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11/4/21, 8:55 AM Midterm Examination-Part 1: BMA_4102 : Project Management
Midterm Examination-Part 1
Due
Nov 4 at 9am
Points
40
Questions
40
Available
Nov 4 at 8am - Nov 4 at 9am
about 1 hour
Time Limit
60 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1
23 minutes 18 out of 40
*
* Some questions not yet graded
Score for this quiz:

18 out of 40
*
Submitted Nov 4 at 8:23am
This attempt took 23 minutes.
Question 1 1
/ 1 pts
Generally, parametric estimating requires less information and time than analogous
estimating.

True
Correct!
False
Question 2 1
/ 1 pts
The WBS is best suited for projects that have a tangible outcome. Which
of the following is used when the final outcome of the project is less
tangible or is a product of a series of steps or phases?

Responsibility matrix
https://ue.instructure.com/courses/22603/quizzes/106044 1/11

Organization breakdown structure

A work breakdown structure is still effective for these types of projects.

Priority matrix
Correct!
Process breakdown structure
Process projects are driven by performance requirements and not

plans or blueprints. Some practitioners choose to utilize what we
refer to as a process breakdown structure (PBS) instead of the
classic WBS.
Question 3 1
/ 1 pts
All of the following factors must be in place in order to develop an analogous estimate
effectively EXCEPT:
Correct!
An organization must know details behind the time value of money.

An organization must know how and to what extent the proposed project
differs from the previous project.

An organization must have experience in performing similar projects.

An organization must know how much previous projects actually cost.
Question 4 1
/ 1 pts
A _________ activity is one that has more than one activity immediately
following it.
Correct!
Burst

Merge

Parallel

Slack

Dangling
Straight definition of a Burst Activity.
Question 5 1
/ 1 pts
Analogous estimating is the most detailed, time consuming and accurate way to estimate.

True
Correct!
False
Question 6 1
/ 1 pts
"Reviews with customer" only refers to projects with external customers

who are paying for the project.

True
Correct!
False
Completion of the scope checklist ends with a review with your

customer-internal or external. The main concern here is the
understanding and agreement of expectations.
Question 7 1
/ 1 pts
Events discovered during Identify Risks that may or may not occur are often categorized
as:

known knowns
Correct!
known unknowns

unknown unknowns

known certainties
Question 8 1
/ 1 pts
What type of cost is incurred when a project must be conducted faster than normal, and
overtime for workers and / or extra charges for rapid delivery from suppliers are
necessary?

marginal costs
Correct!
expedited costs

nonrecurring costs

variable costs.
Question 9 1
/ 1 pts
Both normal and special cause variation add to project cost and need to be considered by
project managers.
Correct!
True

False
Question 10 1
/ 1 pts
A communication plan is a key component for giving guidelines on how to

track project
Correct!
Issues.

Costs.

Defects.

Both costs and defects.
Communication plans should also give guidance on coordinating

and tracking schedules and action items.
Question 11 1
/ 1 pts
Which of the following correctly calculates the late start for an activity?

EF - DUR

ES - DUR
Correct!
LF - DUR

ES - SL

LF - SL
You subtract activity times along each path starting with the project
end activity (LF - DUR = LS).
Question 12 1
/ 1 pts
An element in the project that consumes time is a(n) ___________.

event
Correct!
activity

milestone

network

objective
Activities (and tasks) are elements of the project that require or

consume time. Usage of these terms are sometimes synonymous.
They may or may not require resources.
Question 13 1
/ 1 pts
Which of the following correctly calculates the early finish for an activity?

LS + DUR
Correct!
ES + DUR

LF + DUR

ES + SL

LF + SL
The early finish for activity = ES + DUR.
Question 14 1
/ 1 pts
If a project is small and does not require an elaborate system to assign

tasks, which of the following is a good choice?
Correct!
Responsibility matrix

Organization breakdown structure

Work breakdown structure

Priority matrix

Process breakdown structure
The responsibility matrix (sometimes called a linear responsibility

chart) summarizes the tasks to be accomplished and who is
responsible for what on a project.
Question 15 Not yet graded

/ 1 pts
Describe analogous, parametric and bottom-up estimating, and briefly discuss the
advantages and disadvantages of each method.
Your Answer:
Analogous - Fastest method of estimation and it can be calculated with

minimal information
Parametric - It make use of statistical tools or estimation of cost involved

in project and it is more accurate than the analogous method
Bottom up - It is the most accurate technique and it can be used when all
information is available
Question 16 0
/ 1 pts
Project scope describes what you expect to deliver to your customers

when the project is complete.
orrect Answer
True
ou Answered
False
Project scope is a definition of the end result or mission of your

project-a product or service for your client/customer.
Question 17 1
/ 1 pts
The documentation of a project cost estimate generally requires substantial supporting

detail to include all of these EXCEPT:

a description of scope.
Correct!
management reserve needs

the estimating methods and a range of possible outcomes.

assumptions and constraints.
Question 18 1
/ 1 pts
Which of the following will correctly calculate the total slack in an activity?

