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BUSINESS MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 12 (SCHEDULE MANAGEMENT) $5.49   Add to cart

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BUSINESS MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 12 (SCHEDULE MANAGEMENT)

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  • Business Management

Unlock the secrets to mastering project scheduling and management with our comprehensive quiz on key concepts. From understanding critical paths and Gantt charts to exploring resource buffers and the intricacies of the Responsibility Assignment Matrix (RAM), this quiz covers essential terms and def...

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  • August 31, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Business Management
  • Business Management
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BUSINESS MANAGEMENT – APM PMQ COMPETENCE TEST 2024 SERIES 12

SCHEDULE MANAGEMENT QUIZ

NOTE: This is part 12 of a complete series of APM (Association for Project Management) PMQ
(Project Management Qualification) as of September 2024 all you need for your exam preps

Circle the letter of the Definition that corresponds to the displayed Term.
[1]
Question: Critical path

a) Critical Chain. The centralised management of schedule contingencies
b) A sequence of activities through a precedence network from start to finish, the sum of whose
durations determines the overall duration.
c) A hierarchical breakdown of the products required to be produced by a project.
d) The totality of the outputs, outcomes and benefits and the work required to produce them.

Correct Answer: A sequence of activities through a precedence network from start to finish, the sum
of whose durations determines the overall duration.
Explanation: The critical path is the longest path through a project with the least amount of slack,
determining the shortest possible project duration.

[2]
Question: Scheduling

a) A hierarchical breakdown of the work required to deliver the products of a project.
b) A diagram or chart showing responsibility assignments for elements of work. It is created by
combining the WBS with the OBS.
c) A sequence of activities through a precedence network from start to finish, the sum of whose
durations determines the overall duration.
d) The process used to determine the overall project duration. This includes identification of activities
and their logical dependencies, and estimating activity durations, taking into account requirements and
availability of resources.

Correct Answer: The process used to determine the overall project duration. This includes
identification of activities and their logical dependencies, and estimating activity durations, taking into
account requirements and availability of resources.
Explanation: Scheduling involves planning the sequence and duration of activities to determine the
project’s overall timeline.

[3]
Question: RAM (Responsibility assignment matrix)

a) A diagram or chart showing responsibility assignments for elements of work. It is created by
combining the WBS with the OBS.

© Strategic Business Management Scholars -2024

, Business Management

b) A resource based approach to scheduling, useful when time is critical and derived from the critical
path, that protects critical chains of activities with buffers.
c) The process whereby outputs, outcomes and benefits are identified, defined and controlled.
d) A sequence of activities through a precedence network from start to finish, the sum of whose
durations determines the overall duration.

Correct Answer: A diagram or chart showing responsibility assignments for elements of work. It is
created by combining the WBS with the OBS.
Explanation: The RAM helps in assigning responsibilities to project tasks and is often used to clarify
roles and expectations.

[4]
Question: Gantt chart

a) A timetable showing the forecast start and end dates for activities or events within a project,
programme or portfolio.
b) Critical Chain. A task-free period inserted between a non-critical path and its join to the critical path
to ensure that critical path tasks are not delayed by the non-critical path.
c) A hierarchical way in which the organisation may be divided into management levels and groups, for
planning and control purposes.
d) A graphical representation of activity against time.

Correct Answer: A graphical representation of activity against time.
Explanation: A Gantt chart visually represents project schedules, showing tasks, durations, and
relationships over time.

[5]
Question: Resource buffer

a) A sequence of activities through a precedence network from start to finish, the sum of whose
durations determines the overall duration.
b) A resource based approach to scheduling, useful when time is critical and derived from the critical
path, that protects critical chains of activities with buffers.
c) Critical Chain. A task-free period inserted between a non-critical path and its join to the critical path
to ensure that critical path tasks are not delayed by the non-critical path.
d) Critical Chain. A task-free period inserted before a task to be performed by a critical resource to
ensure that it can start on time.

Correct Answer: Critical Chain. A task-free period inserted before a task to be performed by a critical
resource to ensure that it can start on time.
Explanation: Resource buffers help ensure that critical resources are available and can start on time.

[6]
Question: Buffer


© Strategic Business Management Scholars -2024

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