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OPS 571 Week 4 Quiz

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Week 4 Quiz(All Answers are correct)

1 Consulting firms typically use which of the following techniques to plan and monitor the engagements of the firm or specific projects?

 

  • Materials requirements planning (MRP)
  • Quantitative layout
  • CPM/PERT
  • Qualitative forecasting

 

2 Which of the following would be the result of subdividing a project? 

  • Tasks
  • Job orders
  • Work events
  • Job categories

 

 

3 A work breakdown structure is

 

  • a Cost and Performance tracking schedule
  • a hierarchy of tasks, subtasks, and work packages
  • a structure that is incompatible with the Critical Path Method
  • a simple list of the activities making up a project

 

 

 

4 A Responsibility Chart specifically identifies which of the following?

  • Commitment to quality
  • Planning the tasks for a project
  • Customer satisfaction
  • Level of inventory

 

5 At the onset, a project originates as which of the following? 

 

  • A series of milestones
  • Critical path method (CPM)
  • A statement of work (SOW
  • A Gantt chart

6 The vertical axis on a Gantt chart is usually which of the following?

  • Time
  • Profit
  • Activities
  • Cost

7 Which of the following identifies a key principle of Reengineering?

·         Downsize (lay-off) workers and do the same amount of work as before.

·         Merge information-processing work into the real work that produces the information.

·         Capture information both at the source and where it is interpreted.

·         Organize around tasks.

8 An example of a graphic project report utilized within project management is:

 

  • Humphrey chart
  • Equipment and supplies chart
  • Project proposal
  • Cost and performance tracking schedule

 

9 Which project progress technique includes the essential features of a project plan, budgeted cost of work scheduled and budgeted cost of work performed?

  • Earned value management
  • Critical path method
  • Gantt chart
  • Cost analysis
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