gyu and hard mcps before midterm Flashcards
A major limitation of using Gantt charts for project management is that they do not:
a. Indicate all the major activities involved.
b. Indicate the closeout phase.
c. Show the timing of activities.
d. Show relationships among activities.
d. Show relationships among activities.
Project execution refers to the decision project managers sometimes have to make to cancel a project.
a. True
b. False
b. False
Which of the following is not likely to apply to team members from within an organization assigned to work on a project?
a. Be “on loan” from their regular jobs.
b. Only be involved for part of the time to complete the project.
c. Have only part-time responsibilities for the project.
d. No longer work for the organization once the project is completed.
d. No longer work for the organization once the project is completed.
he primary information that all Gantt charts document is:
a. Project activities and timing (duration and start/end points)
b. Project budgets and staffing for each activity
c. Three estimates of activity duration times (optimistic, most likely and pessimistic)
d. Project budgets and breakdown of activities
a. Project activities and timing (duration and start/end points)
Rolling wave planning is a technique for developing a project’s:
a. Total costs
b. Work breakdown structure
c. Critical path
d. Total amount of slack
b. Work breakdown structure
Controlling projects based on earned value analysis, a project experiencing a cost overrun would have a _______ cost variance equal to the actual costs minus ____________.
a. Positive; budgeted cost of work performed (BCWP)
b. Negative; budgeted cost of work scheduled (BCWS)
c. Positive; budgeted cost of work scheduled (BCWS)
d. Negative; budgeted cost of work performed (BCWP)
a. Positive; budgeted cost of work performed (BCWP)
In project management applications, clustering several “instruments” (e.g. summary reports) to provide executives with several high-level overviews of a project is referred to as:
a. windows
b. Pop-ups
c. dashboards
d. homepages
c. dashboards
Two examples of commercially available project management software are:
a. Microsoft Project and Deltek Enterprise Project Management (EPM)
b. Microsoft Project and PERT / CPM
c. Microsoft Excel and Deltek Enterprise Project Management (EPM)
d. Microsoft Excel and PERT / CPM
a. Microsoft Project and Deltek Enterprise Project Management (EPM)
Within operations, achieving the intended goals of quality and responsiveness refers to operational _____________.
a.
effectiveness
b.
processes
c.
efficiency
d.
systems
a.
effectiveness
An example of a quantitative approach to operations decision making would be;
Select one:
a.
Linear programming
b.
Trade-off analysis
c.
Establishing priorities
d.
Ethics
a.
Linear programming
Which of the following would not be considered a responsibility of operations managers?
Select one:
a.
Inventory control
b.
Scheduling a workforce
c.
Securing financing for a new production facility
d.
Selecting process technology
c.
Securing financing for a new production facility
What decision area of operations concerns the best arrangements for departments, machines and equipment in terms of workflow?
Select one:
a.
Layout
b.
Location
c.
Process design
d.
Product design
a.
Layout
For an airline company, deciding on the number of planes to acquire and where to use the planes involves what aspect of operations?
Select one:
a.
Capacity planning
b.
Scheduling
c.
Location of facilities
d.
Assuring service quality
a.
Capacity planning
Which decision area involves system design that has strategic, long term implications for operations?
Select one:
a.
Aggregate planning
b.
Capacity
c.
Inventory management
d.
Material requirements planning
b.
Capacity
Of the following, which is not considered to be one of the decision areas or characteristics of system design decisions?
Select one:
a.
Tactical control
b.
Long term
c.
Product design
d.
Strategic
a.
Tactical control
Who is the person that is referred to as the father of scientific management?
Select one:
a.
Henry Ford
b.
Adam Smith
c.
Frederick Taylor
d.
Frederick Hertzberg
c.
Frederick Taylor
Which of the following are steps for formulating an operations strategy?
I. Link the organizational goals to the operations strategy
II. Define the mission and values of the organization.
III. Conduct an audit to determine the strengths/weaknesses of the current operations strategy
IV. Assess the degree of focus at each plant.
Select one:
a.
I, II, III, and IV
b.
I and II only
c.
I, III, and IV only
d.
II, III, and IV only
e.
I, II, and III only
d.
II, III, and IV only
Even though labour cost as a proportion of total cost has been decreasing in manufacturing companies, labour productivity is still the main measure being used to gauge the performance of individuals and plants.
True
False
True
A mission statement should provide a guide for the formulation of strategies for the organization.
True
False
True
If you think of goals as destinations, then tactics are the roadmaps for reaching the destinations.
True
False
False
Which of the following is not considered to be one of responses for managing project risks?
Select one:
a.
Lessen the resources dedicated to monitoring project activities
b.
Outsourcing activities and requiring a performance bond
c.
Extending the schedule to create more slack in the project
d.
Improved communications among those involved in the project
a.
Lessen the resources dedicated to monitoring project activities
Rolling wave planning is a technique for developing a project’s:
Select one:
a.
Total costs
b.
Work breakdown structure
c.
Critical path
d.
Total amount of slack
b.
Work breakdown structure
Two examples of commercially available project management software are:
Select one:
a.
Microsoft Project and Deltek Enterprise Project Management (EPM)
b.
Microsoft Project and PERT / CPM
c.
Microsoft Excel and Deltek Enterprise Project Management (EPM)
d.
Microsoft Excel and PERT / CPM
a.
Microsoft Project and Deltek Enterprise Project Management (EPM)
Controlling projects based on earned value analysis, a project experiencing a cost overrun would have a _______ cost variance equal to the actual costs minus ____________.
Select one:
a.
Positive; budgeted cost of work performed (BCWP)
b.
Negative; budgeted cost of work scheduled (BCWS)
c.
Positive; budgeted cost of work scheduled (BCWS)
d.
Negative; budgeted cost of work performed (BCWP)
a.
Positive; budgeted cost of work performed (BCWP)
