Operations Management
2nd Edition
ISBN: 9781260484687
Author: CACHON, Gerard
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 19, Problem 4CQ
Summary Introduction
To determine: The correct statement regarding AON graph of a project.
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Which of the following statements is correct with respect to describing a Gantt chart?a. In a Gantt chart, activities with longer times are captured by bars that are longer alongthe x-dimension of the chart.b. In a Gantt chart, all activities have the same size of bars.c. In a Gantt chart, activities with longer times are captured by bars that are longer alongthe y-dimension of the chart.d. None of these statements is correct.
Project risk management involves:
O A. Analogous estimating, bottom-up estimating and parametric modelling
O B. Cost estimating, cost budgeting and cost control
O C. Risk identification, contingency budgeting and contracts management
O D. Net present value, return on investment and payback analysis
Which of the following statements is correct with respect to a dependency matrix?a. An activity can have multiple predecessor activities.b. An activity can have multiple successor activities.c. If an activity is a predecessor and a successor activity to another activity, the twoactivities are interdependent.d. All of these statements are correct
Chapter 19 Solutions
Operations Management
Ch. 19 - A project has four activities that take 4, 3, 6,...Ch. 19 - Consider the simple dependency matrix shown in...Ch. 19 - Consider a project with two activities that are...Ch. 19 - Prob. 4CQCh. 19 - Prob. 5CQCh. 19 - Prob. 6CQCh. 19 - Prob. 7CQCh. 19 - Prob. 8CQCh. 19 - Prob. 9CQCh. 19 - Prob. 10CQ
Ch. 19 - Consider two projects that have the same...Ch. 19 - Prob. 12CQCh. 19 - Prob. 13CQCh. 19 - Prob. 14CQCh. 19 - The key objectives of a project are given by a....Ch. 19 - Which of the following descriptions best captures...Ch. 19 - Prob. 1PACh. 19 - Prob. 2PACh. 19 - Prob. 3PACh. 19 - Prob. 4PACh. 19 - A project activity has an earliest completion time...Ch. 19 - What is the definition of the latest completion...Ch. 19 - Which of the following statements is correct with...Ch. 19 - A project consists of three tasks: A, B, and C....Ch. 19 - Prob. 9PACh. 19 - Prob. 10PACh. 19 - You manage a project with 10 activities....Ch. 19 - Which of the following activities is not part of...Ch. 19 - You have been asked by the CEO of your company to...Ch. 19 - BUILDING A HOUSE IN THREE HOURS Habitat for...Ch. 19 - BUILDING A HOUSE IN THREE HOURS Habitat for...
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- The critical path in a project is the sequence of activities that:a. has the shortest time.b. has the smallest number of activities.c. has the shortest budget.d. None of these statements is correct.arrow_forwardPart I. True/False Questions. (1) ______ A linear PMLC model consists of a number of dependent phases that are executed in a sequential order with no feedback loops. (2) _____ The purpose of the planning process group is to develop and gain approval of a general statement of the goal and business value of the project. (3) ______ Estimating the total cost of the work belongs to the launching process group. (4)_______Excellent time management in project management requires the planning, scheduling, monitoring and controlling of all project activities. (5) _______Databases belong to the electronic communications management. (6) _______A requirement is a desired end-state whose successful integration into the solution meets more than one needs and delivers specific, measurable, and incremental business value to the organization. (7) _______Functional requirements specify what the product or service must do. (8) _____The work breakdown structure is a hierarchical description…arrow_forwardI. MULTIPLE CHOICE . Which of the following statements concerning CPM activities is false?. A. The late finish is the earliest of the late start times of all successor activities. 1. B. The late start of an activity is its late finish less its duration. C. The early start of an activity is the latest early finish of all preceding activities. D. The late finish of an activity is the earliest late start of all preceding activities. E. The early finish of an activity is the early start of that activity plus its duration. 2. Which of the following would not be an operations function in a fast-food restaurant? A. designing the layout of the facility B. advertising and promotion C. maintaining equipment D. making hamburgers and fries E. purchasing ingredients 3. Which of the following is not a reason for globalizing operations? A. reduce costs B. improve the supply chain C. stockholder approval ratings D. attract new markets E. provide better goods and service An activity on a PERT network…arrow_forward
