Project Planning & Scheduling Flashcards
7 cards from real FPE practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Project Planning & Scheduling flashcards as text
A fire protection project manager uses a three-point estimate of Optimistic=10 days, Most Likely=15 days, Pessimistic=26 days for pipe installation. Using the PERT formula, what is the expected duration?
Answer: 16.0 days
PERT expected duration = (O + 4M + P) / 6 = (10 + 60 + 26) / 6 = 96 / 6 = 16 days.
During fire protection project execution, the project manager notices that actual costs are tracking significantly above the budget. The FIRST step should be to:
Answer: Identify the root cause of the cost variance before taking corrective action
Root cause analysis should precede any corrective action to ensure the right problem is being addressed and solutions are appropriate.
In a fire suppression project network diagram, a 'dummy activity' in an Activity-on-Arrow (AOA) diagram is used to:
Answer: Show logical dependencies without consuming time or resources
Dummy activities in AOA networks represent logical dependencies only, with zero duration and no resource consumption, to maintain network logic.
A fire protection project scope creep is BEST controlled through:
Answer: A formal integrated change control process
Integrated change control is the formal process for reviewing, approving, and managing all changes to the project scope baseline.
When planning procurement for a large fire protection project, a make-or-buy analysis would help determine:
Answer: Whether to produce components in-house or purchase from external vendors
Make-or-buy analysis evaluates whether it is more cost-effective and practical to produce goods/services internally versus procuring them externally.
A fire alarm project has a Cost Performance Index (CPI) of 1.15. This means the project is:
Answer: Generating $1.15 of earned value for every $1.00 actually spent
CPI = EV/AC; a CPI of 1.15 means the project is generating $1.15 in earned value for every actual dollar spent, indicating cost efficiency.
Which risk response strategy is being used when a fire protection contractor requires a specialty suppression subcontractor to carry their own insurance and bonding for a high-risk scope?
Answer: Risk transfer
Requiring subcontractors to carry insurance and bonding transfers the financial consequences of risk to another party.