1. A project was originally scheduled for 20 months. If CPI at week 8 is 1.25, then the new schedule date is: a) 16 months b) 25 months c) 24 months d) Cannot be determined 2. You have an activity where the early start is week 6, the early finish is week 10, the latest start is week 14 and the latest finish is week 18. The total float in this activity is: a) 0 weeks b) 4 weeks c) 8 weeks d) 18 weeks 3. Please consider the following project: Activity A B C D Optimistic 6 8 4 6 Time estimates Most Likely Pessimistic 10 14 9 13 12 20 8 10 Which of the following statements is true? a) The expected time for activity C is 10. b) The variance for activity B is 1.36. c) The largest expected time occurs for activity B. d) The largest variance is for activity C. Predecessors A A B,C 4. Which of the following risk events is MOST likely to interfere with attaining a project’s schedule objective? a) Delays in obtaining required approvals b) Substantial increases in the cost of purchased materials c) Contract disputed that generate claims for increased payments d) Delay of the planned post-implementation review meeting 5. John has a gross salary of 1200€/month and a net salary of 1000€/month. He works 22 days per month, 8 hours per day and is paid 14 months per year. John has one month of vacations per year. An estimate of the cost per hour of John is: a) ≈ 7€ b) ≈ 9€ c) ≈ 15€ d) ≈ 17€ 6. Which of the following is the most important skill for a project manager: a) Having an international certification in project management b) Having expertise in MS Project c) Having the ability to lead d) Having risk aversion 7. The duration of a project is determined by: a) The sum of the duration of all activities b) The sum of the duration of all critical activities c) The sum of the duration of all activities with a float higher than zero d) None of the above 8. Which of the following is not a commonly used technique for schedule compression? a) Resource reduction b) Reducing scope c) Crashing d) Use of overtime 9. One of your contractors has called you requesting that they be allowed to conduct only six tests rather than the ten tests required by the specification. What should the project manager do first? a) Change the scope baseline b) Ask the contractor to write a formal change request c) Ask your sponsor for his or her opinion d) Look at the penalty clauses in the contract 10. Management reserves are created for what? a) To deal with the known unknowns risks b) To deal with the unknown unknowns risks c) To funding project management d) To deal with the floats 11. The set of projects that contribute to the strategic business objectives is called: a) Program b) Business Plan c) Portfolio d) Project Management Office (PMO) 12. Lag means: a) The amount of time an activity can be delayed without delaying the project finish date b) The amount of time an activity can be delayed without delaying the early start date of its successor c) Waiting time d) The product of a forward and backward pass 13. Which of the following BEST describes the relationship between standard deviation and risk? a) Nothing b) Standard deviation tells you how unsure the estimate is c) Standard deviation tells you if the estimate is accurate d) Standard deviation tells you if the estimate includes a pad 14. Your project management plan results in a project schedule that is too long. If the project network diagram cannot change but you have extra personnel resources, what is the BEST thing to do? a) Crash the project b) Level the resources c) Fast track the project d) Monte Carlo analysis 15. Going from Level 3 to Level 4 in the work breakdown structure can result in: a) Less estimating accuracy b) Better control of the project c) Lower status reporting costs d) A greater likelihood that something will fall through the cracks 16.Which of the following is a good objective? a) Construct a building b) Implement a new telecommunication system c) Lay 200 bricks by tomorrow d) Develop a program for proving network maintenance 17. During project planning in a matrix organization, the project manager determines that additional human resources are needed. From whom would he request these resources? a) Project manager b) Functional manager c) Project customer d) Project sponsor 18. A contingency plan___________. a) identifies alternative strategies to be used to ensure project success if a specified risk event occurs b) is a work around c) is part of the management reserve d) is the same as a fallback plan 19. What is the document that gives the PM the authority to apply organizational resources? a) WBS b) Resource Assignment Matrix c) Statement of Work d) Project Charter 20. The ___________ theory is a method to determine the