OSCM Exam 2 Questions with Correct Answers Latest Update 2025/2026
Project - Answers A series of related jobs usually directed toward some major output and
requiring a significant period of time to perform.
Project Management - Answers Planning, directing, and controlling resources (people,
equipment, material) to meet the technical, cost, and time constraints of a project.
Pure project - Answers A structure for organizing a project where a selfcontained team works
full time on the project.
Functional project - Answers In this structure, team members are assigned from the functional
units of the organization. The team members remain a part of their functional units and typically
are not dedicated to the project.
matrix project - Answers A structure that blends the functional and pure project structures. Each
project uses people from different functional areas. A dedicated project manager decides what
tasks need to be performed and when, but the functional managers control which people to use.
Project milestone - Answers A specific event in a project.
Work breakdown structure (WBS) - Answers The hierarchy of project tasks, subtasks, and work
packages.
Activities - Answers Pieces of work within a project that consume time. The completion of all
the activities of a project marks the end of the project.
Gantt chart - Answers Shows in a graphic manner the amount of time involved and the
sequence in which activities can be performed. Often referred to as a bar chart.
Earned Value Management (EVM) - Answers Technique that combines measures of scope,
schedule, and cost for evaluating project progress.
Critical path - Answers The sequence(s) of activities in a project that form the longest chain in
terms of their time to complete. This path contains zero slack time. It is possible for there to be
multiple critical paths in a project. Techniques used to find the critical path are called CPM, or
critical path method, techniques.
immediate predecessor - Answers Activities that need to be completed immediately before
another activity.
slack time - Answers The time that an activity can be delayed without delaying the entire project;
the difference between the late and early start times of an activity.
Early start schedule - Answers A project schedule that lists all activities by their early start times.
Late start schedule - Answers A project schedule that lists all activities by their late start times.
Project - Answers A series of related jobs usually directed toward some major output and
requiring a significant period of time to perform.
Project Management - Answers Planning, directing, and controlling resources (people,
equipment, material) to meet the technical, cost, and time constraints of a project.
Pure project - Answers A structure for organizing a project where a selfcontained team works
full time on the project.
Functional project - Answers In this structure, team members are assigned from the functional
units of the organization. The team members remain a part of their functional units and typically
are not dedicated to the project.
matrix project - Answers A structure that blends the functional and pure project structures. Each
project uses people from different functional areas. A dedicated project manager decides what
tasks need to be performed and when, but the functional managers control which people to use.
Project milestone - Answers A specific event in a project.
Work breakdown structure (WBS) - Answers The hierarchy of project tasks, subtasks, and work
packages.
Activities - Answers Pieces of work within a project that consume time. The completion of all
the activities of a project marks the end of the project.
Gantt chart - Answers Shows in a graphic manner the amount of time involved and the
sequence in which activities can be performed. Often referred to as a bar chart.
Earned Value Management (EVM) - Answers Technique that combines measures of scope,
schedule, and cost for evaluating project progress.
Critical path - Answers The sequence(s) of activities in a project that form the longest chain in
terms of their time to complete. This path contains zero slack time. It is possible for there to be
multiple critical paths in a project. Techniques used to find the critical path are called CPM, or
critical path method, techniques.
immediate predecessor - Answers Activities that need to be completed immediately before
another activity.
slack time - Answers The time that an activity can be delayed without delaying the entire project;
the difference between the late and early start times of an activity.
Early start schedule - Answers A project schedule that lists all activities by their early start times.
Late start schedule - Answers A project schedule that lists all activities by their late start times.
