CAPM Schedule Management 4

Question 1

A project manager adds extra time to individual activity estimates to handle schedule risks. What is this practice called?

Accepted Answer

Padding or contingency reserve

Answer

Adding extra time to individual activity estimates is called padding or contingency reserve, used to handle identified schedule risks.

Question 2

Which method of estimating activity duration uses historical data from similar past projects?

Accepted Answer

Analogous estimating

Answer

Analogous estimating uses historical information from similar past projects as the basis for estimating current project durations.

Question 3

A project's critical path passes through activities A→C→E→G. Activity D is not on the critical path and has 8 days of total float. What happens if Activity D is delayed by 10 days?

Accepted Answer

The project will be delayed by 2 days

Answer

Since Activity D has only 8 days of float but is delayed by 10 days, the project end date will be delayed by the excess (10−8 = 2 days).

Question 4

Which resource optimization technique adjusts start and finish dates to balance demand for resources with available supply, potentially changing the critical path?

Accepted Answer

Resource leveling

Answer

Resource leveling is used when resources are over-allocated and may change the critical path by delaying activities to resolve resource conflicts.

Question 5

What does the term 'schedule baseline' refer to?

Accepted Answer

The approved version of the schedule used to measure performance

Answer

The schedule baseline is the approved version of the schedule model that can only be changed through formal change control procedures.

CAPM Practice Test

CAPM Practice Test

CAPM Schedule Management 4