17 Questions
What is the primary purpose of PERT and CPM in project management?
To assist managers in managing projects
What is the main difference between PERT and CPM?
PERT has three time estimates, while CPM has a single time estimate
What is the first phase of project management?
Planning
What is the primary goal of project planning?
To set the objectives of the project
What is the main advantage of using PERT and CPM in project management?
It assists managers in reacting to changing conditions
Which of the following projects is most likely to use PERT and CPM?
Construction of a housing complex
What is the primary purpose of constructing a network diagram during the planning stage of a project?
To identify the sequential interrelationships between activities
During the scheduling phase, what is the outcome of applying forward and backward pass techniques?
Calculation of start and finish times for each activity
What is the significance of identifying the critical path in a project?
It predicts the project completion time
What is the purpose of a dummy activity in a PERT/CPM network?
To maintain the logical relationships between activities
What do events represent in a PERT/CPM network?
Points in time that mark the start or end of an activity
What is the purpose of controlling in a project?
To analyze and evaluate the actual progress against the plan
What is the primary purpose of constructing a project network diagram?
To identify the critical path of the project
What is the formula used to calculate the expected time for each activity?
Expected time = (Optimistic time + 4*Most likely time + Pessimistic time)/6
What is the purpose of identifying the critical path in a project network?
To determine the project duration
What is the next step after calculating the expected time and variance of each activity?
Constructing the project network diagram
What is the probability of completing the project within a given time calculated using?
P (Z< Z0) formula
Test your understanding of project management basics, including planning, scheduling, and controlling activities with limited resources. Learn how to produce the best possible results in complex projects.
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