- 27. Includes who, what, where, and how a program is set up and run A. Program Pre planning B. Program Implementation C. Program Planning D. Program Evaluation E. None of the above 28. Complementing process in order to improve health and quality of life A. Program Pre planning B. Program Implementation C. Program Planning D. Program Evaluation E. None of the above 29. A multi-step process that generally begins with the definition of the problem and development of an evaluation plan A. Program Pre planning B. Program Implementation C. Program Planning D. Program Evaluation E. None of the above 30. Describe the actions or activities involved in achieving a goal A. Mission statement B Vision Statemontarrow_forwardAccording to the 66178 standard, it is vital that improvement projects a. incude external advisors in order to give the broadcast possible view of the project b. seek to introduce the timescales in order to optimize the time variable c. involve all members of the organization who have any links to the processarrow_forwardWhich statement best describes the difference between the "early bird" and the "balancing act" time management styles? A.The early bird starts projects as soon as they are assigned; the balancing act starts projects the day before they are due B.The early bird completes projects before the deadline; the balancing act starts projects just before the deadline C.The early bird starts projects as soon as they are assigned; the balancing act thinks about projects a little longer before starting D.The early bird eats the worm; the balancing act shares it with his friendsarrow_forward
- A bar chart shows the number and type of resources you need throughoutyour project is called a _______________.A. Organizational ChartB. Resource histogramC. Resource ScheduleD. Staffing Timetable You have identified an opportunity to potentially increase the project’s value.Which of the following is an example of enhancing that opportunity?A. By taking additional actions, you increase the potential reward without reducing itsprobabilityB. By forming a partnership with another company, the project’s value will increase forboth companiesC. By taking out insurance, you can reduce potential costs to the projectD. By documenting the opportunity in the register, you can keep track of it and ensureit gets exploitedarrow_forwardWhich of the following BEST describes when you perform the Monitor andControl Project Work process?A. As soon as every deliverable is completedB. Continuously throughout the projectC. At scheduled milestones or intervals during the projectD. At the end of every project phase Which of the following is NOT an output of Monitor & Control ProjectWork?A. Requested changesB. Recommended defect repairC. Recommended preventive and corrective actionsD. Approved changesarrow_forwardProject scope (Per Chapter 4, this should be more detailed than the proposal scope)a. Project Objectivesb. Customer Requirementsc. Project Statement of Work (Tasks)d. Project Deliverablese. Project Acceptance/Success Criteria2. Provide Estimated Number of Workers Needed to Complete Project and their responsibilitiesa. Develop fictional people with professions needed to complete the project3. Provide a Task List/Work Breakdown Structure to divide the project into piecesa. Use graphical structure from pages 114-115 in text 4. Provide a Network Diagram for your project with estimated activity durations for each step. 5. Using a Project Schedule similar to page 161 in the text, provide a schedule for the project if wewere to start on June 1st, i.e. estimated time to completion and time to complete various tasksa. Need Earliest Start/Finish and Latest Start/Finish Calculations, and Slackb. Identify the Critical Path in your project6. Provide any risks that your team believes the…arrow_forward
- What is programme management? O A. Defining all work that needs to be done to achieve all project deliverables O B. The management of projects exploiting synergies across projects in order to reduce overall costs O C. The management of projects or programmes and other work with a common strategic business purpose O D. The application of knowledge, skills, tools and techniques to satisfy stakeholder expectations from a project.arrow_forwardWhich of the following is NOT essential for the success of a project? a. Completed by the due date. b. Completed within budget. c. Completed as specified. d. Completed with profit. e. None of the above.arrow_forwardWhich of the following is NOT a tool or technique of Qualitative RiskAnalysis?A. Risk urgency assessmentB. Expected monetary value analysisC. Probability and impact matrixD. Risk categorization A new project management software tool has come onto the market. Youspend the weekend taking an online tutorial to learn about it. This is anexample of:A. Lessons learnedB. Not paying for copyrighted softwareC. Contributing to the project management body of knowledgeD. Enhancing personal professional competence Which of the following is NOT a tool in Risk Identification?A. Risk Urgency AssessmentB. BrainstormingC. Delphi techniqueD. SWOT Analysisarrow_forward
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