amount of risk management will tolerate on a project. a) Probability b) Monte Carlo c) Delphi d) Utility 21. A project manager for a small construction company has a project that was budgeted for €130,000 over a six-week period. According to its progress, the project should have cost €60,000 to date. However, it has cost €90,000 to date. Which of the following is true about this project: a) The project is behind schedule b) The project has a PV=€60,000 and a EV=€90,000 c) The project has a EV=€60,000 and a AC=€90,000 d) The SPI is 0.67 22. A project manager is finalizing a project that has had repeated problems with cost conformance. He is concerned about what management will say. Which of the following types of information would be BEST for the project manager to use to evaluate performance? a) The CPI b) A list of complaints from senior management c) The last Gantt chart d) The project budget 23 1. The Sunshine Fraternity wants to build and enter an outstanding carnival car in the annual parade. There are a number of activities required. Activity A is to file the paperwork to get the permit. Activity B is to buy all the supplies; C is to rent, outfit, and check out a flatbed truck; D is to obtain the permit itself; E is to make thousands of “flowers” from crepe paper; F is to erect chicken wire superstructures on the truck to hold the flowers; and G is to train the driver (and watch his sobriety). Activity H is to attach all the flowers to the chicken wire, and I is final rehearsal. The resulting problem input data is shown in the following table A) Prepare an AON for this project B) Apply the critical path method to calculate ES, EF, LS, and LF and the total float for each activity C) Determine the critical path and the project duration D) Draw the GANTT chart E) Because of the driver was not in good shape ( sober), you had to find another driver to replace him after the first hour of training. It took 4hours to find another and restart the training. By how much will the project be delayed? If you use a trained driver, which reduces the training time from 10 to 5 hours, will the project still be delayed? 24. You are given the following data about the project tasks, predecessors, and crash times/costs. Predecessors A B C D E F G A A B C E D; F Normal Time Cost Crash Time Cost (weeks) (weeks) 3 5 6 6 3 5 3 2500€ 1200€ 3600€ 3000€ 1000€ 2400€ 700€ 2 3 3 4 2 4 3 3000€ 4400€ 5400€ 6600€ 1400€ 4400€ 700€ Maximum Crash Time (weeks) 1 2 3 2 1 1 0 According to the contract, there is a penalty payment of 2000€ per week for every week over 15. If you were the project manager of this project, in how many weeks will you plan to complete the project? (2 points) a) 15 weeks, with a total cost of 17100€ b) 15 weeks, with a total cost of 18700€ c) 16 weeks, with a total cost of 18500€ d) 20 weeks, with a total cost of 14400€ 25. Develop the schedule of the following project, whose goal is to perform the implementation of a new inventory management application. The new application should Go-Live on September 24, 2018. Indicate the Latest Start Date of the project, the project duration, critical tasks and floats. (3 points) Dur. (weeks) Activity A Project Management Prec. 1 - A B C D E F G 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Processes Redesign B Gather information about the organization 2 -- C Develop the process maps 2 B D List the necessary modifications 1 C E Develop new process maps with the modifications 2 D F Specify the new environment in detail 1 E G New processes maps and specifications approved 0 F Hardware (HW) and software (SW) Installation H Train technical managers of the operating system 2 -- I Set security policies and management and operations procedures 1 -- J Management and operational structure ready and approved 0 I K Install HW and SW 1 -- L Test the installation 1 H; K M Application ready for implementation 0 J; L H I J K L M Implementation of the Inventory Management Application N Parameterize the application 1 G; M O Perform data loading for the pilot project 2 M O (SS=1) P Define and create user profiles 2 Q Train users 1 P R Perform tests 2 N; O S Make the necessary adjustments 1 R T Obtain test's approval 1 S 0 Q; T U Go-Live Week Monday Week Monday N O P Q R S T U 2018 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 02-Apr 09-Apr 16-Apr 23-Apr 30-Apr 07-May 14-May 21-May 28-May 04-Jun 11-Jun 18-Jun 25-Jun 02-Jul 09-Jul 16-Jul 31 23-Jul 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 30-Jul 06-Aug 13-Aug 20-Aug 27-Aug 03-Sep 10-Sep 17-Sep 24-Sep 01-Oct 08-Oct 15-Oct 22-Oct 29-Oct 05-Nov Project Duration: ____________________ Latest Start Date: ____________________ Critical Tasks: _________________________________________ Resolução 1. A project was originally scheduled for 20 months. If CPI at week 8 is 1.25, then the new schedule date is: a) 16 months b) 25 months c) 24 months d) Cannot be determined 2. You have an activity where the early start is week 6, the early finish is week 10, the latest start is week 14 and the latest finish is week 18. The total float in this activity is: a) 0 weeks b) 4 weeks c) 8 weeks d) 18 weeks 3. Please consider the following project: Activity A B C D Optimistic 6 8 4 6 Time estimates Most Likely Pessimistic 10 14 9 13 12 20 8 10 Which of the following statements is true? a) The expected time for activity C is 10. b) The variance for activity B is 1.36. c) The largest expected time occurs for activity B. d) The largest variance is for activity C. Predecessors A A B,C 4. Which of the following risk events is MOST likely to interfere with attaining a project’s schedule objective? a) Delays in obtaining required approvals b) Substantial increases in the cost of purchased materials c) Contract disputed that generate claims for increased payments d) Delay of the planned post-implementation review meeting 5. John has a gross salary of 1200€/month and a net salary of 1000€/month. He works 22 days per month, 8 hours per day and is paid 14 months per year. John has one month of vacations per year. An estimate of the cost per hour of John is: a) ≈ 7€ b) ≈ 9€ 17 =1200*14/11/22/8 * 2 c) ≈ 15€ ( “x2” support overhead costs ) d) ≈ 17€ 6. Which of the following is the most important skill for a project manager: a) Having an international certification in project management b) Having expertise in MS Project c) Having the ability to lead d) Having risk aversion 7. The duration of a project is determined by: a) The sum of the duration of all activities b) The sum of the duration of all critical activities c) The sum of the duration of all activities with a float higher than zero d) None of the above 8. Which of the following is not a commonly used technique for schedule compression? a) Resource reduction b) Reducing scope c) Crashing d) Use of overtime 9. One of your contractors has called you requesting that they be allowed to conduct only six tests rather than the ten tests required by the specification. What should the project manager do first? a) Change the scope baseline b) Ask the contractor to write a formal change request c) Ask your sponsor for his or her opinion d) Look at the penalty clauses in the contract 10. Management reserves are created for what? a) To deal with the known unknowns risks b) To deal with the unknown unknowns risks c) To funding project management d) To deal with the floats 11. The set of projects that contribute to the strategic business objectives is called: a) Program b) Business Plan c) Portfolio d) Project Management Office (PMO) 12. Lag means: a) The amount of time an activity can be delayed without delaying the project finish date b) The amount of time an activity can be delayed without delaying the early start date of its successor c) Waiting time d) The product of a forward and backward pass 13. Which of the following BEST describes the relationship between standard deviation and risk? a) Nothing b) Standard deviation tells you how unsure the estimate is c) Standard deviation tells you if the estimate is accurate d) Standard deviation tells you if the estimate includes a pad 14. Your project management plan results in a project schedule that is too long. If the project network diagram cannot change but you have extra personnel resources, what is the BEST thing to do? a) Crash the project b) Level the resources c) Fast track the project d) Monte Carlo analysis 15. Going from Level 3 to Level 4 in the work breakdown structure can result in: a) Less estimating accuracy b) Better control of the project c) Lower status reporting costs d) A greater likelihood that something will fall through the cracks 16.Which of the following is a good objective? a) Construct a building b) Implement a new telecommunication system c) Lay 200 bricks by tomorrow d) Develop a program for proving network maintenance 17. During project planning in a matrix organization, the project manager determines that additional human resources are needed. From whom would he request these resources? a) Project manager b) Functional manager c) Project customer d) Project sponsor 18. A contingency plan___________. a) identifies alternative strategies to be used to ensure project success if a specified risk event occurs b) is a work around c) is part of the management reserve d) is the same as a fallback plan 19. What is the document that gives the PM the authority to apply organizational resources? a) WBS b) Resource Assignment Matrix c) Statement of Work d) Project