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OM 300 Exam 2 Chilcutt –UA: Questions And Correct Answers
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OM 300 Exam 2 Chilcutt –UA: Questions And Correct Answers
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OM 300 Exam 2 Chilcutt –UA: Questions And CorrectAnswers
What are the three primary activities involved in managing a project? Right
Ans - planning, scheduling, controlling
What are the responsibilities of a project manager? Right Ans - 1)All
necessary activities are finished in order and on time
2)The project comes in within budget
3)The project meets quality goals
4)The people assigned to the project receive motivation, direction, and
information
What types of ethical issues could arise for a project manager? Right Ans -
1)Offers of gifts from contractors
2)Pressure to alter status reports to mask delays
3)False reports for charges of time and expenses
4)Pressure to compromise quality to meet schedules
goal setting, defining the project, team organization, determining resources,
establishing objectives Right Ans - planning
relate people, money, and supplies to specific activities and activities to each
other Right Ans - scheduling
monitor resources, costs, quality, and budgets; revise plans and shift
resources to meet time and cost demands Right Ans - controlling
Who coordinates activities and monitors schedule and cost? Right Ans -
project manager
___________ ___________should be good coaches, good communicators, and able to
organize activities from a variety of disciplines Right Ans - project
managers
What is the main difference between using a Gantt chart versus using the CPM
techniques? Right Ans - Gantt charts do not show how activities relate to
one another, but CPM does (Gantt charts are useful for visualizing the timeline
, of individual tasks, while CPM is useful for identifying the critical path and
calculating the overall project completion time)
What are the 6 steps for using CPM techniques? (just put it on cheat sheet)
Right Ans - 1.Define the project and prepare the work breakdown structure
2.Develop relationships among the activities - decide which activities must
precede and which must follow others
3.Draw the network connecting all of the activities
4.Assign time and/or cost estimates to each activity
5.Compute the longest time path through the network - this is called the
critical path
6.Use the network to help plan, schedule, monitor, and control the project
What are the advantages of CPM techniques? Right Ans - 1.Especially useful
when scheduling and controlling largeprojects
2.Straightforward concept and not mathematically complex
3.Graphical networks help highlight relationships among project activities
4.Critical path and slack time analyses help pinpoint activities that need to be
closely watched
5.Project documentation and graphics point out who is responsible for
various activities.
6.Applicable to a wide variety of projects
7.Useful in monitoring not only schedules but costs as well
What are the disadvantages of CPM techniques? Right Ans - 1.Project
activities have to be clearly defined, independent, and stable in their
relationships
2. Precedence relationships must be specified and networked together
3. Time estimates tend to be subjective and are subject to fudging by
managers
4. There is an inherent danger of too much emphasis being placed on the
longest, or critical path
what is the longest path through the network called? Right Ans - critical
path
true or false: critical path activities have NO slack time Right Ans - true
understand how to crash a project Right Ans - okay lol
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