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Exam (elaborations)

MAR 3203 EXAM 3 PROJECT MANAGEMENT TEST

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  • MAR 3203
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  • MAR 3203

MAR 3203 EXAM 3 PROJECT MANAGEMENT TEST...

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  • November 7, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAR 3203
  • MAR 3203
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MAR 3203 EXAM 3 PROJECT MANAGEMENT TEST


Which of the following is the basic assumption of PERT? - ANSWER
No activity in the network must be repeated.

PERT analysis computes the variance of the total project completion
time as: - ANSWER The sum of the variances of all activities on the
critical path.

The Beta distribution is used in project management to - ANSWER
Calculate expected activity times

Which of these statements regarding time-cost tradeoffs in CPM
networks is true? - ANSWER Crashing shortens the project duration by
assigning more resources to one or more of the critical tasks.

Which of the following statements regarding Gantt charts is true? -
ANSWER Gantt charts are visual devices that show the duration of
activities in a project.

Which of the following statements regarding PERT analysis is true? -
ANSWER Only critical activities contribute to the project variances.

The critical path of a network is the__________ - ANSWER longest
time path through the network.

The EF of an activity is the: - ANSWER ES + Activity time

An activity on a PERT network has these time estimates: optimistic = 1,
most likely = 2, and pessimistic = 5. Its expected time is: - ANSWER
2.33

An activity on a PERT network has these time estimates: optimistic = 2,
most likely = 5, and pessimistic = 10. Its expected time is: - ANSWER
5.33

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