BSAN562 Week3 Quiz 10/10

 Multiple Choice

1/1

Grade: 1 out of 1 point possible

Which project management technique uses a probability distribution to allow for variability in activity times?

1. PERT (Program Evaluation and Review Technique)

2. Gantt Chart Analysis

3. CPM (Critical Path Method)

4. Critical Path Scheduling

Question 2

2

Multiple Choice

1/1

Grade: 1 out of 1 point possible

In the context of project management, what does 'critical path' refer to?

1. The sequence of tasks that determines the minimum completion time of a project

2. The path with the least number of activities

3. The longest path that has the most resources

4. Tasks that can be delayed without affecting the project

Question 3

3

Multiple Choice

1/1

Grade: 1 out of 1 point possible

What is the primary purpose of a work breakdown structure (WBS)?

1. To break the project into manageable sections or tasks

2. To create a timeline for project activities

3. To assign team members to specific tasks

4. To calculate financial estimates for the project

Question 4

4

Multiple Choice

1/1

Grade: 1 out of 1 point possible

Who typically has the overall responsibility for successful project completion?

1. Team Leader

2. Financial Analyst

3. Project Manager

4. Quality Assurance Officer

Question 5

5

Multiple Choice

1/1

Grade: 1 out of 1 point possible

Which of the following is NOT a phase in project management?

1. Execution

2. Monitoring and Comparison

3. Controlling

4. Planning

Question 6

6

Multiple Choice

1/1

Grade: 1 out of 1 point possible

What does 'slack time' in project management refer to?

1. The extra work hours put in by the project team

2. The amount of time that a task can be delayed without affecting the project deadline

3. The time allocated for project meetings

4. The time wasted waiting for resources

Question 7

7

Multiple Choice

1/1

Grade: 1 out of 1 point possible

What characteristic best defines 'project'?

1. A continuous series of tasks

2. A temporary endeavor with a specific goal and outcome

3. A permanent operation without a specific goal

4. A repetitive process with no defined output

Question 8

8

Multiple Choice

1/1

Grade: 1 out of 1 point possible

Which software is commonly used for project management and scheduling?

1. Excel Spreadsheet

2. Microsoft Project

3. Photoshop

4. AutoCAD

Question 9

9

Multiple Choice

1/1

Grade: 1 out of 1 point possible

What does the acronym PERT stand for in project management?

1. Project Evaluation and Resource Technique

2. Program Evaluation and Review Technique

3. Program Evaluation and Resource Task

4. Project Execution and Review Technique

Question 10

10

Multiple Choice

1/1

Grade: 1 out of 1 point possible

In project management, what is project crashing?

1. Reducing the budget of the project

2. Extending the project timeline

3. Eliminating project tasks altogether

4. Shortening the duration of a project by speeding up tasks