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time management

Exam Questions
1. You’re managing a project, when your client tells you that an external problem happened, and
now you have to meet an earlier deadline. Your supervisor heard that in a situation like this, you
can use schedule compression by either crashing or fast-tracking the schedule, but he’s not sure
which is which. What do you tell him?
A.	
B.	
C.	
D.	

Crashing the project adds risk, while fast-tracking adds cost
When you crash a project, it always shortens the total duration of the project
Crashing the project adds cost, while fast-tracking adds risk
When you fast-track a project, it always shortens the total duration of the project

2. Given this portion of the network diagram to the right, what’s the ES of activity F?
A.	
B.	
C.	
D.	

9
10
12
13

ES = 7

10
11
16
17

ES = 17

EF = 26

D

...

G

LS = 3

LF = 4

ES = 10

3. Given this portion of the network
diagram to the right, what’s the LF of activity F?
A.	
B.	
C.	
D.	

EF = 9

...
LS = 17

LF = 26

EF = 12

ES = 17

EF = 19

LF = 4

LS = 11

F
H

E

...
LS = 3

...
LF = 13

4. You are managing a software project. Your QA manager tells you that you need to plan to have
her team start their test planning activity so that it finishes just before testing begins. But other
than that, she says it can start as late in the project as necessary. What’s the relationship between
the test planning activity and the testing activity?
A.	
B.	
C.	
D.	

Start-to-Start (SS)
Start-to-finish (SF)
Finish-to-Start (FS)
Finish-to-Finish (FF)

5. You’re managing an industrial design project. You’ve come up with the complete activity list,
created network diagrams, assigned resources to each activity, and estimated their durations.
What’s the next thing that you do?
A.	
B.	
C.	
D.	

Use Rolling Wave Planning to compensate for the fact that you don’t have complete information
Create the schedule
Consult the project scope statement and perform Sequence Activities
Use fast-tracking to reduce the total duration

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Exam Questions
6. Which of the following is NOT an input to Develop Schedule?
A.	
B.	
C.	
D.	

Activity list
Project schedule network diagrams
Resource calendars
Schedule baseline

7. Three members of your project team want to pad their estimates because they believe there are certain
risks that might materialize. What is the BEST way to handle this situation?
A.	
B.	
C.	
D.	

Estimate the activities honestly, and then use a contingency reserve to cover any unexpected costs
Allow more time for the work by adding a buffer to every activity in the schedule
Tell the team members not to worry about it, and if the schedule is wrong it’s okay for the project to be late
Crash the schedule

8. Which of the following tools is used for adding buffers to a schedule?
A.	
B.	
C.	
D.	

Three-point estimates
Critical chain method
Expert judgment
Critical path analysis

Name

A.	
B.	
C.	
D.	
A.	
B.	
C.	
D.	

6

A

4

B

8

D

A

1

E

D

1

F

E

2

G

Start

3

H

0
7
8
10

—

Start

C

10. What is the float for activity F in the activity list to the right?

—

A
B

Start-A-B-C-Finish
Start-A-D-E-F-Finish
Start-G-H-I-J-Finish
Start-A-B-J-Finish

Duration

Start

9. What is the critical path in the activity list to the right?

Predecessor

G

3

I

H

2

J

B, I

3

Finish

F, J, C

—

11. You’re managing an interior decoration project, when you find out that you need to get it done earlier than
originally planned. You decide to fast-track the project. This means:
A.	
B.	
C.	
D.	

Starting the project sooner and working overtime
Assigning more people to the tasks at a greater total cost, especially for activities on the critical path
Starting activities earlier and overlapping them more, which will cost more and could add risks
Shortening the durations of the activities and asking people to work overtime to accommodate that.

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time management

Exam Questions
12. Slack is a synonym for:
A.	
B.	
C.	
D.	

Float
Lag
Buffer
Reserve

13. You’re managing a construction project. You’ve decomposed work packages into activities, and
your client needs a duration estimate for each activity that you come up with. Which of the following
will you use for this?
A.	
B.	
C.	
D.	

Milestone list
Activity list
Critical path analysis
Project schedule network diagram

14. What’s the correct order of the Time Management planning processes?
A.	 Sequence Activities, Define Activities, Estimate Activity Resources, Estimate Activity Durations,
Develop Schedule
B.	 Define Activities, Sequence Activities, Develop Schedule, Estimate Activity Resources, Estimate
Activity Durations
C.	 Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations,
Develop Schedule
D.	 Develop Schedule, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate
Activity Durations
15. Which of the following is NOT a tool or technique used in Estimate Activity Durations?
A.	
B.	
C.	
D.	

