OPS 571 Week 4 Quiz (All are correct)

OPS 571 Week 4 Quiz (All are correct)

1. A work breakdown structure is

a hierarchy of tasks, subtasks, and work packages

a Cost and Performance tracking schedule

a structure that is incompatible with the Critical Path Method

a simple list of the activities making up a project

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

Activities

Time

Cost

Profit

3. Which of the following identifies a key principle of Reengineering?

Organize around tasks.

Downsize (layoff) 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.

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

A Gantt chart

A series of milestones

Critical path method (CPM)

A statement of work (SOW)

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

CPM/PERT

Qualitative forecasting

Materials requirements planning (MRP)

Quantitative layout

6. A Responsibility Chart specifically identifies which of the following?

Planning the tasks for a project

Customer satisfaction

Commitment to quality

Level of inventory

7. Which of the following would be the result of subdividing a project?

Job orders

Work events

Job categories

Tasks

8. 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

Cost analysis

Gantt chart

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

Project proposal

Equipment and supplies chart

Humphrey chart

Cost and performance tracking schedule

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