Project Planning and Monitoring Schedule Management & Time Planning

Question 1

What does the Critical Path Method (CPM) determine in a project schedule?

Accepted Answer

The longest sequence of dependent activities that determines the minimum project duration

Answer

The most expensive sequence of tasks in the project

Answer

The tasks with the highest probability of delay

Answer

The sequence of activities requiring the most resources

Question 2

In project scheduling, what is 'float' (also called slack)?

Accepted Answer

The amount of time an activity can be delayed without delaying the project end date

Answer

The total contingency reserve set aside for unexpected costs

Answer

The buffer time automatically added to each task estimate

Answer

The overlap period between two concurrently running project phases

Question 3

Which scheduling tool displays project tasks as horizontal bars plotted against a timeline?

Accepted Answer

Gantt chart

Answer

Network diagram

Answer

PERT chart

Answer

Work Breakdown Structure (WBS)

Question 4

What is a 'finish-to-start' dependency in project scheduling?

Accepted Answer

A successor activity can only start after the predecessor activity has finished

Answer

A successor activity must finish before the predecessor can start

Answer

Both activities must start at the same time

Answer

Both activities must finish at the same time

Question 5

Which duration estimation technique uses the formula (Optimistic + 4 × Most Likely + Pessimistic) ÷ 6?

Accepted Answer

PERT (Program Evaluation and Review Technique)

Answer

Analogous estimating

Answer

Parametric estimating

Answer

Reserve analysis

Question 6

What is a project schedule baseline?

Accepted Answer

The approved version of the schedule used to measure and monitor performance

Answer

The minimum acceptable project end date approved by stakeholders

Answer

The earliest possible start date calculated for each project activity

Answer

The average completion time drawn from similar historical projects

Question 7

Which diagramming method places activities inside nodes (boxes) and uses arrows to represent dependencies between them?

Accepted Answer

Precedence diagramming method (PDM)

Answer

Resource histogram

Answer

Responsibility assignment matrix

Answer

Stakeholder register