SWAG Estimation
Parametric Estimation
Analogous Estimation
Three-Point Estimation

16. You’re managing a project to build a new project management information system. You work with
the team to come up with an estimate of 27 weeks. In the best case, this could be shortened by two
weeks because you can reuse a previous component. But there’s a risk that a vendor delay could cause
the project to be delayed by five weeks. Use PERT to calculate a three-point estimate for this project.
A.	
B.	
C.	
D.	

25.83 weeks
26 weeks
27.5 weeks
28.3 weeks

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exam questions

Exam Questions
17. Given the network diagram below, what’s the critical path?
A.	
B.	
C.	
D.	

Start-A-B-C-End
Start-A-D-G-End
Start-E-D-C-End
Start-E-F-G-End

18. For that same network diagram below, what’s the float for activity A?
A.	
B.	
C.	
D.	

0 weeks
1 week
2 weeks
4 weeks

19. For that same network diagram below, what’s the float for activity E?
A.	
B.	
C.	
D.	

0 weeks
1 week
2 weeks
4 weeks
3
B

6

4

A

C
2
D
End

Start
1
8

1

E

F

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G
time management

Exam Questions
20. You’re managing a software project, when your customer informs you that a schedule change is
necessary. Which is the BEST thing to do?
A.	
B.	
C.	
D.	

Consult the schedule management plan
Notify the team and the sponsor that there’s going to be a schedule change
Influence the factors that cause change
Refuse to make the change because there’s already a schedule baseline

21. Your company has previously run other projects similar to the one you’re currently managing. What is
the BEST way to use that information?
A.	
B.	
C.	
D.	

Check the organizational process assets for lessons learned and other information about the past projects
Use parametric estimation to estimate your project based on past projects’ performance
Start from scratch because you don’t want mistakes from past projects to influence you
Reuse the project management plan from a past project

22. You’re planning the schedule for a highway construction project, but the final date you came up with
will run into the next budget year. The state comes up with capital from a reserve fund, and now you can
increase the budget for your resources. What’s the BEST way to compress the schedule?
A.	
B.	
C.	
D.	

Go back to your three-point estimates and use the most optimistic ones
Use the extra budget to increase your contingency reserve
Hire more experts to use expert judgment so your estimates are more accurate
Crash the schedule

23. You’re managing a software project. You’ve created the schedule, and you need to figure out which
activities absolutely cannot slip. You’ve done critical path analysis, identifying the critical path and
calculating the early start and early finish for each activity. Which activities cannot slip without making the
project late?
A.	
B.	
C.	
D.	

The ones with the biggest difference between ES and LF
The activities on the critical path
The activity with the most lag
The last activity in the project, because it has no float

24. You’re managing a construction project. You’ve decomposed work packages into activities, and your
client needs a duration estimate for each activity that you came up with. Which of the following BEST
describes what you are doing?
A.	
B.	
C.	
D.	

Evaluating each activity to figure out how much effort it will take
Estimating the number of person-hours that will be required for each activity
Understanding, in calendar time, how long each activity will take
Estimating how many people it will take to perform each activity

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exam answers

Answers

Exam Questions
1. Answer: C

You’ll definitely get some questions that ask you about crashing and fast-tracking, and it’s important to know
the difference between them. When you crash the project, it means that you add resources to it, especially
to the critical path. There’s no real risk in doing that—in the worst-case scenario, the extra people just sit
around!—but it does cost more. Fast-tracking means adjusting the schedule so that activities overlap. The
same resources are doing the work, so it’s not going to cost more, but it’s definitely riskier, because now
you’ve eliminated buffers and possibly broken some dependencies! And remember that crashing or fasttracking won’t always work to make the project go faster!
2. Answer: D
Calculating the early start (ES) of an activity isn’t hard. All you need to do is look at the early finish (EF) of the
previous activity and add one. If there’s more than one predecessor, then you take the largest EF and add one.
In this case, the predecessors to activity F are D, with an EF of 9, and E, with an EF of 12. So the ES of F is
12 + 1 = 13.
3. Answer: A
It’s just as easy to calculate the late finish (LF). Look at the following activity, take its LS (late start), and
subtract one. If there’s more than one following activity, use the one with the lowest LS. So for activity F in the
question, the following activities are G, with an LS of 17, and H, with an LS of 11. So the LF of F is 11 - 1 = 10.
4. Answer: C
Don’t let the jargon fool you! You don’t need to know anything about software testing to answer this question.
When you have two activities, and the first activity has to be timed so that it finishes before the second one
starts, then you’ve got a Finish-to-Start relationship, or FS.
5. Answer: B

Did answer A trick you? No need for
rolling wave planning when you’ve got
enough info to define all the activities!

