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MGSC FINAL EXAM |133 QUESTIONS | WITH COMPLETE SOLUTIONS!! $18.99   Add to cart

Exam (elaborations)

MGSC FINAL EXAM |133 QUESTIONS | WITH COMPLETE SOLUTIONS!!

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  • Course
  • MGSC
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  • MGSC

MGSC FINAL EXAM |133 QUESTIONS | WITH COMPLETE SOLUTIONS!!

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  • August 14, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • define a project
  • define activities
  • MGSC
  • MGSC
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EvaTee
MGSC FINAL EXAM |
133 QUESTIONS |
WITH COMPLETE
SOLUTIONS!!
MGSC

Evatee 8/14/24 MGSC

,MGSC FINAL EXAM |133 QUESTIONS | WITH
COMPLETE SOLUTIONS!!



define a project Answer - interrelated set of activities with a definite starting
and ending point, which results in a unique outcome for a specific allocation of
resources


what are the aspects of defining and organizing projects Answer - -defining the
scope and objectives of a project
- selecting the project manager and team
- recognizing organizational structure


Defining the work breakdown structure Answer - -statement of all work that
has to be completed
- consists of activities


define activities Answer - the smallest unit of work effort consuming both time
and resources that the project manager can schedule and control


how do you diagram the network Answer - - we use AON method and use:
- program evaluation and review technique (PERT)
- critical path method (CPM)


define the critical path Answer - sequence of activities between a project's
start and finish that takes the longest time to complete

, define slack Answer - - the maximum length of time that an activity can be
delayed without delaying the entire project
S= latest start- earliest start OR S= latest finish - earliest finish


how is a critical path related to the concept of slack? Answer - activities on the
critical path DO NOT have slack


define project crashing Answer - shortening and or expediating some activities
within a project to reduce overall project completion time an total project costs


what are different project costs Answer - - direct costs
-indirect costs
-penalty costs
- normal time
-normal cost
- crash time
- crash cost


what is the cost to crash per period Answer - crash cost - normal cost/ Normal
time - crash time


what is normal time Answer - the time necessary to complete an activity under
normal activities


what is normal cost Answer - the activity cost associated with the normal time


what is crash time Answer - the shortest possible time to complete an activity

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