A. Buyer
B. Seller
C. Buyer and Seller
D. Procurer
162) If for a remodeling project, the estimates are:
Optimistic estimate: 2 days
Pessimistic estimate: 6 days
What is the expected duration using the triangular distribution?
A. 6 days
B. 4 days
C. 2 days
D. Cannot be determined with the data provided
163) If for a remodeling project, the estimates are:
Optimistic estimate: 2 days
Pessimistic estimate: 6 days
Most likely estimate: 4 days
What is the expected duration using the beta distribution?
A. 6 days
B. 4 days
C. 2 days
D. None of the above
164) If for a remodeling project, the estimates are:
Optimistic estimate: 2 days
Pessimistic estimate: 6 days
Most likely estimate: 4 days
What is the expected duration using the beta distribution?
A. 6 days
B. 3 days
C. 2 days
D. None of the above
165) If for a remodeling project, the estimates are:
Optimistic estimate: 2 days
Pessimistic estimate: 6 days
What is the expected duration using the beta distribution?
A. 6 days
B. 3 days
C. 2 days
D. Cannot be determined with the information provided
166) Use the following diagram to answer the question below:
The project’s critical path is:
A. ABCDE
B. AFGCDE
C. AHIDE
D. Cannot be determined with the information provided
167) Use the following diagram to answer the question below:
The project’s critical path is:
A. ABCDE and AHIDE
B. AFGCDE
C. AFGCDE and AHIDE
D. Cannot be determined with the information provided
168) You are planning to acquire resources from a vendor for your software project. Your company has a list of preferred vendors that they always send their requirements to and get resources from. This list is an example of:
A. Enterprise environmental factor
B. Formal policy
C. Organizational process asset
D. Seller preference
169) Use forward pass calculation for the following diagrams to answer the question below (assume that there are no holidays).
EF=Early finish
LS=Late start
LF=Late finish
The early start for activity D is:
A. Mar 9
B. Mar 8
C. Mar 10
D. Mar 11
170) In the following diagram, early start date is denoted in the left top corner and early finish date is denoted in the top right corner.
Using forward pass calculation, the early finish date of activity A is (assume that there are no holidays):
A. Mar 6
B. Mar 3
C. Mar 7
D. Mar 8
171) In the below schedule network diagram, what is the latest start date for activity C (assume that there are no holidays)?
The diagrams use the below code:
ES=Early start
EF=Early finish
LS=Late start
LF=Late finish
A. Apr 9
B. Apr 7
C. Apr 10
D. Apr 11
172) You sign a contract with your building contractor and specify the types of materials that should be used in building the house. The contractor’s men aren’t showing up to work regularly and the work is delayed resulting in increased costs. But he still has to complete the building by the date you specified in the contract. This is an example of (Choose the best answer):
A. Fixed price contract
B. Firm Fixed Price Contract
C. Fixed Price Incentive Fee Contract
D. Fixed Price with Economic Price Adjustment Contract
173) The scheduling methods that uses buffers to account for limited resources and project uncertainty is:
A. Critical path method
B. Critical chain method
C. Buffering method
D. Resource optimization
174) In the critical chain method, the buffer placed at the end of the critical chain is called:
A. Feedback buffer
B. Critical chain buffer
C. Project buffer
D. Resource buffer
175) In the critical chain method, the buffer placed at each point where a chain of dependent activities that are not on the critical chain feeds into the critical chain is called:
A. Feeding buffer
B. Non-critical chain buffer
C. Project buffer
D. Resource buffer
176) Which of the following is not true about resource leveling?
A. It is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply
B. It can be used when shared or critically required resources are only available at certain times, or in limited quantities
C. It can be used to keep resource usage at a constant level
D. It cannot cause the original critical path to increase
177) You sign a contract with your building contractor and specify the types of materials that should be used in building the house. If the contractor can complete the building before holiday season, you promise him a bonus. This is an example of (Choose the best answer):
A. Fixed price contract
B. Firm Fixed Price Contract
C. Fixed Price Incentive Fee Contract
D. Fixed Price with Economic Price Adjustment Contract
178) Which of the below is not true about resource smoothing?
A. It is a technique that adjusts the activities of a schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits
B. The project’s critical path is not changed
C. The completion date may not be delayed
D. Resource smoothing fully optimizes all resources
179) Your project’s duration needs to be shortened. The quality assurance cycle that is usually done after development is complete is now planned to be partly done in parallel with development to help shorten the duration. This is called:
A. Fast tracking
B. Crashing
C. Resource leveling
D. Resource smoothing
180) Your project’s duration needs to be shortened. So you ask your team to work weekends and hire additional resources to help shorten the schedule. This is called:
A. Fast tracking
B. Crashing
C. Resource leveling
D. Resource smoothing
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