Question 1

Which of the following is not one of the network rules for PERT/CPM?​
A) Networks start and finish at multiple events.
B) Identify each unique activity within a project by a capital letter that corresponds only to that activity.
C) Branch direction indicates the general progression in time from left to right.
D) When a number of activities end at one event, no activity starting at that event may begin before all activities ending at that event are complete.
E) Two or more activities cannot share graphically the same beginning and ending events.

Accepted Answer

PERT/CPM networks typically start and finish at a single event, not multiple events, to clearly define the beginning and end of a project.

Question 2

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.
A) process
B) work order
C) purchase order
D) project
E) team charter

Accepted Answer

This definition aligns with the characteristics of a project, which involves the completion of specific objectives within a given time frame, consumption of resources, and limited resources to work with. A process refers to a sequence of steps or procedures, while a work order or purchase order typically pertains to a specific task or transaction. A team charter outlines the purpose and goals of a team but does not necessarily involve a time-bound series of tasks.

Question 3

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.
A) PERT tool
B) Gantt chart
C) CPM tool
D) TCO chart
E) networking tool

Accepted Answer

The description given matches the characteristics of a Gantt chart, which visually displays tasks and times associated with a project using a horizontal bar chart with activities listed vertically and times or dates displayed horizontally. PERT tool and CPM tool are network analysis techniques used for project management, TCO chart is used for determining the total cost of ownership for a project or product, and networking tool is a generic term that could refer to any tool used for managing or monitoring network activity.

Question 4

When a process crosses functional boundaries, there is a risk that no one actually owns or takes responsibility for the entire process.

Accepted Answer

When a process crosses functional boundaries, there is a risk that each functional area only takes responsibility for their part of the process and no one ultimately takes ownership of the entire process. This can lead to gaps, delays, and errors in the process.

Question 5

Which of the following is not one of the six phases of a project?​
A) Precompletion.
B) Project definition.
C) Preliminary studies.
D) Performance.
E) Post-completion.

Accepted Answer

"Precompletion" is not recognized as one of the standard six phases of a project. The typical phases include initiation, planning, execution, monitoring and controlling, and closing, with "project definition" and "preliminary studies" often falling under planning or initiation, "performance" under execution, and "post-completion" aligning with closing activities.

Question 6

Organizations should not use process mapping to redesign or reengineer processes.

Accepted Answer

Process mapping is a key tool used in the redesign and reengineering of processes. It helps organizations to identify inefficiencies, bottlenecks, and areas for improvement in their processes, and to develop more efficient and effective processes. Therefore, organizations should use process mapping as part of their redesign or reengineering efforts.

Question 7

In a PERT network, which of the following is not one of the times shown on the chart?
A) Early start.
B) Late start.
C) On time start.
D) Early finish.
E) Late finish.

Accepted Answer

PERT networks typically only show early start, late start, early finish, and late finish times. "On time start" is not included as an option since it assumes the project will always start on time, which is not always the case in practice.

Question 8

Users apply _____ to projects where there is a single known time for each activity with no variance, while _____ applies to projects where time estimates are variable or uncertain.
A) Make-buy analysis….CPM
B) PERT….CPM
C) Post-completion analysis….PERT
D) CPM…PERT
E) PERT….TCO

Accepted Answer

CPM (Critical Path Method) is applied to projects with a single known time for each activity with no variance, while PERT (Program Evaluation and Review Technique) is applied to projects with time estimates that are variable or uncertain. Therefore, D) CPM…PERT is the correct answer choice.

Question 9

In a PERT network, a/an _____ is the earliest point in time an activity can begin.
A) late start
B) on time start
C) early finish
D) early start
E) late finish

Accepted Answer

In a PERT network, the early start is the earliest point in time an activity can begin. This is important in calculating the overall project duration and identifying critical paths. Choice A, late start, is the latest point in time an activity can begin without delaying the project completion time. Choice C, early finish, is the earliest point in time an activity can be completed. Choice E, late finish, is the latest point in time an activity can be completed without delaying the project completion time. Choice B, on time start, is not a valid term in PERT networks.

Question 10

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

Accepted Answer

It is important to have cross-functional teams involved in mapping and improving processes as they can bring different perspectives and expertise to the table.

Question 11

In a PERT network, a/an _____ is the earliest time a project can finish given the expected activity time.
A) late finish
B) on time start
C) on time finish
D) early start
E) early finish

Accepted Answer

In a PERT network, the earliest time a project can finish given the expected activity time is called the Early Finish, which is represented by the abbreviation EF.

Question 12

In a PERT network, a/an _____ is the latest time an activity can finish without delaying the entire project.
A) Late start
B) late finish
C) on time finish
D) early start
E) late start

Accepted Answer

The latest time an activity can finish without delaying the entire project is known as the late finish. It helps in identifying the critical path of the project and determines the amount of slack time available for non-critical activities.

Question 13

Most processes do not cross functional boundaries.

