Which of the following relationships is used in Arrow Diagramming Method [ADM] :
A. Start-to-Finish B. Finish-to-Start C. Start-to-Start D. Finish-to-Finish 2. Resource Leveling is a technique for: A. Develop Schedule B. Estimate Activity Durations C. Estimate Activity Resources D. Sequence Activities 3. Three-Point Estimates includes _________. A. Most likely B. Optimistic C. Pessimistic D. All 4. A Project with a total funding of $70,000 finished with a BAC value of $60,000. What term can best describe the difference of $10,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance 5. Resource reallocation from non critical to critical activities is an example of which Project Scheduling technique: A. Resource Leveling B. Schedule Compression C. Critical Path Method D. What if Analysis
6. Trend Analysis is best described as: A. Examining project performance over time B. Calculating Earned Value C. Calculating Cost Variance D. Analyzing performance of similar projects over time 7. What is the lowest level in a work breakdown structure? A. Project task B. Work package C. SOW D. none 8. If the Earned Value is equal to Actual Cost, What does it means: A. There is no cost variance B. There is no schedule variance C. Schedule Variance Index is 1 D. Project is on budget and on schedule
9. Resource Breakdown Structure is an example of: A. Text-oriented Format B. Functional Chart C. Hierarchical-type Organizational Chart D. Matrix-based Responsibility Chart
10. A project is a temporary endeavor undertaken to create a ________ product or service 11. Having only partial or no information about a situation or outcome, often due to ambiguity or complexity is known as ________ 12. With respect to project goals throughout the projects lifecycle, early in the life cycle, the project teams focus should be on how to achieve the required ________. 13. ____________, a term used to cover both risk quantification and risk response planning, is devoted to estimating the impacts that uncertainties have on project outcomes. a) risk planning b) risk analysis c)risk mitigation d) risk minin 14. Which of the following statements is false in regards to projects? a) Projects have limited budgets. b) Projects have life cycles. c) On most projects, conflict does not exist. d) Every project has some elements that are unique. 15. The term program refers to an exceptionally large, long-range objective that is broken down into a set of ________. a) Tasks b) Projects c) Subprojects d) Campaigns 16. The mission of the _________ is to foster the growth of project management and build professionalism in the field. a) Project Management Institute b) Manhattan Project c) Project Management Book of Knowledge d) ARPA.net 17. Because the customer is not a member of the performing organization, the customer isnot a stakeholder of the project. (True/False) 18. The pattern of progress observed in every project lifecycle can be explained by the S-curve that exhibits a cumulative pattern of slow-rapid-slow progress. (True/False) 19. The conventional project lifecycle can be described as a pattern of cumulative progress that is slow-rapid-slow progress. (True/False) 20. Earned value is based on the concept that the percentage of project completion is closely correlated with cost or with the use of resources (True/False) 21. In a conventional project lifecycle, as work progresses uncertainty about the expected outcome should increase (True/False). 22. Project management provides an organization with powerful tools that improve its ability to plan, implement, and control its activities. (True/False) 23. In general, projects today are getting smaller and smaller (True/False) 24. Which of the following is referred for monitoring and controlling the projects: A. Control Chart B. Activities Chart C. Gantt Chart D. None of above 25. Project Scope includes: A. Product Scope Description B. Project Deliverables C. Product Acceptance Criteria D. All the above. 26. Three-Point Estimates includes _________. A. Most likely B. Optimistic C. Pessimistic D. All 27. Resource reallocation from non critical to critical activities is an example of which Project Scheduling technique: A. Resource Leveling B. Schedule Compression C. Critical Path Method D. What if Analysis 28. A Project with a total funding of $70,000 finished with a BAC value of $60,000. What term can best describe the difference of $10,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance
29. Trend Analysis is best described as: A. Examining project performance over time B. Calculating Earned Value C. Calculating Cost Variance D. Analyzing performance of similar projects over time 30. If the Earned Value is equal to Actual Cost, What does it means: A. There is no cost variance B. There is no schedule variance C. Schedule Variance Index is 1 D. Project is on budget and on schedule
