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PROJECT MANAGEMENT

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This comprehensive study guide covers the OMGT 5783 Project Management Midterm Examination. Topics include project cost estimation (direct, overhead, interaction & G&A costs), network scheduling & critical path method (CPM), predecessor/successor activities, top-down & bottom-up estimating, scope management, risk analysis, resource allocation, project planning techniques, and project control & performance measurement frameworks. All answers are verified and aligned with current OMGT 5783 course standards. Total: 123 pages · Academic Year 2025/2026 · Verified Edition

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Voorbeeld van de inhoud

GRADUATE SCHOOL OF MANAGEMENT · OPERATIONS & MANAGEMENT



OMGT 5783 · MIDTERM



PROJECT MANAGEMENT
ACTUAL MIDTERM EXAMINATION GUIDE
Complete Questions & Correct Detailed Answers (Verified)
Actual Exam · Newest Version · 2025/2026 · Brand New Edition



DOCUMENT DESCRIPTION

This comprehensive study guide covers the OMGT 5783 Project Management
Midterm Examination. Topics include project cost estimation (direct, overhead,
interaction & G&A costs), network scheduling & critical path method (CPM),
predecessor/successor activities, top-down & bottom-up estimating, scope
management, risk analysis, resource allocation, project planning techniques,
and project control & performance measurement frameworks.
All answers are verified and aligned with current OMGT 5783 course standards.
Total: 123 pages · Academic Year 2025/2026 · Verified Edition




✓ Cost Estimation ✓ Network Scheduling ✓ Project Control

Direct, overhead & interaction CPM, WBS & critical path Risk, scope & performance




123 100% 2025/2026
PAGES VERIFIED ANSWERS ACADEMIC YEAR



GRADUATE PROJECT MANAGEMENT EXAMINATION RESOURCE
Project Planning · Cost Management · Risk Analysis · Schedule Control




Prepared by: Dennis Muriuki · OMGT 5783 Project Management · Midterm Exam · 2025/2026
For Academic & Examination Use Only · All Content Verified

,1|Page




OMGT 5783 Project Management Midterm Actual
Exam Newest 2025/2026 Complete Questions And
Correct Detailed Answers (Verified Answers) |Brand
New Version!!

that are associated with time devoted to the coordination in meetings and briefings as well as
time necessary to resolve disconnects between tasks are known as ____________ costs.



a. general and administrative (G&A) overhead costs

b. things go wrong

c. direct

d. interaction

e. coordination - SOLUTION=d. interaction


The salary of the project manager and temporary rental space for the project team would be
classified as __________ costs.



a. interaction

b. general and administrative overhead

c. fixed

d. direct project overhead

e. direct - SOLUTION=d. direct project overhead


When someone uses experience and/or information from others to determine the project duration
and total cost, ____________ estimating is being used.

,2|Page

a. top-down

b. bottom-up

c. experiential

d. reference class
e. professional estimation - SOLUTION=a. top-down



Refining estimates may be necessary for a number of reasons. For example, people working on
prototype development needing time to interact with the design engineers after the design is
completed is a good example of


a. hidden interaction costs.

b. changes in project scope.

c. normal conditions not applying.

d. the customer not being clear about their expectations.

e. things going wrong on a project. - SOLUTION=a. hidden interaction costs.


Typical kinds of costs found in a project include all of the following EXCEPT



a. labor.

b. All of these are examples of costs found in a project.

c. general and administrative overhead costs.

d. project overhead costs.

e. direct costs. - SOLUTION=b. All of these are examples of costs found in a project.


________ activities must be completed immediately before a particular activity.



a. Burst

b. Predecessor

, 3|Page

c. Successor

d. Parallel

e. Merge - SOLUTION=b. Predecessor


On a project network, the activity times are derived from the



a. work packages.

b. project proposal.

c. budget.

d. responsibility matrix.

e. organization breakdown structure - SOLUTION=a. work packages.


A(n) ________ is the minimum amount of time a dependent activity must be delayed to begin or
end.


a. lag

b. wane

c. saunter

d. lead

e. hobble - SOLUTION=a. lag


Consider the following table of activities A through G in which A is the start node and G is the
stop node.


On a piece of scratch paper, draw the network associated with this table and determine the
following. What is the late start time for activity E (how late can activity E start?)? -
SOLUTION=

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