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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