This is a Which-is-next question that describes a project that’s completed the Define Activities, Sequence
Activities, Estimate Activity Resources, and Estimate Activity Durations processes. The next process in Time
Management is Develop Schedule, which means that the next thing you do is create the schedule!

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Answers

time management

Exam Questions
6. Answer: D

The schedule baseline is an output of the Develop Schedule process, not an input. You should definitely
know what goes into the schedule baseline: it’s a specific version of the schedule that you set aside and
use for comparison later on, when you want to know if the project is running late.
I get it—we can use the
schedule baseline the same way that we
use the scope baseline! We take a snapshot
of it and then save it, so we can compare the
project’s performance against it later!

7. Answer: A
You always want to be honest with your estimates. Every project has unknowns and risks, and there’s no
way to estimate any activity exactly! Luckily, we have tools to deal with this. You can use reserve analysis,
a tool of Estimate Activity Durations, to come up with a contingency reserve that you can use to plan for
these risks.
8. Answer: B
Critical chain method is a technique that’s part of Develop Schedule that lets you figure out how to handle
the problems that come with having limited resources. You use it to shuffle both activities and resources
on your critical path. One important aspect of the critical chain method is that you can use it to add buffers
to the schedule to reduce the risk of certain activities.
9. Answer: A
When you draw out a network diagram for the activities in the table, you end up with four paths. And you
definitely should draw out the activity diagram for a question like this! You’re allowed to use scratch paper
on the exam, and this is one place where you should definitely do it. Of the four paths, only one has the
longest duration: Start‑A‑B‑C‑Finish, which has a duration of 6+ 4 + 8 = 18. That’s the critical path.

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Answers

Exam Questions
10. Answer: C

Activity F is in the path Start-A-D-E-F-Finish. This path has a duration of 6 + 1 + 1 + 2 = 10. The float of
an activity is the longest time it can slip before it affects the critical path. In this case, activity F can slip by
8 without causing the path that it’s on to go beyond the critical path. But any more than that, and its path
becomes the new critical path!
Don’t

forget
Did you notice answer A?
that the float of any activity in the
critical path is zero!

11. Answer: C

This is the definition of fast-tracking, and you’re probably getting the hang of this one by now. You may get
a question like this, but you’ll almost certainly see fast-tracking as an incorrect answer to several questions!
12. Answer: A
Remember that when you see “slack,” it’s the same thing as float. Either term could appear on the exam!
13. Answer: B

When a question asks what you’d use
a
it’s asking you to pick an input, tool, fortecprocess,
or hnique
that’s part of the process.

This question is asking about the Estimate Activity Durations process. Take a look at the answers—there’s
only one answer that’s used in that process: you need to start with the activity list in order to do the
estimates for the activities! The other answers are things that are inputs, tools, or techniques for other
processes.
14. Answer: C
It’s not hard to remember the order in which the Time Management processes are performed. If you use
a little common sense, you can reason your way through a question like this. You need to define your
activities before you can sequence them, you need to know who’s going to be doing an activity before you
can estimate how long it’s going to take, and you need to do all of that before you can build a schedule!
15. Answer: A

Control Schedule isn’t included in the list of proceses
because if a schedule change happens, you’ll have to
go back and revisit the other Time Management
processes. So it doesn’t have a specific order!

You’ll have to know the different kinds of estimating techniques for the exam. You don’t necessarily have
to be good at doing them, but you should recognize which are which. Parametric estimating is when you
plug values into a formula, program, or spreadsheet and get an estimate. Analogous estimating uses
similar activities from past projects to calculate new estimates. Three-point estimating uses an optimistic,
pessimistic, and realistic estimate.

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Answers

time management

Exam Questions
16. Answer: C

This question is asking you to apply the PERT three-point estimation formula: (Optimistic Time + 4 x Most Likely
Time + Pessimistic Time) ÷ 6. When a question gives you these values directly, it’s easy. But in this case, to
answer the question you had to figure out the values for the Optimistic Time and Pessimistic Time, which meant
that you needed to look at the assumptions that the team was making. The most likely time was given: 27 weeks.
The best case scenario would come in two weeks earlier, at 25 weeks, and the worst case would come in five
weeks late, at 32 weeks. So the estimate is (25 weeks + 4 x (27 weeks) + 32 weeks) ÷ 6 = 27.5 weeks.

