Quiz Activities Which Can Take Place At The Same Time Are Termed - 275 Words

Quiz: Activities Which Can Take Place At The Same Time Are Termed (Multiple Choice Questions Sample) Content: 1 Activities which can take place at the same time are termed Parallel activity. Merge activity. Burst activity. Critical path. Independent activity. 2 An uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives is termed a Random chance. Bad luck. Risk. Hazard. Disaster. 3 Based on the following, which event should you be most concerned about? Risk Event Likelihood Impact Bad weather 2 3 Design flaw 3 5 Accident 1 5 Shipment delay 2 2 Power outage 1 5 Accident Shipment delay Bad weather Power outage Design flaw 4 If, for some reason, the project must be expedited to meet an earlier date, which of the following actions would the project manager take first? Check to see which activities are on the critical path. Check to see which activities cost the least. Check to see which activities have the most slack. Check to see which activities have the highest risk. Check to see which activities have the longest duration. 5 Information to develop a project network is collected from the Budget. Organization breakdown structure. Responsibility matrix. Project proposal. Work breakdown structure. 6 One common mistake made early in the risk identification process is to Not consider all possibilities. Encourage participants be over optimistic. Give too much attention to past events. Support participants being over pessimistic. Focus on consequences and not on the events that could produce consequences. 7 Risks are evaluated in terms of Impact and cost. Likelihood and cost. Time and impact. Cost and schedule. Likelihood and impact. 8 The amount of time an activity can be delayed and yet not delay the project is termed Total slack. Free slack. Critical float. Slip pad. Float pad. 9 The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as Risk management. Contingency planning. Risk forecasting. Scenario analysis. Disaster protection. 10 The backward pass in project network calculations determines all of the following EXCEPT Earliest time an activity can finish. How long an activity can be delayed. Latest time an activity can begin. The critical path. Latest time an activity can finish. 11 The cost impact of a risk event occurring as a project proceeds through its life cycle tends to Remain about the same. Drop sharply and then level out. Rise sharply and then level out. Slowly rise. Slowly drop. 12 The critical path in a project network is the Longest path through the network. Shortest path through the network. Network path with the most difficult activities. Network path with the most merge activities. Network path using the most resources. 13 The forward pass in project network calculations determines all of the following EXCEPT Duration of the project. Earliest time an activity can finish. H...