Week 4 - Assignment - PM - 2024 - Solution
Week 4 - Assignment - PM - 2024 - Solution
a. 11, 30
b. 7, 24
c. 11, 24
d. 7, 36
Correct Answer: d
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QUESTION 2:
What is the slack time for Activity B given the activity times and precedence requirements
shown in the table?
a. 10
b. 9
c. 8
d. 7
Correct Answer: a
Justification: See below
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QUESTION 3:
Use the information in the table to determine the slack time for Activity B.
a. 6 days
b. 4 days
c. 2 days
d. 0 days
Correct Answer: a
Justification: Early Start (ES) and Early Finish (EF) for Activity B:
Activity B's predecessor is Activity A.
Duration of Activity A: 8 days.
Early Start (ES) for Activity A: 0 days.
Early Finish (EF) for Activity A = ES + Duration = 0 + 8 = 8 days.
Since Activity B starts right after Activity A finishes:
Early Start (ES) for Activity B = Early Finish (EF) for Activity A = 8 days.
Duration of Activity B is not given directly but is not needed to determine slack time
using ES and LS.
Late Start (LS) and Late Finish (LF) for Activity B:
Late Start (LS) for Activity B is given: 14 days.
Late Finish (LF) for Activity B is not given, but we don't need it to calculate slack time.
Calculate Slack Time:
Slack Time = LS - ES = 14 - 8 = 6 days.
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NPTEL Online Certification Courses
Indian Institute of Technology Kharagpur
A project manager has identified seven tasks and developed three-time estimates (all in days) of activities
of a project as indicated below:
QUESTION 4:
Find out the estimated time for activity A, D and G (Consider the nearest value)
a. 5, 12, 11
b. 4, 11, 12.17
c. 5, 14, 11
d. 5, 14, 12.17
Correct Answer: d
QUESTION 5:
Find out the variance for activity B, C and E (Consider the nearest value)
a. 0.111, 0.444, 1
b. 0.111, 1, 0.444
c. 0.444, 0.111, 1
d. 0.111, 0.444, 1.361
Correct Answer: a
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Indian Institute of Technology Kharagpur
Using this formula, Var (B) = 0.1111; Var (C) = 0.444; Var (E) = 1
QUESTION 6:
What is the probability that the project is completed in 32 days? (Consider the nearest value; Refer to the
standard normal distribution table)
a. 0.153
b. 0.210
c. 0.251
d. 0.280
Correct Answer: b
QUESTION 7:
Hammock activities are simply:
a. Another name of dependencies
b. An activity sequencing ladder
c. A means for disaggregating the project network into logical summaries
d. The shortest activity path through a network
Correct Answer: c
Justification: Hammock activities are used to summarize a group of related activities within a
project, allowing for better organization and reporting.
______________________________________________________________________________
NPTEL Online Certification Courses
Indian Institute of Technology Kharagpur
QUESTION 8:
The greatest project opportunity occurs when:
Correct Answer: a
Justification: The greatest project opportunity occurs when the project is in the conceive phase.
During this phase, there is the most flexibility to influence the project's direction, scope, and
goals, allowing for the identification and exploitation of opportunities before significant
resources are committed.
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QUESTION 9:
Which of the following is NOT one of the steps in the risk management process?
a. Risk response development
b. Risk assessment
c. Risk identification
d. Risk tracking
e. Risk response control
Correct Answer: d
Justification: The step "Risk tracking" is not typically listed as one of the main steps in the risk
management process. The primary steps generally include risk identification, risk assessment,
risk response development, and risk response control.
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NPTEL Online Certification Courses
Indian Institute of Technology Kharagpur
QUESTION 10:
_____________ is a measure of how easy it would be to notice that a risk event was going to occur in
time to take mitigating action, that is, how much warning you would have.
a. Detection difficulty
b. Impact scaling
c. Probability analysis
d. Awareness level
e. Warning assessment
Correct Answer: a
Justification: Detection difficulty is a measure of how easy it would be to notice that a risk
event was going to occur in time to take mitigating action, that is, how much warning you would
have.
QUESTION 11:
The risk associated with the unlikelihood that one of the key members will be struck by lightning would
most likely be handled by which of the following?
a. Mitigating
b. Retaining
c. Ignoring
d. Transferring
e. Avoiding
Correct Answer: b
Justification: The risk of a key member being struck by lightning is extremely rare and
unpredictable. Retaining the risk is the most practical approach, as it acknowledges the risk but
accepts it without expending unnecessary resources on unlikely events.
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