Project Schedule Management: Quiz-6 Table of Contents Toggle Check All Published QuizzesQuiz on Project Schedule ManagementMajor Take Away Project Schedule ManagementDefining the ActivitiesSequencing the Activities Estimating the Resources Required Estimating the Time Required Developing the ScheduleControlling the ScheduleCheck other Quizzes on Project Schedule ManagementCheck Published Articles on Project Schedule Management Check All Published Quizzes Attempt Now Quiz on Project Schedule Management 1. Slack is a synonym for: Float Lag Buffer Reserve 2. What’s the correct order of the Project Schedule Management planning processes? Plan Schedule Management, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule Plan Schedule Management, Develop Schedule, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations Sequence Activities, Define Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule Plan Schedule Management, Define Activities, Sequence Activities, Develop Schedule, Estimate Activity Resources, Estimate Activity Durations 3. You’re managing a construction project. You’ve decomposed work packages into activities, and your client needs a duration estimate for each activity that you come up with. Which of the following will you use for this? Project schedule network diagram Critical path analysis Activity list Milestone list 4. You’re managing an interior decoration project when you find out that you need to get it done earlier than originally planned. You decide to fast-track the project. This means: Shortening the durations of the activities and asking people to work overtime to accommodate that Assigning more people to the tasks at a greater total cost, especially for activities on the critical path Starting activities earlier and overlapping them more, which will cost more and could add risks Starting the project sooner and working overtime 5. What is the float for activity F in the activity list to the right? 10 7 8 0 6. Which of the following is NOT a tool or technique used in Estimate Activity Durations? Analogous estimation SWAG estimation Parametric estimation Three-point estimation 7. Three members of your project team want to pad their estimates because they believe there are certain risks that might materialize. What is the BEST way to handle this situation? Tell the team members not to worry about it, and if the schedule is wrong it’s OK for the project to be late. Estimate the activities honestly, and then use a contingency reserve to cover any unexpected costs. Crash the schedule. Allow more time for the work by adding a buffer to every activity in the schedule. 8. You’re managing a software project. You’ve created the schedule, and you need to figure out which activities cannot slip. You’ve done critical path analysis, identifying the critical path and calculating the early start and early finish for each activity. Which activities cannot slip without making the project late? The ones with the biggest difference between ES and LF The activity with the most lag The activities on the critical path The last activity in the project, because it has no float 9. What is the critical path in the activity list to the right? Start-A-D-E-F-Finish Start-A-B-C-Finish Start-A-B-J-Finish Start-G-H-I-J-Finish 10. You’re managing a project to build a new project management information system. You work with the team to come up with an estimate of 27 weeks. In the best case, this could be shortened by two weeks because you can reuse a previous component. But there’s a risk that a vendor delay could cause the project to be delayed by five weeks. Use PERT to calculate a three-point estimate for this project. 28.3 weeks 26 weeks 25.83 weeks 27.5 weeks Time's up Check All Published Quizzes Attempt Now Major Take Away Project Schedule Management Defining the ActivitiesSequencing the Activities Estimating the Resources Required Estimating the Time Required Developing the ScheduleControlling the Schedule Check other Quizzes on Project Schedule Management Project Schedule Management: Quiz-7 Attempt Now Project Schedule Management: Quiz-6 Attempt Now Project Schedule Management: Quiz-5 Attempt Now Project Schedule Management: Quiz-4 Attempt Now Project Schedule Management: Quiz-3 Attempt Now Project Schedule Management: Quiz-2 Attempt Now Project Schedule Management: Quiz-1 Attempt Now Check Published Articles on Project Schedule Management Creating an Effective Schedule Baseline for Project Management Attempt Now Maximizing Efficiency: A Guide to Control Schedule Process in Project Management Attempt Now Project Management Best Practices: Develop Schedule Process Attempt Now The Role of Activity Duration Estimation in Successful Project Scheduling Attempt Now Mastering the Art of Sequence Activities in Project Schedule Management Attempt Now Define Activities in Project Schedule Management: A Step-by-Step Guide Attempt Now Plan Schedule Management Process; Importance, Steps, Tools & Techniques, Inputs & Outputs Attempt Now What is Project Schedule Management Plan? 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