Sometimes you’ll get a question about
applying a formula, but you’ll need
to read the text in the question to
figure out all of the variables

17. Answer: C

The path Start-E-D-C-End has a duration of 8 + 2 + 4 = 14, which is the longest total duration in the entire network.
18. Answer: B
Activity A is on three different paths: Start-A-B-C-End (13), Start-A-D-C-End (12), and Start-A-D-G-End (9). To
calculate its float, you take the longest path’s length and subtract it from the lenth of the critical path: 14 - 13 = 1.

on
Can you think of how a questiation
might quiz you on this inform look
without actually asking you to
at a network diagram?

It looks like there will be a
bunch of questions on the
critical path method! It’s a
good thing I’ve got so much
practice with it.

19. Answer: A
Since activity E is on the critical path, its float is zero, because the float of any activity on the critical path is zero.
20. Answer: A
The schedule management plan tells you how changes to the schedule are to be handled. Any time there’s a
change, the first thing you should do is consult the plan to see how it should be handled.

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Answers

Exam Questions
21. Answer: A

The organizational process assets contain historical information about past projects. When you write up your
lessons learned, or create work performance information, you store it in your company’s organizational process
asset library! Also, did you notice that answer B was the wrong definition of parametric estimation?
22. Answer: D
Crashing the schedule is the form of schedule compression that increases cost. This is a difficult question
because all of the answers sound good, and one or two are a little misleading! Don’t fall into the trap of
choosing an answer because you recognize a valid tool or technique in it. Reserve analysis and three-point
estimates are very useful techniques, but they’re not the answer to this question.
23. Answer: B
The critical path is the path in the network diagram where any delay will cause a delay in the schedule. These
are the activities that cannot slip without making the project late!
24. Answer: C
This question was really about the definition of “duration,” and the key to answering it is to understand how
duration is different from effort. The correct answer talks about “calendar time,” which is what a duration is: it’s a
measurement (or estimate) of how long the activity will take in real life, taking into account the number of people
who will be doing the work, the availability of the people and other resources, everyone’s vacation time, time
taken away from the schedule because people are pulled off of the activity to work on higher priority activities,
and other real-world factors. That’s different from effort (which is often measured in person-hours), and it’s
different from resource estimating (which involves estimating how many people and what other resources will
be used for the activity).

