MQM EXAM REVIEW QUESTIONS WITH
ACCURATE SOLUTIONS 2026
▶ You have just used the network planning model for a county road
resurfacing project and found the critical path length is 40 days and the
standard deviation of the critical path is 10 days. Suppose you want to pick
a time (in days) within which you will complete the project with 90%
confidence level. What should be that time (in days and round to the
nearest whole number)? Answer: 53
First find the Z-value corresponding to 90% confidence level, (using
=normsinv(0.9) function) which will be 1.2815. Time (X) = µ + Z × σ, that is
40 + 1.2851 × 10 = 52.81, rounded to 53 days.
▶ The Gantt chart is an example of a project control chart. Answer: True
▶ One of the disadvantages of a pure project organizational structure is
that the project manager has full authority over the project. Answer: False.
Listed as an advantage
▶ The term "assembly line" refers to progressive assembly linked by some
material handling device. Answer: True
▶ A make-to-order firm will work with the customer to design the product
and then make it from purchased materials, parts, and components.
Answer: False
▶ Which of the following is not considered a major workflow structure?
Answer: Fabrication
▶ A difference between project and continuous flow categories of process
flow structures is which of the following? Answer: The size and bulk of the
product
▶ Assume a fixed cost for a process of $15,000. The variable cost to
produce each unit of product is $10, and the selling price for the finished
product is $25. Which of the following is the number of units that has to be
produced and sold to break even? Answer: 1,000 Units
ACCURATE SOLUTIONS 2026
▶ You have just used the network planning model for a county road
resurfacing project and found the critical path length is 40 days and the
standard deviation of the critical path is 10 days. Suppose you want to pick
a time (in days) within which you will complete the project with 90%
confidence level. What should be that time (in days and round to the
nearest whole number)? Answer: 53
First find the Z-value corresponding to 90% confidence level, (using
=normsinv(0.9) function) which will be 1.2815. Time (X) = µ + Z × σ, that is
40 + 1.2851 × 10 = 52.81, rounded to 53 days.
▶ The Gantt chart is an example of a project control chart. Answer: True
▶ One of the disadvantages of a pure project organizational structure is
that the project manager has full authority over the project. Answer: False.
Listed as an advantage
▶ The term "assembly line" refers to progressive assembly linked by some
material handling device. Answer: True
▶ A make-to-order firm will work with the customer to design the product
and then make it from purchased materials, parts, and components.
Answer: False
▶ Which of the following is not considered a major workflow structure?
Answer: Fabrication
▶ A difference between project and continuous flow categories of process
flow structures is which of the following? Answer: The size and bulk of the
product
▶ Assume a fixed cost for a process of $15,000. The variable cost to
produce each unit of product is $10, and the selling price for the finished
product is $25. Which of the following is the number of units that has to be
produced and sold to break even? Answer: 1,000 Units
