Business Finance
Harold Washington College Ch 6 Project Time Management Quiz Questions

City Colleges of Chicago Harold Washington College

Question Description

Need help with my Management question - I’m studying for my class.

Answer 12 quiz questions

The name of the book:Project Management Institute, A Guide to the Project Management Body of Knowledge, SIXTH Edition, PMI Publications, Pennsylvania, 2017. ISBN: 978-1-62825-184-5

The quiz on Chapter 6# only.

I attached the questions below and digram that might help

Unformatted Attachment Preview

Question 1 When using the "% Complete" field within your project schedule as a form of schedule control, identify an industry "best practice" method for defining the "% Complete" amount. (Hint: One of Andy's Rule of Thumb) Group of answer choices Use a simple method of 25% to indicate the task is in progress, 50% to indicate the task is about half way done, 75% to indicate the task is more than half way but not finished, and 100% to indicate the task is done. Use the SPI value calculated automatically by MS Project and identify the % complete based upon the following: 25% if the SPI is less than or equal to .49, 50% if the SPI is between .50 and .74, 75% if the SPI value is between .75 and .99, and 100% when the SPI value equals 1. Calculate the number of days that have actually elapsed for that task and compare that against the number of days it should have taken to come up with % complete for where you are at that point in time. Using the earned value method of calculating time expenditures, enter the value that is based upon the % of value earned up to that point. Use a multi-variant calculation to define the exact hours spent on the project up to that point to ensure that everything will match exactly to the hours planned versus the actual hours used. Question 2 Select from the list below the ONE RESPONSE that BEST describes what it means to baseline a schedule? Group of answer choices A schedule baseline is the current state of the project that is frozen and nothing can be changed. A schedule baseline is a snapshot of the project that is taken at that point so that as changes occur and updates to the completion percentages are made, measurements of actual versus planned values can be seen. There is no real significance in baselining a schedule. A schedule baseline is a snapshot of the project that is taken at that point and any actual percent complete value entries that may have been entered are automatically reset to what the plan value was so that accurate planned versus actual measurements can be made from that point on. Question 3 When entering the sequencing "task number" in the "predecessor" column in Microsoft Project, you may have seen a plus sign ( + ) along with a number of days (like you can see in Figure 6-11 on page 193 in the text). Select the ONE INCORRECT statement from the list below regarding the use of the "plus sign" technique when sequencing your project tasks. Group of answer choices Using the "plus sign" technique is the ONLY way that the "FS" sequencing designation letters will appear for a task. Using the "plus sign" technique causes there to be a "delay" in the sequencing between the two tasks by the number of days entered with the "plus sign". The "plus sign" technique can be used with all of the possible sequencing designations. Using the "plus sign" technique can ONLY be used with the "SS", "SF", or "FF" sequencing designations Question 4 Of the 4 types of sequencing techniques, identify the ONE technique that is NOT NORMALLY USED in actual project management practice. Group of answer choices Finish-to-start (FS) Finish-to-finish (FF) Start-to-start (SS) Start-to-finish (SF) Question 5 When looking at the activities diagram included for this quiz, which activities are on the critical path? (Hint: Remember what the definition of the critical path is, and what information you need to be able to calculate the critical path.) Group of answer choices B-E-H A-D-F-E-H B-D-E-H B-G B-D-F-E-H B-D-H A-D-E-H A-D-H B-C-F-E-H It cannot be determined Question 6 There are 4 distinct "real world" steps used to take your "concept" for a project and turn it into an actual "schedule." Using the guidance from our class discussions and the "Chapter 6 Insights" document, identify the SECOND step from the list of possible actions below. Group of answer choices Assign the resources to each and every actionable task Identify all of the tasks Identify all of the proper durations for all of the tasks Sequence the tasks so that you have no resource overallocation Question 7 When looking at the activities diagram included for this quiz, identify the correct number of logical dependencies. Group of answer choices 14 8 It cannot be determined 10 19 17 15 12 Question 8 When reviewing the task activity diagram included for this quiz, identify the correct number of discreet activities that are contained within this example. Group of answer choices It cannot be determined 10 8 9 7 Question 9 There are 4 distinct "real world" steps used to take your "concept" for a project and turn it into an actual "schedule." Using the guidance from our class discussions and the "Chapter 6 Insights" document, identify the FIRST step from the list of possible actions below. Group of answer choices Identify all of the tasks Assign the resources to each and every actionable task Sequence the tasks so that you have no resource overallocation Identify all of the proper durations for all of the tasks Question 10 There are 4 distinct "real world" steps used to take your "concept" for a project and turn it into an actual "schedule." Using the guidance from our class discussions and the "Chapter 6 Insights" document, identify the THIRD step from the list of possible actions below. Group of answer choices Identify all of the proper durations for all of the tasks Sequence the tasks so that you have no resource overallocation Identify all of the tasks Assign the resources to each and every actionable task Question 11 There are 4 distinct "real world" steps used to take your "concept" for a project and turn it into an actual "schedule." Using the guidance from our class discussions and the "Chapter 6 Insights" document, identify the FOURTH step from the list of possible actions below. Group of answer choices Assign the resources to each and every actionable task Identify all of the proper durations for all of the tasks Sequence the tasks so that you have no resource overallocation Identify all of the tasks Question 12 Even though Microsoft Project can support the "overallocation" of resources by correctly calculating the total hourly costs (the "standard" rate and the "overtime" rate for the resource), select the ONE INCORRECT answer about overallocations in your project schedule from the list below. Group of answer choices The "Resource Usage" view can show the actual TASK and the actual DATE of the overallocation of a resource that has been overallocated. It is considered an industry "best practice" to not have any resource overallocations before you baseline your project. Overallocations can be seen in the "Information" column in Microsoft Project by the presence of a "little red person" icon. An "overallocation" of a resource means that the resource is "scheduled" to work more than 8 hours on a particular day. Overallocations can be seen in the "Resource Sheet" view by showing which resource is overallocated someone in the project. Overallocations enable the Project Manager to more accurately plan for the hours actually needed to complete a task. This is NOT one of the commonly used sequencing techniques How many “discreet activities” are there in this figure? How many “logical dependencies” are there in this figure? ...
Purchase answer to see full attachment
Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Attached.