LS - ES

LF - EF

LS - LF

LF - ES
Correct!
Either LS - ES or LF - EF
Total slack or float for an activity is simply the difference between

the LS and ES (LS - ES = SL) or between LF and EF (LF - EF =
SL).
Question 19 1
/ 1 pts
On a project network, the activity times are derived from the

organization breakdown structure.
Correct!
work packages.

budget.

project proposal.

responsibility matrix.
Work packages from the work breakdown structure (WBS) are

used to build the activities found in the project network. An activity
is an element in the project that consumes time—for example,
work or waiting.
Question 20 1
/ 1 pts
A project network provides the basis for

organizational authority.

completing the effort on time and within budget.
Correct!
scheduling labor and equipment.

hierarchical understanding of task relationships.

understanding the structural relationships.
All of the work packages and tasks will give the project manager a
solid basis for when and where people and physical resources will
be needed.
Quiz Score:
18 out of 40
Due
Nov 4 at 9am
Points
40
Questions
40
Available
about 1 hour
Time Limit
60 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1

20 out of 40
Question 1 1
/ 1 pts
The _________is the approved budget, usually in a time distribution format, that is used
to estimate, monitor, and control the overall cost performance of the project.

management baseline.
Correct!
cost baseline.

cost benchmark

control account
Question 2 1
/ 1 pts
Responsibility matrices are used primarily with small and medium-sized

projects and have limited use in large projects.

True
Correct!
False
One tool that is widely used by project managers and task force
leaders of small projects is the responsibility matrix (RM). The RM
(sometimes called a linear responsibility chart) summarizes the
tasks to be accomplished and who is responsible for what on a
project. More complex RMs can extend the WBS/OBS to help
provide a clear and concise method for depicting responsibility,
authority and communication channels even for larger projects.
Question 3 1
/ 1 pts
If a project criterion should be optimized if at all possible, it is classified as

being constrained.

True
Correct!
False
If a project criterion should be optimized if at all possible, it is

classified as being enhanced.
Question 4 1
/ 1 pts
The project charter provides the project manager with written authority to
use organizational resources for project activities.
Correct!
True

False
A project charter refers to a document that authorizes the project

manager to initiate and lead the project.
Question 5 1
/ 1 pts
The highest element in the hierarchical breakdown of the WBS is the first
major deliverable for the project and the lowest element is a work
package.

True
Correct!
False
The WBS begins with the final deliverable, which is the project
itself and the highest element in the hierarchical breakdown of the
WBS. Major project work deliverables are identified first and then
the subdeliverables necessary to accomplish the larger
deliverables are defined. The process is repeated until the
subdeliverable detail is small enough to be manageable and where
one person can be responsible. This subdeliverable is further
divided into work packages, which is the lowest element in the
hierarchical breakdown of the WBS.
Question 6 1
/ 1 pts
All of the following are ways the WBS helps in managing projects
EXCEPT

With cost and time estimates the WBS makes it possible to plan, schedule
and budget the project.

It provides management with information appropriate to each level.

Can be used to define communication channels.
Correct!
Allows the project manager to establish the overall objective of the project.

As it is developed, organizational units and individuals can be assigned
responsibility of work packages.
The overall objective of the project must be established before

creating the WBS.
Question 7 1
/ 1 pts
A milestone is a typical measuring point used when establishing cost control. Which of
the following does NOT accurately describes the use of cost control milestones?

Project managers can use their cash flow projections to determine the funding
needed to reach each milestone.

Project managers and sponsors often decide the number of milestones jointly.

Milestones are often identified in the project charter.
Correct!
Milestones are developed during risk planning.
Question 8 1
/ 1 pts
Which of the following is a good example of a Process Breakdown

Structure?

New car prototype
Correct!
New software program

New instruction manual

New sports stadium

New project management book
The WBS is best suited for projects that have a tangible outcome.
A PBS is used when the final outcome of the project is less
tangible or is a product of a series of steps or phases. Process
projects are driven by performance requirements and not plans or
blueprints. Some practitioners choose to utilize what we refer to as
a process breakdown structure (PBS) instead of the classic WBS.
Question 9 1
/ 1 pts
The assumption that all immediately preceding activities must be 100%

complete is too restrictive in some situations. When an activity is broken
down into smaller segments in order to start the succeeding activity

sooner, this is called

hammock activities.

concurrent engineering.

a forward pass.

dissecting.
Correct!
laddering.
Under the finish-to-start relationship, when an activity has a long

duration and will delay the start of an activity immediately following
it, the activity can be broken into segments and the network drawn
as a laddering approach so the following activity can begin sooner
and not delay the work.
Question 10 1
/ 1 pts
Generally, parametric estimating requires less information and time than analogous
estimating.

