PERT-CPM PERT Chart Quiz
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Questions and Answers

What does AOA stand for in the context of project management?

  • Activity on Analysis
  • Activity on Arrow (correct)
  • Activity on Network
  • Activity on Node
  • What are the beginning or ending points of one or more activities in a project network called?

  • Paths
  • Events
  • Activities
  • Nodes (correct)
  • What is the relationship between the earliest start time (ES) and earliest finish time (EF) of an activity?

  • ES = EF - (estimated) duration of the activity
  • ES = EF + (estimated) duration of the activity
  • EF = ES + (estimated) duration of the activity (correct)
  • ES and EF are independent of each other
  • Which of the following is NOT a component of a project network?

    <p>Resources</p> Signup and view all the answers

    How is the latest start time for an activity determined?

    <p>It is the latest possible time that the activity can start without delaying the completion of the project</p> Signup and view all the answers

    What is the critical path in a project network?

    <p>The longest path through the project network</p> Signup and view all the answers

    What is the formula to calculate the latest finish time (LF) of an activity?

    <p>LF = smallest LS of the immediate successors</p> Signup and view all the answers

    Which of the following formulas correctly represents the slack of an activity?

    <p>Slack = LF - EF</p> Signup and view all the answers

    If an activity has an earliest start time of 5 and a duration of 8 weeks, what is its earliest finish time?

    <p>13</p> Signup and view all the answers

    What is the purpose of calculating slack in the PERT/CPM method?

    <p>To identify activities that can be delayed without extending the project completion time</p> Signup and view all the answers

    In the given example, what is the latest finish time (LF) for activity D?

    <p>24</p> Signup and view all the answers

    Which of the following statements about the PERT/CPM method is correct?

    <p>The forward pass calculates the earliest start and finish times, while the backward pass calculates the latest start and finish times.</p> Signup and view all the answers

    Which of the following is true about PERT (Program Evaluation and Review Technique)?

    <p>It utilizes optimistic, average, and pessimistic time estimates</p> Signup and view all the answers

    What is the primary purpose of a PERT chart or network diagram?

    <p>To graphically represent the critical path of a project</p> Signup and view all the answers

    Which of the following is true about CPM (Critical Path Method)?

    <p>It is a deterministic model focusing on time and cost</p> Signup and view all the answers

    What is an activity in the context of PERT and CPM?

    <p>Any portion of a project that requires resources and consumes time</p> Signup and view all the answers

    Which technique is more suitable for projects where time required to complete activities is not known in advance?

    <p>PERT</p> Signup and view all the answers

    What is the primary difference between PERT and CPM?

    <p>PERT is a deterministic model, while CPM is a probabilistic model</p> Signup and view all the answers

    Study Notes

    Project Management Terminology

    • AOA stands for Activity on Arrow, which represents a type of project network diagram.

    Project Network Components

    • Nodes or events represent the beginning or ending points of one or more activities in a project network.

    Activity Time Calculations

    • The earliest finish time (EF) of an activity is the sum of its earliest start time (ES) and duration.
    • The latest start time (LS) of an activity is determined by subtracting the duration from the latest finish time (LF).
    • The latest finish time (LF) of an activity is calculated by subtracting the slack from the earliest finish time (EF).

    Critical Path and Slack

    • The critical path is the sequence of activities that determines the minimum duration required to complete a project.
    • The slack of an activity is the difference between its latest finish time and earliest finish time.
    • The formula to calculate slack is LF - EF.

    Activity Characteristics

    • An activity is a specific task or job that must be completed in a project.
    • Activities have durations, earliest start times, and earliest finish times.

    PERT and CPM Methodologies

    • PERT (Program Evaluation and Review Technique) is a methodology used for projects where time required to complete activities is not known in advance.
    • CPM (Critical Path Method) is a methodology used for projects where time required to complete activities is known in advance.
    • The primary purpose of PERT and CPM is to identify the critical path and determine the minimum duration required to complete a project.
    • PERT charts or network diagrams are used to visualize the project network and identify relationships between activities.

    Key Differences

    • The primary difference between PERT and CPM is the uncertainty of activity durations.

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    Description

    Test your knowledge about PERT (Program Evaluation & Review Technique) and CPM (Critical Path Method) with this quiz! Explore the concepts related to planning and controlling projects using PERT charts.

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