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1. STRAYER BUS 375 Final Exam Part 1 (2 Set) NEW
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• Question 1 Most of the scheduling methods
available today require the project manager to
classify the project as either _______ constrained or
______ constrained.
• Question 2 In reviewing the status of her project
with top management, Shirley was told that there
are only two programmers that she can use for her
project. Her project is classified as __________
constrained.
• Question 3 Gene is trying to order the concrete
needed to continue his project. However, the
supplier will not be able to deliver it until next
week. This is an example of what kind of resource
constraint?
• Question 4 Resources are adequate, but demand
varies widely over the life of the project. Delaying
noncritical activities to lower peak demand on

2. resources is known as resource
• Question 5 All resource leveling techniques
involve
• Question 6 When a company will reduce the
number of projects they have to manage internally
to only core projects and send noncritical projects
to contractors and consulting firms this is called
• Question 7 Tony has realized that two activities
in his project cannot be done at the same time
because not enough resources are available.
Activity 3 is critical and has a duration of 5 days.
Activity 4 has 2 days of slack and a duration of 2
days. How will he decide which activity should be
scheduled first?
• Question 8 Which of the following is NOT a
potential consequence of failing to identify limited
resources before project implementation?
• Question 9 In a Project Cost-Duration Graph,
total project costs are a sum of
• Question 1 0 The direct cost for completing an
activity in the shortest time it can realistically be
completed in is called its __________ cost.
• Question 11 Which of the following projects
would be least benefited if additional resources
were added?
• Question 12 It is going to cost $80,000 a day
simply to house and feed a construction crew in

3. the farthest reaches of northern Alaska. This
would be an example of a situation requiring
reducing the project duration due to
• Question 13 Which of the following is NOT
considered a project indirect cost?
• Question 14 When reducing project duration, the
duration for a project that is optimal is at the point
where
• Question 15 Before crashing, direct costs for an
activity represent normal costs, which typically
mean low-cost, efficient methods for completing
the activity in a(n) ________ amount of time.
• Question 16 The shortest possible time an
activity can be completed realistically is called
___¬¬¬_____ time.
• Question 17 The attempt to recognize and
manage potential and unforeseen trouble spots
that may occur when a project is implemented is
known as
• Question 18 The cost impact of a risk event
occurring as a project proceeds through its life
cycle tends to
• Question 19 An uncertain event or condition
that, if it occurs, has a positive or negative effect on
project objectives is termed a
• Question 20 Organizations use __________ in
conjunction with work breakdown structures to

4. help management teams identify and eventually
analyze risk.
• Question 21 Which of the following is NOT one of
the steps in the risk management process?
• Question 22 The risk management tool that is
divided into three color-coded zones representing
major, moderate, and minor risks is the risk
• Question 23 _______________ focuses on how to
respond to events that have a positive impact on a
project.
• Question 24 Risks that can result in a system or
process that will not work are known as
• Question 25 Tools such as a risk assessment
form and a risk severity matrix are used to
Set 2
• Question 1 Ed is looking over the actual results
of projects and comparing them to what was
estimated. He notices that the projects that took
six months or longer to complete were noticeably
more off the estimates. Which of the following
factors is he recognizing?
• Question 2 The salary of the project manager
would be an example of what type of cost found in
a project?
• Question 3 Which of the following does NOT help
describe a bottom-up estimating approach?

5. • Question 4 Which of the following would best
represent direct project costs?
• Question 5 Accounting would be an example of
which of the following costs typically found in a
project?
• Question 6 Which of the following is a good
condition for top-down estimating?
• Question 7 Which of the following methods is
NOT considered a top-down approach to
estimating project time and cost?
• Question 8 Which of the following top-down
methods is used when projects closely follow past
projects in regard to features and costs of those
features, and result in costs being assigned by
percentages to major segments of the project?
• Question 9 What is the relationship between
organizational culture and estimating?
• Question 10 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
• Question 11 Which of the following describes the
consensus method?
• Question 12 Rob is responsible for estimating a
work package that has a significant amount of
uncertainty associated with the time and cost to

6. complete. Due to the uncertainty involved he will
be making a low, an average and a high estimate.
Rob is using which estimating approach?
• Question 13 Companies are using which of the
following for improving the estimating process for
future projects?
• Question 14 Tom is responsible for ordering
hardware for a custom home his company is
building. The contractor installing the hardware is
scheduled to start in 5 working days, but the
hardware is on backorder and will not arrive for
another 9 working days. Fortunately, Tom has 10
days of slack; however, he shares this slack with
the hardware installer. He will have to let the
contactor know that the hardware will be ready 4
days later than expected and that the slack for the
installer has been reduced by 4 days. Tom and the
installer share 10 days of
• Question 15 Which of the following correctly
calculates the late start for an activity?
• Question 16 System documentation cannot end
until three days after testing has started. This is an
example of which kind of lag?
• Question 17 If testing cannot be completed any
earlier than four days after the prototype has been
built, what type of lag exists?
• Question 18 Which of the following does NOT

7. help describe a project network?
• Question 19 Information to develop a project
network is collected from the
• Question 20 ________ activities are to be completed
immediately following a particular activity.
• Question 21 A(n) _________ activity has more than
one dependency arrow flowing from it.
• Question 22 The likelihood the original critical
path(s) will change once the project is initiated is
referred to as
• Question 23 A sequence of connected, dependent
activities is termed a(n)
• Question 24 The critical path in a project
network is the
• Question 25 Which of the following correctly
calculates the early finish for an activity?