OPS 571 Week 4 Quiz

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