Name: _______________________________

Roll No.: _____________

PROJECT MANAGEMENT TEST Fall 2012 (24-09-2012)

Part A
MCQ

Give reasons for your choice.

Which of the following cannot be identified after performing a forward and backward pass?
A. Dummy activities
B. Slack time
C. Critical path activities
D. How much overtime is planned

The shortest time necessary to complete all of the activities in a network is called the:
A. Activity duration length
B. Maximum slack path
C. Critical path
D. Compression path

3.

The major disadvantage of using bar charts to manage a project is that bar charts:
A. Are ineffective for projects under one year in length
B. Are ineffective for projects under $1 million in size
C. Do not identify start and end dates of a schedule
D. Do not show dependencies between activities

4.

Activities with no time duration are called:

A. Reserve activities
B. Zero slack activities
C. Dummy activities
D. Supervision activities

5.

Optimistic, pessimistic, and most likely activity times are associated with:
A. GERT
B. PDM
C. ADM
D. PERT

6.

The most common constraint or relationship in a precedence network is:

A. Start-to-Start
B. Start-to-finish
C. Finish-to-start
D. Finish-to-finish

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7.

If an activity on the critical path takes longer than anticipated, then:

A. Activities not on the critical path have less slack.
B. Additional critical path activities will appear.
C. None of the above
D. Activities not on the critical path have additional slack.

8.

You have an activity where the early start is week 6, the early finish is wee 10, the latest start is week
14, and the latest finish is week 18. The slack in this activity is:
A. 4 weeks
B. 6 weeks
C. 8 weeks
D. 18 weeks

9.

If a worker earn $30 per hour in salary but the project is charged $75 per hour for each hour the
individual works, then the overhead rate is:
A. 100%
B. 250%
C. None of the above
D. 150%

10.

If BCWS = 1000, BCWP = 1200, and ACWP = 1300, the project is:
A. Ahead schedule and under budget
B. Behind schedule and over budget
C. Ahead of schedule and over budget
D. Behind schedule and under budget

11.

If BAC = $20,000 and the project is 40 percent complete, then the earned value is:
A. $5000
B. $20,000
C. Cannot be determined
D. $8000

12.

In BAC = $12,000 and CPI = 1.2, then the variance at completion is:
A. -$2000
B. -$3000
C. +$2000
D. +$3000

13.

If BAC for a work package is $10,000 and BCWP = $4,000, then the work package is:
A. 80 percent complete
B. 100 percent complete
C. 120 percent complete
D. 40 percent complete

14.

If CPI = 1.1 and SPI = 0.95, then the trend for the project is:
A. Running over budget but ahead of schedule
B. Running over budget but behind schedule
C. Running under budget but behind schedule
D. Running under budget but ahead of schedule

15.

If BAC = $24,000, BCWP = 12,000, ACWP = $10,000, and CPI = 1.2, then the cost that remains to
finish the project is:
A. $12,000
B. $14,000
C. Cannot be determined
D. $10,000

16.

When a project is completed, which of the following must be true?

A. BAC = ACWP
B. ACWP = BCWP
C. SV = 0
D. BAC = ETC

17.

A project was originally scheduled for 20 months. If CPI is 1.25, then the new schedule date is:
A. 16 months
B. 20 months
C. 25 months
D. Cannot be determined

18.

The first step in the development of a schedule is a:

A. Determination of dependencies
B. Calculation of effort
C. Listing of the activities
D. Calculation of durations
The triple constraints on a project are:
A. Time, cost, and profitability
B. Resources required, sponsorship involvement, and funding
C. Calendar dates, facilities available, and funding
D. Time, cost, and quality and/or scope

19.

20.

Which of the following is not part of the definition of a project?

A. Constraints
B. Consumption of resources
C. Repetitive activities
D. A well-defined objective

21.

The person responsible for assigning the resources to a project is most often:
A. The project management
B. The Human Resources Department
C. The executive sponsor
D. The line manager

22.

