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SEGMENT 5 QUIZ: Constructing a Network Chart - SCHEDULE MANAGEMENT
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Questions in this quiz (24)
11. On an AOA diagram, the arrow between nodes represents:
- Aa. An activity.
- Bb. A constraint.
- Cc. An event.
- Dd. The critical path.
22. What type of contract is the most appropriate for a research and development project?
- Aa. Firm fixed price.
- Bb. Cost reimbursable.
- Cc. Time & materials.
- D. d. Fixed price plus incentive.
33. Events that are a part of activity sequencing for scheduling purposes, but have no duration, are:
- ACritical path activities
- BMilestones.
- CDummy activities
- DWork packages
44. A cost-plus-incentive fee contract provides a target cost of $1.2 million, target fee of $120,000 with a minimum fee of $60,000 and maximum of $200,000. The share ratio is 75/25. What would the fee be if costs are $995,000?
- A$51,250
- B$153,750.
- C$171,250
- D$200,000.
55. A network diagram may include one or more summary activities, known as:
- AHangers.
- BSubnetworks
- CHammocks
- DFragnets
66. How many processes are in the procurement knowledge area
- A4
- B5
- C6
- D7
7What is the point of total assumption for a contract having these parameters?
Target cost = $297,000 Ceiling price = $387,659
Target profit = $40,095 Share ratio (over-run) = 80/20- A$360,205
- B$708,790.
- C$410,324.
- D$410,765
8A cost-plus-incentive fee contract provides a target cost of $1.2 million, target fee of $120,000 with a minimum fee of $60,000 and maximum of $200,000. The share ratio is 75/25. What is the fee if costs are $1.45 million?
- A$60,000
- B$62,500
- C$57,500
- D$200,000
99. When would it be appropriate to incorporate a subnetwork into the project plans?
- AYou need to roll up detail costs into a summary activity. The subnetwork becomes the summary.
- BThe project is internally repetitious
- CYou are using Graphical Evaluation and Review Technique (GERT) for conditional diagramming.
- DTo obtain more detailed critical path data.
1010. PTA refers to:
- AAn association concerned with elementary education.
- BThe price of a contract above which the contractor assumes full liability.
- CThe point of a cost-plus contract above which the contractor assumes full liability.
- DThe cost point of a contract above which the contractor assumes full liability.
11Which of the following statements regarding discretionary dependencies is false?
- AThey give the project manager flexibility to honor the dependency or not, depending on available resources
- BPast experience of the project team indicate it is a 'best practice'
- CThey are sometimes called preferred logic, preferential/ logic, and soft logic
- DThey may limit later scheduling options
12In which of these projects might a rolling wave plan be appropriate?
- ADevelopment of a software accounting suite.
- BConstruction of an apartment complex
- CA space shuttle launch.
- DDevelopment of a new medication for arthritis
13Why do builders pour the foundation for a house before framing it?
- AIt is a 'best practice' of the construction industry
- BIt is a mandatory dependency.
- CIt is an external dependency
- DTo allow time for the cement to cure.
14Make-or-buy analysis is a tool and technique of the Plan Procurements process. It must be performed during what other process?
- AScope planning.
- BCreate WBS
- CDevelop project management plan
- DScope definition
15Decomposition is a technique of both scope and time knowledge areas. What is the difference?
- AThe decomposition in time knowledge area is more refined than that of scope.
- Bb. Scope decomposition is in preparation for budgeting, whereas time decomposition is related to scheduling.
- Cc. Scope decomposition deals with deliverables; time decomposition with work.
activities. - DScope decomposition is always performed. Time decomposition depends on the application area.
16What is the function of a dummy activity?
- AIt indicates an additional start-to-finish relationship
- Bb. It represents an external dependency
- Cc. A dummy activity is temporary 'make-work' for periods when other activities are delayed
- Dd. It indicates an additional finish-to-start relationship.
17A proofreader is keeping up with the author of a report. What is the logical relationship between these activities?
- AFinish-to-start.
- BFinish-to-finish.
- CStart-to-start.
- DStart-to-finish.
1818. The basis for compensation for a cost-plus contract is:
- ADirect costs.
- BIndirect costs.
- CDelivery of products
- DLabor hours and materials
1919. Activities have numerous characteristics, including their identification, predecessors and successors, leads and lags, resource requirements, imposed dates, constraints and assumptions. More will be added over time, including specific assigned resources and durations. Where are these data maintained?
- AIn project management software
- BIn the WBS dictionary.
- CAs an extension to the WBS.
- DIn the activity list.
2020. One of the inputs to the Sequence Activities process is the Activity List. Where does that list originate?
- AIt is in the project charter.
- Bb. The Define Scope process.
- Cc. The activity list is an adjunct to the Work Breakdown Structure.
- Dd. The Define Activities process.
2121. Differences between precedence and arrow diagrams are all the following EXCEPT:
- Aa. Precedence diagrams allow more complex dependencies.
- Bb. Precedence diagrams may have dummy activities.
- Cc. Arrow diagram show activities on arrows, while precedence diagrams show activities on nodes
- DArrow diagram may have dummy activities.
2222. In an ADM network, common relationships include:
- Aa. Start-to-start.
- BFinish-to-start.
- CFinish-to-finish
- DStart-to-finish.
2323. You are responsible for a section of highway which may, or may not, include a new overpass, depending on further appropriation that will not be completed until work is under way. A diagramming method that enables you to include the option is:
- AGERT
- BAON
- CADM
- DAOA
2424. A firm fixed price contract is usually deemed to be risky for a contractor, because there is no potential for increasing the price even if unexpected problems arise. Why then would a contractor ever enter into such a contract?
- AIf the contractor is efficient, a fixed-price contract has great profit potential.
- BIn fact the contract price can be changed, and usually is, through change orders.
- CA fixed-price contract can be a loss leader, giving the contractor the inside track for more lucrative follow-on work.
- DWhen work is scarce, contractors would rather take jobs that lose money than save no work at all.
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- PMP Project Management Quiz on SEGMENT 5 QUIZ: Constructing a Network Chart - SCHEDULE MANAGEMENT, created by brandon mayo on 09/10/2017.
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- brandon mayo
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