GREEN=CORRECT

Question 1
When using the "% Complete" field within your project schedule as a form of schedule control,
identify an industry "best practice" method for defining the "% Complete" amount. (Hint: One of
Andy's Rule of Thumb)
Group of answer choices

Use a simple method of 25% to indicate the task is in progress, 50% to indicate the task is about
half way done, 75% to indicate the task is more than half way but not finished, and 100% to
indicate the task is done.

Use the SPI value calculated automatically by MS Project and identify the % complete based
upon the following: 25% if the SPI is less than or equal to .49, 50% if the SPI is between .50 and
.74, 75% if the SPI value is between .75 and .99, and 100% when the SPI value equals 1.

Calculate the number of days that have actually elapsed for that task and compare that against the
number of days it should have taken to come up with % complete for where you are at that point
in time.

Using the earned value method of calculating time expenditures, enter the value that is based
upon the % of value earned up to that point.

Use a multi-variant calculation to define the exact hours spent on the project up to that point to
ensure that everything will match exactly to the hours planned versus the actual hours used.

Question 2
Select from the list below the ONE RESPONSE that BEST describes what it means to baseline a
schedule?
Group of answer choices

A schedule baseline is the current state of the project that is frozen and nothing can be changed.

A schedule baseline is a snapshot of the project that is taken at that point so that as changes occur
and updates to the completion percen...

Purdue University

Anonymous
The tutor managed to follow the requirements for my assignment and helped me understand the concepts on it.

Anonymous
The tutor was knowledgeable, will be using the service again.

Anonymous
Awesome quality of the tutor. They were helpful and accommodating given my needs.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Questions
Related Tags