Charter 20. The ___________ theory is a method to determine the amount of risk management will tolerate on a project. a) Probability b) Monte Carlo c) Delphi d) Utility 21. A project manager for a small construction company has a project that was budgeted for €130,000 over a six-week period. According to its progress, the project should have cost €60,000 to date. However, it has cost €90,000 to date. Which of the following is true about this project: a) The project is behind schedule b) The project has a PV=€60,000 and a EV=€90,000 c) The project has a EV=€60,000 and a AC=€90,000 d) The SPI is 0.67 22. A project manager is finalizing a project that has had repeated problems with cost conformance. He is concerned about what management will say. Which of the following types of information would be BEST for the project manager to use to evaluate performance? a) The CPI b) A list of complaints from senior management c) The last Gantt chart d) The project budget 23 1. The Sunshine Fraternity wants to build and enter an outstanding carnival car in the annual parade. There are a number of activities required. Activity A is to file the paperwork to get the permit. Activity B is to buy all the supplies; C is to rent, outfit, and check out a flatbed truck; D is to obtain the permit itself; E is to make thousands of “flowers” from crepe paper; F is to erect chicken wire superstructures on the truck to hold the flowers; and G is to train the driver (and watch his sobriety). Activity H is to attach all the flowers to the chicken wire, and I is final rehearsal. The resulting problem input data is shown in the following table A) Prepare an AON for this project B) Apply the critical path method to calculate ES, EF, LS, and LF and the total float for each activity C) Determine the critical path and the project duration D) Draw the GANTT chart E) Because of the driver was not in good shape ( sober), you had to find another driver to replace him after the first hour of training. It took 4hours to find another and restart the training. By how much will the project be delayed? If you use a trained driver, which reduces the training time from 10 to 5 hours, will the project still be delayed? 23 1. The Sunshine Fraternity wants to build and enter an outstanding carnival car in the annual parade. There are a number of activities required. Activity A is to file the paperwork to get the permit. Activity B is to buy all the supplies; C is to rent, outfit, and check out a flatbed truck; D is to obtain the permit itself; E is to make thousands of “flowers” from crepe paper; F is to erect chicken wire superstructures on the truck to hold the flowers; and G is to train the driver (and watch his sobriety). Activity H is to attach all the flowers to the chicken wire, and I is final rehearsal. The resulting problem input data is shown in the following table a) AON A) Prepare an AON for this project B) Apply the critical path method to calculate ES, EF, LS, and LF and the total float for each activity C) Determine the critical path and the project duration D) Draw the GANTT chart E) Because of the driver was not in good shape ( sober), you had to find another driver to replace him after the first hour of training. It took 4hours to find another and restart the training. By how much will the project be delayed? If you use a trained driver, which reduces the training time from 10 to 5 hours, will the project still be delayed? b) Apply the critical path method to calculate ES, EF, LS, and LF and the total float for each activity c) Determine the critical path and the project duration d) Draw the GANTT chart e) Because the driver was not in good shape ( not sober), you had to find another driver to replace him after the first hour of training. It took 4 hours to find another and restart the training. 1) By how much will the project be delayed? 2) If you use a trained driver, which reduces the training time from 10 to 5 hours, will the project still be delayed ? D1) G is on the critical path, therefore the duration of G is now 1+4+10 = 15hours. It delay the project by 5 hrs. D2) With a new trained driver , the duration of G is now 1+4+5 = 10hours. The project duration is not impacted. 