Slack is the amount of time an activity can be delayed without delaying the entire project. - correct
answer ✔✔True
Which of the following is NOT one of the phases of project management?
A.
controlling
B.
budgeting
C.
scheduling
D.
planning
E.
All of the above are project management phases. - correct answer ✔✔Budgeting
Which of the following statements concerning CPM activities is false?
A.
The early start of an activity is the latest early finish of all preceding activities.
B.
The late finish of an activity is the earliest late start of all preceding activities.
C.
The early finish of an activity is the early start of that activity plus its duration.
D.
The late start of an activity is its late finish less its duration.
E.
, The late finish is the earliest of the late start times of all successor activities. - correct answer ✔✔The
late finish of an activity is the earliest late start of all preceding activities.
The difference between AON and AOA networks is that:
A.
nodes consume no resources or time in AOA networks.
B.
both are acceptable in practice; however, Microsoft Project uses AON.
C.
AOA networks sometimes require dummy activities.
D.
nodes designate activities in AON, while arrows designate activities in AOA.
E.
All of the above are true. - correct answer ✔✔All of the above are true
The larger the number of periods in the simple moving average forecasting method, the greater the
method's responsiveness to changes in demand. - correct answer ✔✔False
One use of short-range forecasts is to determine:
A.
capital expenditures.
B.
planning for new products.
C.
research and development plans.
D.
facility location.
E.
job assignments. - correct answer ✔✔job assignments