Accepted Answer

Processes often require input or involvement from multiple functions within an organization, meaning they do cross functional boundaries.

Question 14

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.
A) late start
B) late finish
C) early start
D) early finish
E) on time finish

Accepted Answer

The latest point in time an activity can begin without delaying the entire project is known as the Late Start. It represents the latest possible start date for an activity that will not delay the completion of the entire project.

Question 15

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Accepted Answer

Non-value-adding actions and resources are those actions or resources in a process that do not add value to the product or service from the customer's perspective. These are often considered waste and targeted for reduction or elimination in process improvement methodologies like Lean.

Question 16

All of the following are points that should be considered before initiating a project except _____.
A) make sure the objectives and outcomes are championed by senior executive management
B) measure subjectively
C) place the program under the leadership of people with skill, credentials, and credibility
D) establish an effective governance process with a cross-functional team
E) break down the project into phased deliverables

Accepted Answer

Measuring subjectively is not a good point to consider before initiating a project as subjective measurements may not be reliable or accurate. All other points mentioned are important considerations before starting a project.

Question 17

By identifying unnecessary steps and resources, value stream mapping streamlines processes for greater efficiency.

Accepted Answer

Value stream mapping is a lean methodology that aims to identify steps and resources that do not add value to the final product or service. By eliminating these unnecessary elements, processes become leaner and more efficient, leading to cost savings and improved customer satisfaction.

Question 18

All of the following are characteristics of the post-completion phase of a project except _____.
A) confirm that the final project meets the expectations of management or customers
B) reassign project personnel to other positions or other projects
C) restore any used equipment and facilities to their original status
D) conduct a post-implementation meeting to discuss the strengths and weaknesses of the project
E) identify broad budget, personnel, and resource requirements for future projects

Accepted Answer

The post-completion phase of a project does not involve identifying broad budget, personnel, and resource requirements for future projects. This is typically done in the planning phase of a project. The other options are all characteristics of the post-completion phase.

Question 19

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

Accepted Answer

Concurrent product development, also known as simultaneous engineering, is a strategy that involves developing new products concurrently rather than sequentially, which helps save time and money and promotes early agreement on major issues.

Question 20

The _____ (in time) through a PERT network is the _____.
A) longest path….critical path
B) shortest path….critical path
C) longest path….slack
D) shortest path….slack
E) None of the above.

Accepted Answer

The longest path through a PERT network is the critical path, which represents the sequence of activities that take the longest time to complete and therefore determine the minimum amount of time required to complete the entire project.

Quiz 12: Purchasing and Supply Chain Analysis: Tools and Techniques

Which of the following is not one of the network rules for PERT/CPM?

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

When a process crosses functional boundaries, there is a risk that no one actually owns or takes responsibility for the entire process.

Which of the following is not one of the six phases of a project?

Organizations should not use process mapping to redesign or reengineer processes.

In a PERT network, which of the following is not one of the times shown on the chart?

Users apply _ to projects where there is a single known time for each activity with no variance, while _ applies to projects where time estimates are variable or uncertain.

In a PERT network, a/an _____ is the earliest point in time an activity can begin.

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

In a PERT network, a/an _____ is the earliest time a project can finish given the expected activity time.

In a PERT network, a/an _____ is the latest time an activity can finish without delaying the entire project.

Most processes do not cross functional boundaries.

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

All of the following are points that should be considered before initiating a project except _____.

By identifying unnecessary steps and resources, value stream mapping streamlines processes for greater efficiency.

All of the following are characteristics of the post-completion phase of a project except _____.

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

The _ (in time) through a PERT network is the _.

Quiz 12: Purchasing and Supply Chain Analysis: Tools and Techniques

Which of the following is not one of the network rules for PERT/CPM?​

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

When a process crosses functional boundaries, there is a risk that no one actually owns or takes responsibility for the entire process.

Which of the following is not one of the six phases of a project?​

Organizations should not use process mapping to redesign or reengineer processes.

In a PERT network, which of the following is not one of the times shown on the chart?

Users apply _____ to projects where there is a single known time for each activity with no variance, while _____ applies to projects where time estimates are variable or uncertain.

In a PERT network, a/an _____ is the earliest point in time an activity can begin.

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

In a PERT network, a/an _____ is the earliest time a project can finish given the expected activity time.

In a PERT network, a/an _____ is the latest time an activity can finish without delaying the entire project.

Most processes do not cross functional boundaries.

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

All of the following are points that should be considered before initiating a project except _____.

By identifying unnecessary steps and resources, value stream mapping streamlines processes for greater efficiency.

All of the following are characteristics of the post-completion phase of a project except _____.

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

The _____ (in time) through a PERT network is the _____.

Which of the following is not one of the network rules for PERT/CPM?

Which of the following is not one of the six phases of a project?

Users apply _ to projects where there is a single known time for each activity with no variance, while _ applies to projects where time estimates are variable or uncertain.

The _ (in time) through a PERT network is the _.