True
Correct!
False
Question 11 1
/ 1 pts
Regardless of what method is used to estimate project costs, supporting detail should be
provided.
Correct!
True

False
Question 12 1
/ 1 pts
After reviewing the project scope statement, the owner specifies that costs
MUST stay within $400,000. This criterion is classified as
Correct!
Constrained.

Enhanced.

Accepted.

Limited.

Fixed.
The original parameter is fixed. The project must be completed for

$400,000 or less; therefore, cost is constrained.
Question 13 1
/ 1 pts
A sequence of connected, dependent activities is termed a(n)

path of events.

parallel path.

activity chain.
Correct!
path.

dependent chain.
A path is a sequence of connected, dependent activities.
Question 14 1
/ 1 pts
The cost management plan provides guidelines to the project manager and other
stakeholders and serves all of the following purposes EXCEPT:

It shows how to develop and share relevant, accurate and timely information
on cost that the project manager, sponsor and other stakeholders can use to
make intelligent and ethical decisions.
Correct!
It documents how the project statement of work and business case should be
created.

It helps all project stakeholders focus appropriately on schedule and cost
performance.

It provides feedback, thereby showing how the project’s success is linked to
the business objectives for which it was undertaken.
Question 15 1
/ 1 pts
Which estimating technique decomposes the work into lower, more detailed pieces,
preferably the lowest level of WBS work elements, for which estimates are prepared and
then aggregates them into a total quantity for the project?

piece meal pricing

decomposition estimating
Correct!
bottom-up estimating

grass roots estimating
Question 16 1
/ 1 pts
A typical responsibility matrix will include not only those responsible for a
specific task but can also include those who supply support and
assistance.
Correct!
True

False
Responsibility matrices can help project managers depict who is

responsible overall for an activity and who will support that
individual.
Question 17 1
/ 1 pts
One of the items included on a project scope statement or checklist is the

review with the customer.
Correct!
True

False
The project objective, deliverables, milestones, technical

requirements, limits and exclusions and customer reviews are all
included in the project scope statement or checklist.
Question 18 1
/ 1 pts
Scott has just been given a project that has a specific completion date.
After a discussion with top management he finds that while the date is
important the cost is more important and a slip in delivery would be
acceptable if required to meet the cost targets. The completion date is
best classified as

Constrained.

Reduced.
Correct!
Accepted.

Limited.

Optional.
For which criterion is it tolerable or acceptable not to meet the

original parameters? When trade-offs have to be made, is it
permissible for the schedule to slip, to reduce the scope and
performance of the project, or to go over budget? In this incident
cost is constrained and the date will be accepted.
Question 19 1
/ 1 pts
Which of the following terms best describes extra money in the project budget to be used
if necessary - usually if a risk event occurs?
Correct!
reserve

insurance

padding

discretionary fund
Question 20 1
/ 1 pts
Information to develop a project network is collected from the

Correct!
work breakdown structure.

budget.

project proposal.

The project network is developed from the information collected for

the work breakdown structure (WBS) and is a graphic flow chart of
the project job plan.
Quiz Score:
20 out of 40
Due
Nov 4 at 9am
Points
40
Questions
40
Available
about 1 hour
Time Limit
60 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1 17 minutes 20 out of 40

20 out of 40
Question 1 1
/ 1 pts
The integration of the lowest level of the WBS with the organizational units
responsible for performing the work is known as

Responsibility matrix.
Correct!
Organization breakdown structure.

Work breakdown structure.

Priority matrix.

Process breakdown structure.
In practice, the outcome of this process is the organization

breakdown structure (OBS). The OBS depicts how the firm has
organized to discharge work responsibility.
Question 2 1
/ 1 pts
Which of the following does NOT help describe a project network?

A graphic display of the flow and sequence of work through the project

Provides the basis for scheduling labor and equipment

Gives the times when activities can start and finish and when they can be
delayed
Correct!
Highlights major deliverables and identifies their completion dates

Identifies critical activities
The work breakdown structure (WBS) will highlight major

deliverables. Since major deliverables are a summary of the tasks
below them, they do not directly consume time or resources;
therefore, they are not included in the network.
Question 3 1
/ 1 pts
When translated into a project network, a work package will become

a single activity.
Correct!
one or more activities.

a milestone.

a critical path.

an arrow.
Work packages from the work breakdown structure (WBS) are used
to build the activities found in the project network. An activity can
include one or more work packages. The activities are placed in a
sequence that provides for orderly completion of the project.
Question 4 1
/ 1 pts
On agile projects, project managers may use rolling wave planning to estimate costs.
Correct!
True

False
Question 5 1
/ 1 pts
An activity that represents a major segment of work is a good example of a

milestone.

