Reference no: EM132267518
1. The project definition step involves all of the following EXCEPT:
determining the activities required.
identifying the project deliverables.
defining the project objectives.
developing the project budget.
2. The limit to which an activity's normal time can realistically be reduced is called the ________ .
maximum time
rush time
crash time
critical duration
3. All of the following are reasons to stop crashing EXCEPT:
the project has been crashed to the desired duration.
the cost of additional crashing exceeds the benefit.
more than one path has become critical.
there are no critical activities that can be crashed further.
4. The probability that a project with uncertain activity times will have a completion time greater than its expected time:
depends on the critical path's time variance.
is distributed in a negatively skewed manner.
depends on whether all activity times are independent
is governed by the central limit theorem
5. Which of the following is NOT a time estimate obtained for uncertain activities in Project Evaluation and Review Technique (PERT)?
Most probable time
Optimistic time
Pessimistic time
Early start time
6. The horizontal and vertical axes in a project Gantt chart indicate:
time units and activities.
cost incurred and activities.
equipment needed and activities.
staffing required and time units.