CPM Operations & Project Management 2

Question 1

A project manager discovers that a key deliverable is two weeks behind schedule. Which response best applies the critical path method (CPM) to recover?

Accepted Answer

Crash activities on the critical path by adding resources

Answer

Crashing compresses the schedule by adding resources to critical path activities, directly recovering lost time.

Question 2

In operations management, which inventory model minimizes total holding and ordering costs by calculating the most economical order size?

Accepted Answer

Economic Order Quantity (EOQ) model

Answer

The EOQ model balances holding costs and ordering costs to find the optimal order quantity that minimizes total inventory cost.

Question 3

A manager uses a RACI chart during project planning. What does the 'A' (Accountable) designation mean?

Accepted Answer

The person ultimately answerable for correct task completion

Answer

Accountable means the person who is ultimately answerable for the outcome, typically approving the work done by the Responsible party.

Question 4

Which quality management tool displays the frequency of defect categories in descending order to help prioritize improvement efforts?

Accepted Answer

Pareto chart

Answer

A Pareto chart ranks defects by frequency to apply the 80/20 rule, identifying the vital few causes responsible for most problems.

Question 5

During project execution, a team member reports that scope creep is occurring. What is the FIRST action a project manager should take?

Accepted Answer

Evaluate the change request through the formal change control process

Answer

All scope changes must be evaluated through the formal change control process to assess impact on cost, schedule, and quality before approval.

(CPM) Certified Professional Manager Practice Test

(CPM) Certified Professional Manager Practice Test

CPM Operations & Project Management 2