True
Correct!
False
A milestone is a significant event in a project that occurs at a point in

time. The start or completion of an activity can represent a milestone,
but not the activity itself. A milestone does not consume time.
Question 6 1
/ 1 pts
A communication plan should include limits on who has access to certain

kinds of information.
Correct!
True

False
A communication plan should contain what information needs to be

collected, who will receive that information, how will the information
be gathered, when it will be communicated and how, and if there are
any limits on who has access to certain kinds of information.
Question 7 1
/ 1 pts
Recurring costs tend to occur during project planning and closing while nonrecurring
costs tend to occur during project execution.

True
Correct!
False
Question 8 1
/ 1 pts
All of the following are usually included in a work package EXCEPT

Work to be done.

The time needed to complete the work.

A single person who is responsible for its completion.

All the costs for the work package.
Correct!
All of these are included in a work package.
Work packages are short duration tasks that have a definite start and
stop point, consume resources, and represent cost. Each work
package is a control point. A work package manager is responsible
for seeing that the package is completed on time, within budget, and
according to technical specifications.
Question 9 1
/ 1 pts
The amount of time an activity can be delayed and yet not delay the project
is termed
Correct!
total slack.

free slack.

critical float.

float pad.

slip pad.
Total slack tells us the amount of time an activity can be delayed and
yet not delay the project. Stated differently, total slack is the amount
of time an activity can exceed its early finish date without affecting
the project end date or an imposed completion date.
Question 10 1
/ 1 pts
A milestone is a typical measuring point used when establishing cost control. Which of
the following does NOT accurately describes the use of cost control milestones?

Project managers can use their cash flow projections to determine the funding
needed to reach each milestone.

Project managers and sponsors often decide the number of milestones jointly.

Milestones are often identified in the project charter.
Correct!
Milestones are developed during risk planning.
Question 11 1
/ 1 pts
The highest element in the hierarchical breakdown of the WBS is

A work package.

Sub-deliverables.

A cost account.

Major deliverables.
Correct!
The project.
The WBS begins with the final deliverable, which is the project itself
and the highest element in the hierarchical breakdown of the WBS.
Major project work deliverables are identified first and then the sub-
deliverables necessary to accomplish the larger deliverables are
defined. The process is repeated until the sub-deliverable detail is
small enough to be manageable and where one person can be
responsible. This sub-deliverable is further divided into work
packages, which is the lowest element in the hierarchical breakdown
of the WBS.
Question 12 1
/ 1 pts
On a project network, the activity times are derived from the

Correct!
work packages.

budget.

project proposal.

Work packages from the work breakdown structure (WBS) are used
to build the activities found in the project network. An activity is an
element in the project that consumes time—for example, work or
waiting.
Question 13 1
/ 1 pts
A Responsibility Matrix will clarify

Tasks.

Supports.

Responsibilities.
Correct!
Both supports and responsibilities.
This clarification will allow team members to better understand how

tasks are to be managed within the project.
Question 14 1
/ 1 pts
The project scope does not come into play when considering fixed and variable cost
choices.

True
Correct!
False
Question 15 1
/ 1 pts
Which of the following correctly calculates the early finish for an activity?

LS + DUR
Correct!
ES + DUR

LF + DUR

ES + SL

LF + SL
The early finish for activity = ES + DUR.
Question 16 1
/ 1 pts
The lowest element in the hierarchical breakdown of the WBS is

A deliverable.
Correct!
A work package.

A cost account.

A lowest sub-deliverable.

An object.
The WBS begins with the final deliverable, which is the project itself
and the highest element in the hierarchical breakdown of the WBS.
Major project work deliverables are identified first and then the sub-
deliverables necessary to accomplish the larger deliverables are
defined. The process is repeated until the sub-deliverable detail is
small enough to be manageable and where one person can be
responsible. This sub-deliverable is further divided into work
packages, which is the lowest element in the hierarchical breakdown
of the WBS.
Question 17 1
/ 1 pts
The project charter provides the project manager with written authority to use
organizational resources for project activities.
Correct!
True

False
A project charter refers to a document that authorizes the project

manager to initiate and lead the project.
Question 18 1
/ 1 pts
If a project has more than one activity that can begin when the project is to
start, a common start node should be used to indicate a clear project
beginning on the network. Without a common start node, each path is a

critical path.

parallel path.
Correct!
dangler path.

multiple start path.

confused path.
If a project has more than one activity that can begin when the project
is to start, each path is a dangler path. The same is true if a project
network ends with more than one activity. Dangler paths give the
impression that that project doesn't have a clear beginning or ending.
Using a common start or end node helps to identify the total planning
period for all projects.
Question 19 1
/ 1 pts
Which of the following is NOT one of the basic rules to follow when
developing project networks?

An activity cannot begin until all preceding activities have been
completed.

Each activity must have a unique identification number.
Correct!
Conditional statements are allowed but looping statements are not
allowed.

An activity identification number must be larger than that of any preceding
activities.