Projects that remain almost entirely within one functional area are best managed by the:
A. Project manager
B. Project sponsor
C. Functional manager
D. Assigned functional employees

23.

A grouping of projects is called a:

A. Project template
B. Business template
C. Business plan
D. Program

24.

The most difficult decision for an executive sponsor to make at the end-of-phase review meeting is to:
A. Allow the project to proceed to the next phase based upon the original objective
B. Allow the project to proceed to the next phase based upon a revised objective
C. Cancel the project
D. Postpone making a decision until more information is processed

25.

In which organizational form is it most difficult to integrate project activities?

A. Projectized
B. Strong matrix
C. Weak matrix
D. Classical/traditional

26.

In which organizational form would the project manager possess the greatest amount of authority?
A. Classical/traditional
B. Strong matrix
C. Projectized
D. Weak matrix

27.

Most people believe that the best way to train someone in project management is through:
A. University seminars
B. Graduate degrees in project management
C. Professional seminars and meeting
D. On-the-job training

28.

As a project begins to wind down, the project manager should:

A. Wait until the project is officially completed before releasing anyone
B. Wait until the line manager officially requests that the people be released
C. Release all nonessential personnel so that they can be assigned to other projects
D. Talk to other project managers to see who wants your people

29.

Which form of power do project managers that have a command of technology and are leading R&D
projects most frequently use?
A. Reward power
B. Legitimate power
C. Referent power
D. Expert power

30.

Most project managers are motivated by which level of Maslows hierarchy of human needs?
A. Safety
B. Socialization
C. Self-actualization
D. Self-esteem

Part B

Q1

10

The questions given can be answered by one and only one of the terms in the choices given
below. Fill in the blank with correct term.

i) What is the revised estimate for the final cost at the completion of the project? __EAC__

ii)

iii)

How much money was expended thus far? AC (ACWP)__

How much physical work was actually accomplished thus far? __EV (BCWP)___

iv) How much money was originally budgeted? __BAC (BCWS)___

v)

From where we are today, how much money is needed to complete the work? _ETC___

vi)

By how much have we deviated from the schedule baseline, favourably of unfavourably?

vii) By whom much have we deviated from the cost baseline, favourably or unfavourably?

CV__

SV__

viii) What is the planned cost or value of the work accomplished thus far? _PV (BCWS)__

Options are: BCWS, ACWP, BAC, SV, CV, ETC, BCWP, EAC

Q2

Fill in the blanks

Activity
A.
B.
C.
D.
E.
Totals

BCWS
100

110

BCWP
100
200

ACWP
150

SV

CV

00

-50

90
-100

100

350
400
175

250
300

200
150
350

-100

-50

200

150

25

50

1135

1050

1,000

-85

50

10

Q3

Activity

Immediate
predecessor

A
B
C
D
E
F
G
H
I

A
A
B
C
D, F
G
E, H

Optimistic
time
A
4
1
2
3
7
1
1
6
1

Most
Likely
time m
5
3
2
4
8
2
1
6
2

Pessimistic
time
b
6*
5
2*
5
15
3*
1*
12*
3*

4/36
0
4/36
0
36/36
4/36

48/36 = 4/3 = 1.333 = 1.155

a. Determine the Critical Path and show the network on Gantt Chart.
b. What is the probability the project will be completed within eighteen days and more than twenty
days?

Two Critical Paths: ACFGHI, ADGHI

Z1 = (18-19)/ 1.155 = - 0.87
Approximately 19%
Z2 = (20-19)/ 1.155 = 0.87
Approximately 19%

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LIST OF USEFUL FORMULAS:

CV= BCWP ACWP

SV= BCWP BCWS

CPI= BCWP/ ACWP

SPI= BCWP/ BCWS

% COMPLETE = BCWP / BAC

EAC= ACWP/BCWP x BAC = BAC/CPI

% MONEY SPENT = ACWP / BCWS

VAC = BAC - EAC