, and commitment by all members. Which project management structure should you use in this situation?

A. Pure Project

B. Task force

C. Matrix Project

D. Functional Project

E. PERT

A. Pure Project
A simple project listing of five activities and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Days
A-none-1
B-A-2
C-A-1
D-BandC-3
E-D-2Using CPM, which activities make up the critical path?A. A, C, D, E

B. A, B, D, E

C. A, C, B, D, E

D. A, D, E

E. None of the above

B. A, B, D, E
There are two paths: A, B, D, E and A, C, D, E. ABDE will take 8 days while ACDE will take 7 days. ABDE, therefore, is the critical path for this project. Activity C is off the critical path because there is one day of slack in that activity.
A simple project listing of five activities, their predecessors and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Days
A-none-3
B-A-2
C-A-1
D-BandC-3
E-D-4
Using CPM, what is the Latest Finish Time for the last activity in this project (i.e., the total time to complete the project)?A. 10 daysB. 7 days

C. 8 days

D. 12 days

E. 9 days

D. 12 days
Total time for these activities is 12 days
A simple project listing of five activities, their predecessors and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Days
A-none-2
B-A-2
C-A-1
D-BandC-3
E-D-1
Using the CPM, which activities have slack in this project?A. AB. B

C. C

D. D

E. C and E

C. C
The critical path for this project is ABDE. Activity C has one day of slack in this project.
A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Day
A-none-3
B-A-3
C-A-3
D-B-4
E-C-2
F-DandE-1
G-F-2
Using CPM, which activities make up the critical path?A. A, B, D, F, GB. A, C, E, F, G

C. A, C, B, F, E

D. A, D, E

E. None of the above

A. A, B, D, F, G
There are only two paths, ABDFG & ACEFG. ABDFG takes 13 days while ACEFG takes 11 days. ABDFG (answer A) is the critical path.
A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Day
A-none-3
B-A-3
C-A-3
D-B-1
E-C-2
F-DandE-1
G-F-2
Using CPM, what is the Latest Finish Time for the last activity in this project (i.e., the total time to complete the project)?A. 9 daysB. 10 days

C. 11 days

D. 12 days

E. 13 days

C. 11 days
There are two paths, ABDFG & ACEFG. ABDFG takes 10 days while ACEFG takes 11 days. ACEFG is the critical path and C) 11 days is the correct answer
A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below:
Activity-Immediate Predecessor-Time in Day
A-none-3
B-A-3
C-A-3
D-B-4
E-C-2
F-DandE-1
G-F-1
Using CPM, which activities have slack in this project?
A. A, B, CB. B, DC. Only C

D. C, E

E. F, G

D. C, E
There are two paths, ABDFG & ACEFG. ABDFG takes 12 days while ACEFG takes 10 days. ABDFG is the critical path. Activities C & E have 2 days of slack time in this project. The correct answer is D.

For an activity in a CPM analysis, the Early Start time is 8 and the Late Start time is 10. Which of the following statements is true?

A. The Late Finish is 12

B. The Early Finish is 10

C. The slack for this activity is 2

D. The duration of this activity is 2

E. The activity is on the critical path

C. The slack for this activity is 2
10-8=2

For an activity in a CPM analysis the Early Finish time is 20 and the Late Finish time is 20. Which of the following statements is true?

A. The activity’s late start must happen before its early start

B. The activity is on the critical path

C. The slack for this activity is 20

D. The duration of this task is zero

E. The duration of this task is 20

B. The activity is on the critical path

A listing of immediate predecessor activities is important information in a CPM analysis for which of the following reasons?

A. It specifies the relationships in the CPM network of activities

B. It provides useful timing information

C. It includes cost information

D. It is the probability information required in the final step of CPM

E. None of the above

A. It specifies the relationships in the CPM network of activities

You have just performed a CPM analysis and have found that more than one path through the project network has zero slack values. What can you conclude?

A. You have incorrectly performed the analysis

B. You have multiple critical paths

C. Only one path is optimal

D. More than one path is optimal

E. The project will not be completed by the desired time

B. You have multiple critical paths

You know when you have arrived at the optimal solution in using the Time-Cost CPM Scheduling model analysis when what happens?

A. You have found the critical path

B. You have run out of crash time

C. You no longer have a linear relationship with costs

D. You have reached the minimum total cost

E. You have run out of crash costs

D. You have reached the minimum total cost

In CPM analysis it is generally expected that the relationship between activity direct costs and project indirect costs will be which of the following?

A. Positively related

B. Optimally related

C. Negatively related

D. Not related

E. Fractionally related

C. Negatively related
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New