Networks flow from left to right.
Conditional statements are not allowed (that is, this type of statement
should not appear: If successful, do something; if not, do nothing).
Question 20 1
/ 1 pts
Responsibility Matrices are useful for assigning and organizing

responsibilities.
Correct!
True

False
The responsibility matrix will make it much easier for a project

manager to understand how well the work coverage is and if there
are any “shallow” or missing areas of coverage.
Quiz Score:
20 out of 40
Due
Nov 4 at 9am
Points
40
Questions
40
Available
about 1 hour
Time Limit
60 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1
*

19 out of 40
*
Question 1 1
/ 1 pts
The tendency for the project deliverables to expand over time-usually by

changing requirements, specifications, and priorities-is called

Scope erosion.
Correct!
Scope creep.

Project bloat.

Scope enhancement.

Project add-ons.
The tendency for the project scope to expand over time-usually by

scope creep. Scope creep can be reduced by carefully writing your
scope statement.
Question 2 1
/ 1 pts
The forward pass in project network calculations determines all of the

following EXCEPT

earliest time an activity can begin.

earliest time an activity can finish.

duration of the project.
Correct!
the critical path.

how soon the project can finish.
The forward pass starts with the first project activity(ies) and traces
each path (chain of sequential activities) through the network to
the last project activity(ies). It calculates how soon an activity can
start, how soon it can finish and the project duration or how soon
the project will be finished.
Question 3 1
/ 1 pts
After the total slack for each activity is identified, the project manager can
more easily identify the

earned value.
Correct!
critical path.

earliest start date.

total project slack.

total budget.
With the amount of time necessary to complete tasks now

calculated, the critical path(s) are much more evident due to being
able to quickly add up the least amount of slack on each path
through the network.
Question 4 1
/ 1 pts
"Reviews with customer" only refers to projects with external customers

who are paying for the project.

True
Correct!
False
Completion of the scope checklist ends with a review with your

customer-internal or external. The main concern here is the
understanding and agreement of expectations.
Question 5 1
/ 1 pts
Cost estimating is linked very closely with scope, schedule and resource planning.
Correct!
True

False
Question 6 1
/ 1 pts
A communication plan is a key component for giving guidelines on how to

track project
Correct!
Issues.

Costs.

Defects.

Both costs and defects.

Question 7 1
/ 1 pts
The minimum amount of time a dependent activity must be delayed to

begin or end is referred to as

hammock.

laddering.
Correct!
lag.

cushion.

buffer.
A lag is the minimum amount of time a dependent activity must be

delayed to begin or end.
Question 8 1
/ 1 pts
A project manager needs to ensure that the cumulative amount of cash coming into the
project either from internal budgeting or from customer payments meets or exceeds the
demands for paying cash out.
Correct!
True

False
Question 9 1
/ 1 pts
Which estimating technique uses a statistical relationship to calculate cost or duration

based on historical data and other project parameters?

empirical estimating
Correct!
parametric estimating

grass roots estimating

analogous estimating
Question 10 1
/ 1 pts
A communication plan should include limits on who has access to certain

kinds of information.
Correct!
True

False
A communication plan should contain what information needs to

be collected, who will receive that information, how will the
information be gathered, when it will be communicated and how,
and if there are any limits on who has access to certain kinds of
information.
Question 11 1
/ 1 pts
The amount of time that an activity can be delayed without affecting the
overall project completion date is known as:
Correct!
total slack.

estimated effort.

opportunity cost.

free slack.

both total slack and free slack.
The amount of time that an activity can be delayed without

affecting the overall project completion date is known as total
slack.

/ 1 pts
Describe several sources of uncertainty in estimating the cost of a project as well as

strategies you can employ to address uncertainty.
Your Answer:
There are four sources of uncertainty with respect to the cost of the
project, namely:
1. Changes in prices over time. This may due to the inflation, other
marketing factors, or even changes in government policy or laws.
2. Availability of Resource. Resources may be limited and not always

available for the use.
3. Labor Cost. Changes in labor cost - with respect to the laws, may affect
the costing of the project.
4. Funding Challenges. Other constraints with regards to funding the

project may cause additional delay.
Uncertainty can be addressed in a lot of ways depending on the scenario,

but there are four steps that can be used to analyze and solve the issue,
namely.
1. Identify the sources, causes, or roots of the uncertainty
2. Analyze the depth cause
3. Look for other ways to minimize uncertainty
4. Ratify the cost estimation with regards to the uncertainty
Question 13 1
/ 1 pts
All of the following items describe an aspect of life cycle costing EXCEPT:

Life cycle cost includes the cost of both creating the project and of using the
result of the project during its useful life.

Many project selection decisions are made based upon life cycle cost.
Correct!
Life cycle cost only includes the project cost from initiating through closing

Project managers may need to consider disposal costs of the product after its
useful life is complete to calculate total life cycle cost.
Question 14 1
/ 1 pts
An activity that represents a major segment of work is a good example of

a milestone.

