Chapter 3- Project Management (T/F) – Flashcards
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The ES of an activity that has only one predecessor is simply the EF of that predecessor
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True
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One phase of a large project is scheduling
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True
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A project organization works best for an organization when the project resides in only one of its functional areas
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False
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By their very nature, projects have a limited lifetime, and that sets project management apart from the management of more traditional activities
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True
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One responsibility of a project manager is to make sure that the project meets its quality goals
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True
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Work Breakdown Structure is a useful tool in project management because it addresses the timing of individual work elements
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False
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Project managers have their own code of ethics, established by the Project Management Institute
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True
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Ethical issues which can arise in projects include bid rigging, bribery, and "low balling"
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True
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Gantt charts give a timeline for each of a projects activities, but do not adequately show the interrelationships of activities
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True
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PERT, but not CPM, has the ability to consider the precedence relationships in a project
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False
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The shortest of all paths through the network is the critical path
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False
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The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates
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False
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Slack is the amount of time an activity can be delayed without delaying the entire project
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True
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Every network has at least one critical path
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True
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The critical path can be determined by use of either the "forward pass" or the "backward pass"
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False
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The standard deviation of project duration is the average of the standard deviation of all activities on the critical path
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False
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In PERT analysis, the identification of the critical path can be incorrect if a noncritical activity takes substantially more than its expected time
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True
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Shortening the project duration by deleting unnecessary activities is called "project crashing"
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False
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In project management, crashing an activity must consider the impact on all paths in the network
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True
