MISY 4350 Exam 2 questions with 100% correct answers graded A+ 2023/2024

MISY 4350 Exam 2 In a Gantt chart, thick black bars represent milestones achieved in a project. - correct answer False Which of the following techniques involve doing activities in parallel that one would normally do in sequence? - correct answer Fast tracking Which of the following is an output of schedule control? - correct answer Lessons-learned reports After working with key stakeholders to define activities and calculate their resources, the next process in project time management is to: - correct answer estimate the duration of activities _____ is the amount of time an activity can be delayed from its early start without delaying the planned project finish date. - correct answer Total slack A Tracking Gantt chart is based on the percentage of work completed for project tasks or the actual start and finish dates. - correct answer True A difference between the Program Evaluation and Review Technique (PERT) and critical path method (CPM) is that: - correct answer PERT uses different duration estimates whereas CPM uses one specific duration estimate In project time management, the ultimate goal of _____ is to provide a basis for monitoring project progress for the time dimension of the project. - correct answer developing a schedule The final process in project time management is developing the schedule. - correct answer False Critical chain scheduling assumes that resources multitask and maximizes multitasking. - correct answer False A disadvantage of using Gantt charts is that they do not provide a standard format for displaying planned project schedule information. - correct answer False The critical path is the _____ path through a network diagram, and it represents the _____ amount of slack or float. - correct answer longest; shortest The critical path on a project can change as the project progresses. - correct answer True In project time management, one should control the schedule before estimating the duration for each activity. - correct answer False The technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost is known as _____. - correct answer crashing The technique of fast tracking can result in lengthening the project schedule. - correct answer True Which of the following is a similarity between scope control and schedule control? - correct answer Both are portions of the integrated change control process under project integration management In a critical path analysis, the shortest path is what drives the completion date for the project. - correct answer False A backward pass through the network diagram determines the early start and early finish dates for each activity. - correct answer False _____ states that work expands to fill the time allowed. - correct answer Parkinson's Law The _____ for an activity is the latest possible time an activity might begin without delaying the project finish date. - correct answer late start date Knowing the amount of float allows project managers to know whether a project schedule is flexible. - correct answer True