Project Management Project Scheduling and Costing 3

Question 1

A project manager is compressing the schedule by adding more team members to critical path tasks. This technique is called:

Accepted Answer

Crashing

Answer

Crashing involves adding resources to critical path activities to shorten duration, typically at increased cost.

Question 2

What is the Estimate at Completion (EAC) formula when future work is expected to be performed at the budgeted rate?

Accepted Answer

EAC = AC + (BAC – EV)

Answer

When future work will proceed at the planned rate, EAC = AC + (BAC – EV), which adds actual costs to the remaining budget.

Question 3

Which scheduling output shows the planned start and finish dates for each project activity in a bar chart format?

Accepted Answer

Gantt chart

Answer

A Gantt chart is a bar chart displaying activities against a time scale with planned start and finish dates visually represented.

Question 4

A mandatory dependency between activities is also known as a:

Accepted Answer

Hard logic

Answer

Hard logic (mandatory dependency) is inherent in the nature of the work and cannot be changed, such as testing software before deployment.

Question 5

When using three-point estimation for PERT, what is the expected duration if optimistic = 4 days, most likely = 7 days, and pessimistic = 16 days?

Accepted Answer

8 days

Answer

PERT expected duration = (O + 4M + P) / 6 = (4 + 28 + 16) / 6 = 48 / 6 = 8 days.

Project Management Practice Test