31. Resource Breakdown Structure is an example of: A. Text-oriented Format B. Functional Chart C. Hierarchical-type Organizational Chart D. Matrix-based Responsibility Chart 32. What is the lowest level in a work breakdown structure? A. Project task B. Work package C. SOW D. none 33. A project is a temporary endeavor undertaken to create a ________ product or service 34. Having only partial or no information about a situation or outcome, often due to ambiguity or complexity is known as ________ 35. With respect to project goals throughout the projects lifecycle, early in the life cycle, the project teams focus should be on how to achieve the required ________. 36. ____________, a term used to cover both risk quantification and risk response planning, is devoted to estimating the impacts that uncertainties have on project outcomes. a) risk planning b) risk analysis c)risk mitigation d) risk minin 37. Which of the following statements is false in regards to projects? a) Projects have limited budgets. b) Projects have life cycles. c) On most projects, conflict does not exist. d) Every project has some elements that are unique. 38. The term program refers to an exceptionally large, long-range objective that is broken down into a set of ________. a) Tasks b) Projects c) Subprojects d) Campaigns 39. The mission of the _________ is to foster the growth of project management and build professionalism in the field. e) Project Management Institute b) Manhattan Project c)Project Management Book of Knowledge d) ARPA.net 40. In general, projects today are getting smaller and smaller (True/False) 41. Because the customer is not a member of the performing organization, the customer isnot a stakeholder of the project. (True/False) 42. The pattern of progress observed in every project lifecycle can be explained by the S-curve that exhibits a cumulative pattern of slow-rapid-slow progress. (True/False) 43. The conventional project lifecycle can be described as a pattern of cumulative progress that is slow-rapid-slow progress. (True/False) 44. Project management provides an organization with powerful tools that improve its ability to plan, implement, and control its activities. (True/False) 45. Earned value is based on the concept that the percentage of project completion is closely correlated with cost or with the use of resources (True/False) 46. In a conventional project lifecycle, as work progresses uncertainty about the expected outcome should increase (True/False).
1. What are the constraints in projects and what is the role of each constraint. 2. What do you mean by Network analysis? Explain with examples. 3. What is Project Evaluation? Explain with Examples. 4. What is project computerization? Explain with examples. 5. What do you mean by ADM and PDM explain with examples. 6. What you understand by project procurement? What are the different contract types in project management? Discuss 7. What do you mean by codification of materials or components, and how it is helpful in projects? Explain with example. 8. Explain the following with formulas (any 6) a) Planned Value b) Earned Value c) Schedule performance Index d) Estimated time to completion e) Cost performance Index f) Actual cost of work performed g) Estimated cost to completion 9. What do you mean by Resource Leveling explain with example. 10. What is the difference between Heuristic and Optimization approach in Resource scheduling? 11. What do you understand by project control cycle? Explain each phase. 12. What do you mean by millstone analysis? Explain with examples. 13. What do you mean by ADM and PDM explain with examples. 14. List and explain the critical success factors for successful project implementation.
1. Develop a clean Network Diagram and calculate the critical path. Also calculate the expected project completion time and project variance. Event ID Pred. Description Time (Wks) A None Preliminary Invest 1 B A Technical Feasibility 6 C A Documentation 3 D B Approval 2 E D Design 3 F C Develop 4 G E,F Deploy 1
2. Calculate the last crash point. And if customer is willing to pay Rs 2000 per day saved, so how much profit can be generated after crashing. (For critical path refer the figure below) ABC is critical path=30 Crash cost per week (Rs) Crash wks avail A 500 2 B 800 3 C 5,000 2 D 1,100 2
3. What do you understand by work breakdown structure (WBS)? What are the different approaches to develop the WBS, explain with WBS structure. Explain the WBS dictionary and scope baseline.
4. Your organization got a project of installation of new molding plant for HULs Fair & Lovely empty tubes manufacturing. As a project manager how you will start working on project, till its handover to HUL Explain in detail. Also explain which tools and techniques how these can help you at different stages of projects.
5. Calculate the activity variance & activity duration for each task.
Task Predecessor a m b Z -- 7 8 15 Y Z 13 16 19 X Z 14 18 22 W Y, X 12 14 16 V W 1 4 13 T W 6 10 14 S T, V 11 14 19
6. Calculate the critical path and total duration of completion of the project