Project Time Management

Project Time Management

1. Which of the following is the BEST project management tool to use to determine the longest time the project will take?

WBS

Network diagram

Gantt chart

Project charter

2. Which of the following is CORRECT?

A critical path can run over a dummy

There can be only be one critical path

The network diagram will change every time the end date changes

A project can never have negative float

3. If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?

Perform a Monte Carlo analysis

Fast track the project

Perform resource leveling

Analyze the life cycle costs

4. Which of the following is the BEST thing to do to try to complete a project two days earlier?

Tell them that the project’s critical path does not allow the project to be finished earlier

Tell your boss

Meet with the team and look for options for crashing or fast tracking the critical path

Work hard and see what the project status is next month

5. A project manager is in the middle of the executing phase of a very large construction project when he discovers that the time needed to complete the project is longer than the time available. What is the BEST thing to do?

Contact the customer and tell them that their required date cannot be met

Meet with management and tell them that their required date cannot be met

Crash or fast track the project

Plan to crash or fast track the project and present options to management for a decision

6. You have a project with the following tasks: Task A takes 40 hours and can start after the project starts. Task B takes 25 hours and should happen after the project starts. Task C must happen after task A and takes 35 hours. Task D must happen after tasks B and C and takes 30 hours. Task E must take place after task C and takes 10 hours. Task F...