True
Correct!
False
A milestone is a significant event in a project that occurs at a point

in time. The start or completion of an activity can represent a
milestone, but not the activity itself. A milestone does not consume
time.
Question 15 1
/ 1 pts
Concurrent engineering, which has dramatically reduced the development

time for new products, relies on what kind of lag?
Correct!
Start to Start lags

Start to Finish lags

Finish to Finish lags

Finish to Start lags

Any of these could be correct
Concurrent engineering basically breaks activities into smaller

segments so that work can be done in parallel and the project
expedited. Start-to-start relationships can depict the concurrent
engineering conditions and reduce network detail.
Question 16 1
/ 1 pts
Fixed costs remain the same regardless of the size or volume of work, while variable
costs vary directly with volume of use.
Correct!
True

False
Question 17 1
/ 1 pts
Arrows on an activity-on-node (AON) project network represent

an activity.

project flow.

dependency.
Correct!
project flow and dependency.

an activity and dependency.
The node depicts an activity, and the arrow shows dependency

and project flow.
Question 18 1
/ 1 pts
A “Dissemination Mode” is

How project schedules are version controlled.

A description of what is important to project stakeholders.
Correct!
What defines how project communication is to occur.

None of these choices.

Question 19 1
/ 1 pts
Plan Cost Management is the process to determine how to plan, estimate, and control
project costs.
Correct!
True

False
Question 20 1
/ 1 pts
Profit, time and performance are all basic classifications of project

priorities.

True
Correct!
False
Cost, time and performance are all basic classifications of project

priorities.
Quiz Score:
19 out of 40
Due
Nov 4 at 9am
Points
40
Questions
40
Available
about 1 hour
Time Limit
60 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1
*

17 out of 40
*
Question 1 1
/ 1 pts
Profit, time and performance are all basic classifications of project

priorities.

True
Correct!
False
Cost, time and performance are all basic classifications of project

priorities.
Question 2 1
/ 1 pts
An activity that has more than one dependency arrow flowing into it is
termed a(n)

parallel activity.

critical path.

burst activity.
Correct!
merge activity.

independent activity.
Merge activity is an activity that has more than one activity

immediately preceding it (more than one dependency arrow
flowing to it).
Question 3 1
/ 1 pts
If a project criterion should be optimized if at all possible, it is classified as

being constrained.

True
Correct!
False
If a project criterion should be optimized if at all possible, it is

classified as being enhanced.

/ 1 pts
Describe several sources of uncertainty in estimating the cost of a project as well as

strategies you can employ to address uncertainty.
Your Answer:
Several sources of uncertainty is that, false, missing, and unreliable

information, dealing with these kind of uncertainty prevent the cost of the
project to formulate in good terms. Conflicts may happen if uncertainties
vary. Reducing the scope can become a strategy to eliminate those
uncertainty from the project.
Question 5 1
/ 1 pts
For any activity that has one or more predecessors, the ________ time is
always the largest early finish of any of its predecessors. If the early finish
times of an activity’s predecessors were 85, 70 and 55, then this time
would be the largest of these three early finish times or 85.

early finish

late finish
Correct!
early start

late start

free slack
The early start of a merge activity is always the largest of the early
finish times of any of its predecessors. If the early finish times of
an activity’s predecessors were 85, 70 and 55, then the early start
time of the activity in question would be the largest of these three
early finish times or 85.
Question 6 1
/ 1 pts
When translated into a project network, a work package will become

a single activity.
Correct!
one or more activities.

a milestone.

a critical path.

an arrow.
Work packages from the work breakdown structure (WBS) are

used to build the activities found in the project network. An activity
can include one or more work packages. The activities are placed
in a sequence that provides for orderly completion of the project.
Question 7 1
/ 1 pts
Process breakdown structures are used when the size and the scope of
the project do not warrant an elaborate WBS or OBS.

True
Correct!
False
It is more difficult to apply WBS to less tangible, process-oriented

projects in which the final outcome is a product of a series of steps
or phases. Some practitioners choose to utilize a process
breakdown structure for these projects.
Question 8 1
/ 1 pts
The requirement for a freshly poured foundation to cure before beginning

construction is an example of which of the following type of lag?

Start to Start

Start to Finish

Finish to Finish
Correct!
Finish to Start

Any of these could be correct
There are situations in which the next activity in a sequence must

be delayed even when the preceding activity is complete. For
example, removing concrete forms cannot begin until the poured
cement has cured for two time units.
Question 9 1
/ 1 pts
A(n) _____________ calculates project duration.
Correct!
forward pass

backward pass

circular pass

complete enumeration

late finish
The forward pass calculates how soon an activity can start and
finish. It also calculates how soon the project will be finished.
Question 10 1
/ 1 pts
Which of the following represents an activity on an activity-on-node (AON)

project network?