24. You are given the following data about the project tasks, predecessors, and crash times/costs. Predecessors A B C D E F G A A B C E D; F Normal Time Cost Crash Time Cost (weeks) (weeks) 3 5 6 6 3 5 3 2500€ 1200€ 3600€ 3000€ 1000€ 2400€ 700€ 2 3 3 4 2 4 3 3000€ 4400€ 5400€ 6600€ 1400€ 4400€ 700€ Maximum Crash Time (weeks) 1 2 3 2 1 1 0 According to the contract, there is a penalty payment of 2000€ per week for every week over 15. If you were the project manager of this project, in how many weeks will you plan to complete the project? (2 points) a) 15 weeks, with a total cost of 17100€ b) 15 weeks, with a total cost of 18700€ c) 16 weeks, with a total cost of 18500€ d) 20 weeks, with a total cost of 14400€ 25. You are given the following data about the project tasks, predecessors, and crash times/costs. Predecessors A B C D E F G A A B C E D; F Normal Time Cost Time (weeks) (weeks) 3 5 6 6 3 5 3 2500€ 1200€ 3600€ 3000€ 1000€ 2400€ 700€ Cost Crash cost per week 3000€ 4400€ 5400€ 6600€ 1400€ 4400€ 700€ 500€ 1600€ 600€ 1800€ 400€ 2000€ -- Crash 2 3 3 4 2 4 3 (weeks) 1 2 3 2 1 1 0 D,6 1650 B,5 1600 A,3 500 600 C,6 E,3 F,5 400 2000 Maximum Crash Time G,3 • • • Crash E: 400€ (1 week) Crash A: 500€ (1 week) Crash C: 1200€ (2 weeks) • Total Cost = 14400 (normal) + 2100 (crash) + 2000 (penalty) = 18500€ . Doesn’t pay off to reduce task B+C (2200 vs 2000) 25. Develop the schedule of the following project, whose goal is to perform the implementation of a new inventory management application. The new application should Go-Live on September 24, 2018. Indicate the Latest Start Date of the project, the project duration, critical tasks and floats. (3 points) Dur. (weeks) Activity A Project Management Prec. 1 - A B C D E F G 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Processes Redesign B Gather information about the organization 2 -- C Develop the process maps 2 B D List the necessary modifications 1 C E Develop new process maps with the modifications 2 D F Specify the new environment in detail 1 E G New processes maps and specifications approved 0 F Hardware (HW) and software (SW) Installation H Train technical managers of the operating system 2 -- I Set security policies and management and operations procedures 1 -- J Management and operational structure ready and approved 0 I K Install HW and SW 1 -- L Test the installation 1 H; K M Application ready for implementation 0 J; L H I J K L M Implementation of the Inventory Management Application N Parameterize the application 1 G; M O Perform data loading for the pilot project 2 M O (SS=1) P Define and create user profiles 2 Q Train users 1 P R Perform tests 2 N; O S Make the necessary adjustments 1 R T Obtain test's approval 1 S 0 Q; T U Go-Live Week Monday Week Monday N O P Q R S T U 2018 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 02-Apr 09-Apr 16-Apr 23-Apr 30-Apr 07-May 14-May 21-May 28-May 04-Jun 11-Jun 18-Jun 25-Jun 02-Jul 09-Jul 16-Jul 31 23-Jul 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 30-Jul 06-Aug 13-Aug 20-Aug 27-Aug 03-Sep 10-Sep 17-Sep 24-Sep 01-Oct 08-Oct 15-Oct 22-Oct 29-Oct 05-Nov Project Duration: ____________________ Latest Start Date: ____________________ Critical Tasks: _________________________________________ 26. Develop the schedule of the following project, whose goal is to perform the implementation of a new inventory management application. The new application should Go-Live on September 24, 2018. Indicate the Latest Start Date of the project, the project duration, critical tasks and floats. (3 points) Activity Dur. (weeks) A Project Management Prec. 13 11 12 13 14 15 11 22 3 3 4 45 65 76 8 79 10 8 119 1210 - AA BB CC DD EE FF GG Processes Redesign B Gather information about the organization 2 -- C Develop the process maps 2 B D List the necessary modifications 1 C E Develop new process maps with the modifications 2 D F Specify the new environment in detail 1 E G New processes maps and specifications approved 0 F M Hardware (HW) and software (SW) Installation H Train technical managers of the operating system 2 -- I Set security policies and management and operations procedures 1 -- J Management and operational structure ready and approved 0 I K Install HW and SW 1 -- L Test the installation 1 H; K M Application ready for implementation 0 J; L HH II JJ M KK LL M M Implementation of the Inventory Management Application N Parameterize the application 1 G; M O Perform data loading for the pilot project 2 M O (SS=1) P Define and create user profiles 2 Q Train users 1 P R Perform tests 2 N; O S Make the necessary adjustments 1 R T Obtain test's approval 1 S 0 Q; T U2018 Go-Live Week Monday Week Monday NN OO PP QQ RR SS TT UU M 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 02-Apr 09-Apr 16-Apr 23-Apr 30-Apr 07-May 14-May 21-May 28-May 04-Jun 11-Jun 18-Jun 25-Jun 02-Jul 09-Jul 16-Jul 31 23-Jul 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 30-Jul 06-Aug 13-Aug 20-Aug 27-Aug 03-Sep 10-Sep 17-Sep 24-Sep 01-Oct 08-Oct 15-Oct 22-Oct 29-Oct 05-Nov Project Duration: __13 weeks__________________ Latest Start Date: ___25 June 2018_________________ Critical Tasks: ____B, C, D, E, F, N, R, S, T__ G and U are milestones, hence not part of the critical path._________________________________