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Question 6

Examvne the fgure gvien belown

If Activty B takes evght days to complete vnstead of fie days as schedule, how long can you now delay Activty H?

1. Three days

2. One day

3. Four days

4. Zero days

Aoswern B

Explanatonn

Activty B vs not on the crvtcal path and vt has a total of four days of foat. If Activty B takes a total of evght days, vt wvll consume three days of foat. Howeier, the total duraton of the path ABEHJ may not exceed 26 days, as thvs vs the total duraton for the project. Although Activty H has a total of four days of foat aiavlable, the consumpton of three days of foat on thvs path wvll reduce the total foat for Activty H to just one day. If Activty H vs delayed by more than one day, then the project wvll be late. Answer opton D vs vncorrect. There vs one day of foat stll aiavlable for Activty H. Answer optons A and C are vncorrect. These are not the ialvd answers, as there vs just one day of foat aiavlable for Activty H.

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Question 20

You are the project manager for your organvzaton. You haie recorded the followvng duraton estmates for an activty vn your projectn optmvstc 20, most lvkely 45, pessvmvstc 90. What tme wvll you record for thvs activty?

1. 48

2. 20o, 45m, 90p

3. 90

4. 45

Aoswern A

Explanatonn

Thvs vs an example of a three-povnt estmate. A three-povnt estmate records the optmvstc, most lvkely, and the pessvmvstc duraton, and then records an aierage for the predvcted duraton Three-povnt estmate vs a way to enhance the accuracy of activty duraton estmates. Thvs concept vs orvgvnated wvth the Program Eialuaton and Reivew Technvque (PERT). PERT charts the followvng three estmatesn

Most lvkely (TM)n The duraton of activty based on realvstc factors such as resources assvgned, vnterruptons, etc. Optmvstc (TO)n The activty duraton based on the best-case scenarvo Pessvmvstc (TP)n The activty duraton based on the worst-case scenarvo The expected (TE) activty duraton vs a wevghted aierage of these three estmatesn TE = (TO + 4TM + TP) / 6 Duraton estmates based on the aboie equatons (sometmes svmple aierage of the three estmates vs also used) proivde more accuracy. It can be calculated as followsn TE = ( 20 + 45*4 + 90) / 6 = 290/6 =48 Answer optons B, C, and D are vncorrect. These are not the ialvd answers for thvs queston.

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Question 18

You are the project manager of the HQQ Project. Your project vs runnvng late by ten percent of where you should be at thvs tme. Management vs concerned. Consvdervng that the project has a BAC of $567,899, you are thvrty percent complete, and you haie spent $179,450. What vs thvs project’s to-complete performance vndex based on the current BAC?

1. 1.02

2. 0.010

3. 0.75

4. 0.95

Aoswern A

  • Explanatonn Thvs project vs not performvng well on schedule, but moderately well on costs. The project’s TCPI based on the current BAC vs 1.02. To-complete Performance Index (TCPI) vs the measured projecton of the antcvpated performance requvred to achveie evther the BAC or the EATCPI vndvcates the future requvred cost efcvency needed to achveie a target EAC (Estmate At Complete).Once approied, the EAC supersedes the BAC as the cost performance goal. Any svgnvfcant dvference between TCPI and the CPI needed to meet the EAC should be accounted for by management vn thevr forecast of the fnal cost. The formula for TCPI vs as followsn TCPI = {(BAC-EV)/(BAC-AC)} Answer opton D vs vncorrect. 0.95 vs the project’s TCPI ialue based on the estmate at completon. Answer opton C vs vncorrect. 0.75 vs the project’s schedule performance vndex. Answer opton B vs vncorrect. 0.010 vs not a ialvd calculaton.
  • Question 1

    Once the project’s WBS has been created what process may happen next?

    1. Estmate activty resources

    2. Defne activtes

    3. Estmate activty duratons

    4. Sequence activtes

    Aoswern B

    Explanatonn

    The defne activtes process vs the process that may begvn once the project’s WBS has been completed and approied. It vs possvble, vn some projects, to complete the WBS and the activty lvst at the same tme. Answer opton D vs vncorrect. Sequencvng the activtes cannot happen untl the activty lvst has been created. Answer opton A vs vncorrect. Estmatng activty resources vs dependent on the activty lvst, so thvs chovce vs not ialvd. Answer opton C vs vncorrect. Estmate activty duratons are dependent on the activty lvst, so thvs chovce vs not ialvd.