Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 88 pages
Exam (elaborations)

SCM 300 Exam 3 Prep 2026–2027 | 200 Practice Questions with Answers & Explanations | Supply Chain Management | ASU

Document preview thumbnail
Preview 4 out of 88 pages

SCM 300 Exam 3 Prep 2026–2027 | 200 Practice Questions with Answers & Explanations | Supply Chain Management | ASU

Content preview

SCM 300 Exam 3 ASU Davila 2026/2027 Practice Questions
and 100% Correct Answers

Module 9: Project Management Foundations (Questions 1–40)



1. What are the four steps of project management according to the SCM 300 course?

- A. Plan, Organize, Lead, Control

- B. Define the Project, Establish Project Priorities, Work Breakdown Structure, Track Project Progress

- C. Initiate, Plan, Execute, Close

- D. Scope, Schedule, Budget, Quality



Answer: B. Define the Project, Establish Project Priorities, Work Breakdown Structure, Track Project
Progress



Explanation: The four steps taught in SCM 300 for project management are: (1) Define the project—
objectives and deliverables, (2) Establish project priorities—cost, time, performance triangle, (3) Work
breakdown structure—break work into smaller units, and (4) Track project progress—using AON
diagrams. These steps provide a structured approach to managing any project.



2. What three elements make up the project priorities triangle?

- A. Quality, Risk, Resources

- B. Cost, Time, Performance

- C. Scope, Schedule, Stakeholders

- D. Input, Process, Output



Answer: B. Cost, Time, Performance



Explanation: The project priorities triangle consists of cost, time, and performance. These three
elements are constantly in tension—focusing more on one pushes you further away from the others.
You cannot fully optimize all three simultaneously.

,3. What are project objectives?

- A. The list of team members and their roles

- B. Measurable goals, expectations, or desired outcomes in budget, time, performance, and quality

- C. The final products delivered to the client

- D. The timeline for each task



Answer: B. Measurable goals, expectations, or desired outcomes in budget, time, performance, and
quality



Explanation: Project objectives are specific, quantifiable targets that define what success looks like. They
include measurable goals related to budget, timeline, performance standards, and quality metrics.
Objectives help guide decision-making throughout the project lifecycle.



4. What are project deliverables?

- A. The budget allocated for the project

- B. Description of services/products to be delivered, including presentations, research, physical items,
or intangible outputs

- C. The names of team members responsible for each task

- D. The project's start and end dates



Answer: B. Description of services/products to be delivered, including presentations, research, physical
items, or intangible outputs



Explanation: Deliverables are the tangible or intangible outputs produced during or at the completion of
a project. They can include presentations, data reports, physical products, software applications, or
other specified outcomes that must be delivered to stakeholders.



5. What is a project milestone?

- A. The total budget for the project

- B. The project's final completion date

,- C. A specific event in a project, such as a decision date, start of a phase, end of a phase, or deadline

- D. The list of all project risks



Answer: C. A specific event in a project, such as a decision date, start of a phase, end of a phase, or
deadline



Explanation: Milestones are significant checkpoints or events that mark important progress points in a
project. They help track progress, establish deadlines, and ensure the project remains on schedule.
Examples include key decision points, phase completions, or critical approval dates.



6. What does AON stand for in project management?

- A. Activity of Node

- B. Activity on Node

- C. Action on Network

- D. Assignment of Nodes



Answer: B. Activity on Node



Explanation: AON (Activity on Node) is a network diagramming technique where each activity in a
project is represented by a node (box or circle), and arrows show the dependencies between activities.
This visual representation helps identify the critical path, slack time, and project duration.



7. What is the critical path in an AON network diagram?

- A. The path with the most activities

- B. The longest path in terms of time through the AON network diagram

- C. The shortest path through the diagram

- D. The path with the highest cost



Answer: B. The longest path in terms of time through the AON network diagram

, Explanation: The critical path is the sequence of activities that takes the longest total time to complete
from project start to finish. This path determines the minimum possible project completion time.
Activities on the critical path cannot be delayed without delaying the entire project.



8. What is slack in project management?

- A. The amount of time an activity costs to complete

- B. The amount of time an activity or path can be delayed without impacting the length of the critical
path

- C. The amount of resources available for an activity

- D. The total project budget



Answer: B. The amount of time an activity or path can be delayed without impacting the length of the
critical path



Explanation: Slack (or float) refers to the amount of time an activity can be delayed without affecting the
overall project completion date. Activities on the critical path have zero slack, while non-critical activities
have positive slack, allowing for some schedule flexibility.



9. How do you calculate slack for an activity?

- A. Slack = Early Start – Early Finish

- B. Slack = Late Finish – Early Finish

- C. Slack = Late Start – Late Finish

- D. Slack = Total Duration – Critical Path Duration



Answer: B. Slack = Late Finish – Early Finish



Explanation: Slack can be calculated as Late Finish minus Early Finish, or Late Start minus Early Start. Any
activity with zero slack is on the critical path. Positive slack indicates the flexibility available for
scheduling that activity.



10. What does it mean to "crash" a project?

- A. To cancel the project entirely

Document information

Uploaded on
May 4, 2026
Number of pages
88
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$28.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
francisndungu1
5.0
(1)
Sold
7
Followers
0
Items
589
Last sold
3 days ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions