Quiz 2

Quiz2.docx

1 Activities which can take place at the same time are termed

2 An uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives is termed a

3 Based on the following, which event should you be most concerned about?

4 If, for some reason, the project must be expedited to meet an earlier date, which of the following actions would the project manager take first?

		Check to see which activities are on the critical path.
		Check to see which activities cost the least.
		Check to see which activities have the most slack.
		Check to see which activities have the highest risk.
		Check to see which activities have the longest duration.

5 Information to develop a project network is collected from the

		Budget.
		Organization breakdown structure.
		Responsibility matrix.
		Project proposal.
		Work breakdown structure.

6 One common mistake made early in the risk identification process is to

		Not consider all possibilities.
		Encourage participants be over optimistic.
		Give too much attention to past events.
		Support participants being over pessimistic.
		Focus on consequences and not on the events that could produce consequences.

7 Risks are evaluated in terms of

8 The amount of time an activity can be delayed and yet not delay the project is termed

9 The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as

10 The backward pass in project network calculations determines all of the following EXCEPT

		Earliest time an activity can finish.
		How long an activity can be delayed.
		Latest time an activity can begin.
		The critical path.
		Latest time an activity can finish.

11 The cost impact of a risk event occurring as a project proceeds through its life cycle tends to

		Remain about the same.
		Drop sharply and then level out.
		Rise sharply and then level out.
		Slowly rise.
		Slowly drop.

12 The critical path in a project network is the

		Longest path through the network.
		Shortest path through the network.
		Network path with the most difficult activities.
		Network path with the most merge activities.
		Network path using the most resources.

13 The forward pass in project network calculations determines all of the following EXCEPT

		Duration of the project.
		Earliest time an activity can finish.
		How soon the project can finish.
		The critical path.
		Earliest time an activity can begin.

14 The initial step in the risk management process is to

		Set aside budget funds for managing the risks.
		Assess the risk potential.
		Appoint a risk manager.
		Identify the risks.
		Determine the level of acceptable risk.

15 The likelihood the original critical path(s) will change once the project is initiated is referred to as

16 When translated into a project network, a work package will become

17 Which of the following correctly calculates the early finish for an activity?

18 Which of the following correctly calculates the late start for an activity?

19 Which of the following will correctly calculate the total slack in an activity?

________ activities must be completed immediately before a particular activity.