An arrow

A line
Correct!
A node

Both an arrow and a line

An arrow, a line and a node all represent activities
The two approaches used to develop project networks are known

as activity-on-node (AON) and activity-on-arrow (AOA). Both
methods use two building blocks—the arrow and the node. Their
names derive from the fact that the former uses a node to depict
an activity.
Question 11 1
/ 1 pts
One of the items included on a project scope statement or checklist is the

review with the customer.
Correct!
True

False
The project objective, deliverables, milestones, technical

requirements, limits and exclusions and customer reviews are all
included in the project scope statement or checklist.
Question 12 1
/ 1 pts
When completing a backward pass, you carry the LS to the next

preceding activity to establish the LF, unless the next preceding activity is
a burst activity, in which case you select
Correct!
the smallest LS of all its immediate successor activities to establish the LF.

the largest ES of all its immediate successor activities to establish the LF.

the average LS of all its immediate successor activities to establish the LF.

the smallest ES of all its immediate successor activities to establish the LF.

the largest LS of all its immediate successor activities to establish the LF.
When completing a backward pass, you carry the LS to the next

preceding activity to establish the LF, unless the next preceding
activity is a burst activity, in which case you select the smallest LS
of all its immediate successor activities to establish the LF.
Question 13 1
/ 1 pts
Information to develop a project network is collected from the

Correct!
work breakdown structure.

budget.

project proposal.

The project network is developed from the information collected for

the work breakdown structure (WBS) and is a graphic flow chart of
the project job plan.
Question 14 1
/ 1 pts
Which of the following terms best describes extra money in the project budget to be used
if necessary - usually if a risk event occurs?
Correct!
reserve

insurance

padding

discretionary fund
Question 15 1
/ 1 pts
The tendency for the project deliverables to expand over time-usually by


Scope erosion.
Correct!
Scope creep.

Project bloat.

Scope enhancement.

Project add-ons.
The tendency for the project scope to expand over time-usually by

scope creep. Scope creep can be reduced by carefully writing your
scope statement.
Question 16 1
/ 1 pts
The component of the project management plan that describes how project costs will be
planned, structured and controlled is called the project financial plan.

True
Correct!
False
Question 17 0
/ 1 pts
One piece of information that the arrows within the Activity-on-Node

network can convey is

the duration of an activity.
ou Answered
the amount of risk inherent in an activity.
orrect Answer
how activities are related.

ES and EF for the activity.

LS and LF for the activity.
Arrows within an Activity-on-Node network convey relationship and

the sequence in which the activities need to be accomplished.
Question 18 1
/ 1 pts
Which of the following correctly calculates the late start for an activity?

EF - DUR

ES - DUR
Correct!
LF - DUR

ES - SL

LF - SL
You subtract activity times along each path starting with the project
end activity (LF - DUR = LS).
Question 19 1
/ 1 pts
A(n) ________ activity has more than one successor activity.

parallel

merge
Correct!
burst

critical

dangling
Burst activity has more than one activity immediately following it

(more than one dependency arrow flowing from it).
Question 20 0
/ 1 pts
Inflating the value of future revenue and cost streams to account for the time value of
money enables better project decisions.
ou Answered
True
orrect Answer
False
Quiz Score:
17 out of 40
11/4/21, 8:53 AM Midterm Examination- Part 2 (Problems): BMA_4102 : Project Management
Midterm Examination- Part 2 (Problems)

Due
Nov 4 at 9am
Points
10
Questions
10
Available
about 1 hour
Time Limit
90 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1 35 minutes 8 out of 10

8 out of 10
Question 1 0
/ 1 pts
The following information is available for ABC Company for the current
period:
What is the early finish of activity B?

13
orrect Answer
18

10
ou Answered
15
Question 2 0
/ 1 pts
The following information is available for ABC Company:
What is the expected duration to complete the project?

10
ou Answered
other answer
orrect Answer
43

33
Question 3 1
/ 1 pts
Compute for the slack of activity E:
Correct!
1

other answer

2

0
Question 4 1
/ 1 pts
For this number only, let us assume that the relationship of activity D and F is
SS, then what is the duration of the project?

43

33
Correct!
35

other answer
Question 5 1
/ 1 pts
What is the slack of activity B?

2
Correct!
3

1

4
Question 6 1
/ 1 pts
The expected time of activity B is:
Correct!
4

7

10

other answer
Question 7 1
/ 1 pts
The following are available for ABC Company:
What is the expected duration of the project (figure 2)?

43

30
Correct!
73

other answer
Question 8 1
/ 1 pts
Which of the following activities is within the critical path?

E

B
Correct!
C

G
Question 9 1
/ 1 pts
What is the probability of finishing the project within 70 days?

-50%

50%

95%
Correct!
31%
Question 10 1
/ 1 pts
What is the slack of activity G?

