Top-down estimates also called parametric estimates under


1. If the latest time you can start a task is five hours into the project, and the earliest time is three and a half hours into the project, how much slack (also called float) does the task have?

    a. 0.5 hours

    b. 1.5 hours

    c. 2.5 hours

    d. 8.5 hours

2. Top-down estimates (also called parametric estimates):

    a. Are based on historical trends

    b. Can be derived from the WBS

    c. Can be determined by analyzing work packages

    d. Provide accurate assessments of project costs

3. The resource planning tool that enables us to identify who we need to carry out what tasks is called:

    a. A resource Gantt chart

    b. A resource matrix (also called the responsibility chart)

    c. A resource ogive

    d. A resource loading chart (also called a resource histogram)

4. The critical path:

    a. Provides the duration of a project

    b. Has the shortest duration on a project

    c. Is the most expensive path to implement

    d. Contains the project's most significant tasks

5. Good functional requirements

    a. Describe how the deliverable should be developed

    b. Provide detailed technical insights into what the deliverable will do

    c. Describe what the deliverable looks like and what it should do

    d. Are created after development of the technical specifications

6. Under what conditions may a project manager accept a change request?

    a. If the request has no effect on project objectives, deadlines, or resources

    b. If the request has no effect on project objectives, although it has effects on deadlines and resources

    c. If the request is coming from a valued customer

    d. If the request is from the Chief Executive Officer

7. What is the function of a change control board (CCB) in configuration management?

    a. To assess the management impacts of change requests

    b. To initiate changes needed on the project

    c. To focus on the technical implication of change requests

    d. To approve change requests coming from senior management

8. A key characteristic of an effective project team is that:

    a. Members have graduate degrees in project management

    b. Members come from the same professional background

    c. Members see themselves as stakeholders in the project

    d. Members adhere to a prescribed pecking order

9. The type of management whose focus is on activities whose variances lie outside the acceptable range is:

    a. Management by Objectives

    b. Management by Exception

    c. Management by Walking Around

    d. Management by Control Limits

10. A work package is to be found at the summary level of the WBS.

    a. true

    b. false

11. Which of the following shows resource allocation over time?

    a. Resource Gantt chart

    b. Resource matrix

    c. S-Curve

    d. Resource leveling

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Operation Management: Top-down estimates also called parametric estimates under
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