Practice Questions

1. From the following table find the following 1) What is the duration for the critical path? 2) What is the float for the following activities C,D,E,F Activity A B C D E F G Answer: 1.) 2.B) 2.D) 2.A) 2.C) Predecessor Duration 3 5 A 8 B 5 D 4 C 7 E,F 2

2. You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic,48 days optimistic. What is the weighted average or expected value? A. 54 B. 66 C. 60 D. 30 Answer: c 3. If you know the expected value is 500 and the standard deviation is 12, you can say with Approximately a 95 percent confidence rating which of the following? A. The activity will take from 488 to 512 days. B. The activity will take from 464 to 536 days. C. The activity will take from 494 to 506 days. D. The activity will take from 476 to 524 days. Answer: b 4. If your expected value is 110 and the standard deviation is 12, which of the following is true? A. There is approximately a 99 percent chance of completing this activity in 86 to 134 days. B. There is approximately a 68 percent chance of completing this activity in 98 to 122 days. C. There is approximately a 95 percent chance of completing this activity in 98 to 122 days. D. There is approximately a 75 percent chance of completing this activity in 86 to 134 days. Answer: b

5. Youre managing a highway construction project. Your total budget is $650,000, and there are a total of 7,500 hours of work scheduled on the project. You check with your accounting department, and they tell you that youve spent a total of $400,000. According to the schedule, your crew should have worked 4,500 hours, but your foreman says that the crew was allowed to work some overtime, and theyve actually put in 5,100 hours of work. Calculate these Earned Value numbers: PV = 390000 EV = CV = BAC = AC = SV = SPI = CPI = 6. Your current project is an $800,000 software development effort, with two teams of programmers that will work for six months, at a total of 10,000 hours. According to the project schedule, your team should be done with 38% of the work. You find that the project is currently 40% complete. Youve spent 50% of the budget so far. Calculate these numbers: PV = EV = CV = BAC = AC = SV = SPI = CPI =