0

2

3
Correct!
8
Quiz Score:
8 out of 10

Due
Nov 4 at 9am
Points
10
Questions
10
Available
about 1 hour
Time Limit
90 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1

8 out of 10
Question 1 1
/ 1 pts
period:

15
Correct!
18

10

13
Question 2 1
/ 1 pts

10

33

other answer
Correct!
43
Question 3 1
/ 1 pts
Correct!
1

0

other answer

2
Question 4 0
/ 1 pts
For this number only, let us assume that the relationship of activity D and
F is SS, then what is the duration of the project?
ou Answered
33
orrect Answer
35

43

other answer
Question 5 0
/ 1 pts

4
ou Answered
1

2
orrect Answer
3
Question 6 1
/ 1 pts
Correct!
4

other answer

10

7
Question 7 1
/ 1 pts


other answer

43
Correct!
73

30
Question 8 1
/ 1 pts

E

B

G
Correct!
C
Question 9 1
/ 1 pts
Correct!
31%

-50%

95%

50%
Question 10 1
/ 1 pts

2

0

3
Correct!
8
Quiz Score:
8 out of 10

Due
Nov 4 at 9am
Points
10
Questions
10
Available
about 1 hour
Time Limit
90 Minutes
Attempt History
Attempt Time Score
LATEST Attempt 1

10 out of 10
Question 1 1
/ 1 pts
period:

15

13

10
Correct!
18
Question 2 1
/ 1 pts

33

10

other answer
Correct!
43
Question 3 1
/ 1 pts

2

0

other answer
Correct!
1
Question 4 1
/ 1 pts
For this number only, let us assume that the relationship of activity D and
F is SS, then what is the duration of the project?
Correct!
35

other answer

43

33
Question 5 1
/ 1 pts

1

2
Correct!
3

4
Question 6 1
/ 1 pts

other answer

7
Correct!
4

10
Question 7 1
/ 1 pts

30

43

other answer
Correct!
73
Question 8 1
/ 1 pts

E

G
Correct!
C

B
Question 9 1
/ 1 pts
Correct!
31%

50%

95%

-50%
Question 10 1
/ 1 pts

2

3

0
Correct!
8
Quiz Score:
10 out of 10

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11/4/21, 8:55 AM Midterm Examination-Part 1: BMA_4102 : Project Management

* Some questions not yet graded

Score for this quiz:

Process projects are driven by performance requirements and not

Straight definition of a Burst Activity.

"Reviews with customer" only refers to projects with external customers

Completion of the scope checklist ends with a review with your

A communication plan is a key component for giving guidelines on how to

Communication plans should also give guidance on coordinating

An element in the project that consumes time is a(n) ___________.

Activities (and tasks) are elements of the project that require or

The early finish for activity = ES + DUR.

If a project is small and does not require an elaborate system to assign

The responsibility matrix (sometimes called a linear responsibility

Question 15 Not yet graded

Analogous - Fastest method of estimation and it can be calculated with

Parametric - It make use of statistical tools or estimation of cost involved

Project scope describes what you expect to deliver to your customers

Project scope is a definition of the end result or mission of your

The documentation of a project cost estimate generally requires substantial supporting

Total slack or float for an activity is simply the difference between

On a project network, the activity times are derived from the

Work packages from the work breakdown structure (WBS) are

A project network provides the basis for

Score for this quiz:

Responsibility matrices are used primarily with small and medium-sized

If a project criterion should be optimized if at all possible, it is classified as

If a project criterion should be optimized if at all possible, it is

A project charter refers to a document that authorizes the project

The overall objective of the project must be established before

Which of the following is a good example of a Process Breakdown

The assumption that all immediately preceding activities must be 100%

down into smaller segments in order to start the succeeding activity

Under the finish-to-start relationship, when an activity has a long

The original parameter is fixed. The project must be completed for

A sequence of connected, dependent activities is termed a(n)

A path is a sequence of connected, dependent activities.

Responsibility matrices can help project managers depict who is

One of the items included on a project scope statement or checklist is the

The project objective, deliverables, milestones, technical

For which criterion is it tolerable or acceptable not to meet the

Information to develop a project network is collected from the

The project network is developed from the information collected for

Score for this quiz:

In practice, the outcome of this process is the organization

Which of the following does NOT help describe a project network?

The work breakdown structure (WBS) will highlight major

When translated into a project network, a work package will become

An activity that represents a major segment of work is a good example of a

A milestone is a significant event in a project that occurs at a point in

A communication plan should include limits on who has access to certain

A communication plan should contain what information needs to be

All of the following are usually included in a work package EXCEPT

The highest element in the hierarchical breakdown of the WBS is

On a project network, the activity times are derived from the

A Responsibility Matrix will clarify

This clarification will allow team members to better understand how

The early finish for activity = ES + DUR.

The lowest element in the hierarchical breakdown of the WBS is