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Pmp6

  • 1. time management Exam Questions 1. You’re managing a project, when your client tells you that an external problem happened, and now you have to meet an earlier deadline. Your supervisor heard that in a situation like this, you can use schedule compression by either crashing or fast-tracking the schedule, but he’s not sure which is which. What do you tell him? A. B. C. D. Crashing the project adds risk, while fast-tracking adds cost When you crash a project, it always shortens the total duration of the project Crashing the project adds cost, while fast-tracking adds risk When you fast-track a project, it always shortens the total duration of the project 2. Given this portion of the network diagram to the right, what’s the ES of activity F? A. B. C. D. 9 10 12 13 ES = 7 10 11 16 17 ES = 17 EF = 26 D ... G LS = 3 LF = 4 ES = 10 3. Given this portion of the network diagram to the right, what’s the LF of activity F? A. B. C. D. EF = 9 ... LS = 17 LF = 26 EF = 12 ES = 17 EF = 19 LF = 4 LS = 11 F H E ... LS = 3 ... LF = 13 4. You are managing a software project. Your QA manager tells you that you need to plan to have her team start their test planning activity so that it finishes just before testing begins. But other than that, she says it can start as late in the project as necessary. What’s the relationship between the test planning activity and the testing activity? A. B. C. D. Start-to-Start (SS) Start-to-finish (SF) Finish-to-Start (FS) Finish-to-Finish (FF) 5. You’re managing an industrial design project. You’ve come up with the complete activity list, created network diagrams, assigned resources to each activity, and estimated their durations. What’s the next thing that you do? A. B. C. D. Use Rolling Wave Planning to compensate for the fact that you don’t have complete information Create the schedule Consult the project scope statement and perform Sequence Activities Use fast-tracking to reduce the total duration you are here 4   311 Download at Boykma.Com
  • 2. exam questions Exam Questions 6. Which of the following is NOT an input to Develop Schedule? A. B. C. D. Activity list Project schedule network diagrams Resource calendars Schedule baseline 7. Three members of your project team want to pad their estimates because they believe there are certain risks that might materialize. What is the BEST way to handle this situation? A. B. C. D. Estimate the activities honestly, and then use a contingency reserve to cover any unexpected costs Allow more time for the work by adding a buffer to every activity in the schedule Tell the team members not to worry about it, and if the schedule is wrong it’s okay for the project to be late Crash the schedule 8. Which of the following tools is used for adding buffers to a schedule? A. B. C. D. Three-point estimates Critical chain method Expert judgment Critical path analysis Name A. B. C. D. A. B. C. D. 6 A 4 B 8 D A 1 E D 1 F E 2 G Start 3 H 0 7 8 10 — Start C 10. What is the float for activity F in the activity list to the right? — A B Start-A-B-C-Finish Start-A-D-E-F-Finish Start-G-H-I-J-Finish Start-A-B-J-Finish Duration Start 9. What is the critical path in the activity list to the right? Predecessor G 3 I H 2 J B, I 3 Finish F, J, C — 11. You’re managing an interior decoration project, when you find out that you need to get it done earlier than originally planned. You decide to fast-track the project. This means: A. B. C. D. Starting the project sooner and working overtime Assigning more people to the tasks at a greater total cost, especially for activities on the critical path Starting activities earlier and overlapping them more, which will cost more and could add risks Shortening the durations of the activities and asking people to work overtime to accommodate that. 312   Chapter 6 Download at Boykma.Com
  • 3. time management Exam Questions 12. Slack is a synonym for: A. B. C. D. Float Lag Buffer Reserve 13. You’re managing a construction project. You’ve decomposed work packages into activities, and your client needs a duration estimate for each activity that you come up with. Which of the following will you use for this? A. B. C. D. Milestone list Activity list Critical path analysis Project schedule network diagram 14. What’s the correct order of the Time Management planning processes? A. Sequence Activities, Define Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule B. Define Activities, Sequence Activities, Develop Schedule, Estimate Activity Resources, Estimate Activity Durations C. Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule D. Develop Schedule, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations 15. Which of the following is NOT a tool or technique used in Estimate Activity Durations? A. B. C. D. SWAG Estimation Parametric Estimation Analogous Estimation Three-Point Estimation 16. You’re managing a project to build a new project management information system. You work with the team to come up with an estimate of 27 weeks. In the best case, this could be shortened by two weeks because you can reuse a previous component. But there’s a risk that a vendor delay could cause the project to be delayed by five weeks. Use PERT to calculate a three-point estimate for this project. A. B. C. D. 25.83 weeks 26 weeks 27.5 weeks 28.3 weeks you are here 4   313 Download at Boykma.Com
  • 4. exam questions Exam Questions 17. Given the network diagram below, what’s the critical path? A. B. C. D. Start-A-B-C-End Start-A-D-G-End Start-E-D-C-End Start-E-F-G-End 18. For that same network diagram below, what’s the float for activity A? A. B. C. D. 0 weeks 1 week 2 weeks 4 weeks 19. For that same network diagram below, what’s the float for activity E? A. B. C. D. 0 weeks 1 week 2 weeks 4 weeks 3 B 6 4 A C 2 D End Start 1 8 1 E F 314   Chapter 6 Download at Boykma.Com G
  • 5. time management Exam Questions 20. You’re managing a software project, when your customer informs you that a schedule change is necessary. Which is the BEST thing to do? A. B. C. D. Consult the schedule management plan Notify the team and the sponsor that there’s going to be a schedule change Influence the factors that cause change Refuse to make the change because there’s already a schedule baseline 21. Your company has previously run other projects similar to the one you’re currently managing. What is the BEST way to use that information? A. B. C. D. Check the organizational process assets for lessons learned and other information about the past projects Use parametric estimation to estimate your project based on past projects’ performance Start from scratch because you don’t want mistakes from past projects to influence you Reuse the project management plan from a past project 22. You’re planning the schedule for a highway construction project, but the final date you came up with will run into the next budget year. The state comes up with capital from a reserve fund, and now you can increase the budget for your resources. What’s the BEST way to compress the schedule? A. B. C. D. Go back to your three-point estimates and use the most optimistic ones Use the extra budget to increase your contingency reserve Hire more experts to use expert judgment so your estimates are more accurate Crash the schedule 23. You’re managing a software project. You’ve created the schedule, and you need to figure out which activities absolutely cannot slip. You’ve done critical path analysis, identifying the critical path and calculating the early start and early finish for each activity. Which activities cannot slip without making the project late? A. B. C. D. The ones with the biggest difference between ES and LF The activities on the critical path The activity with the most lag The last activity in the project, because it has no float 24. You’re managing a construction project. You’ve decomposed work packages into activities, and your client needs a duration estimate for each activity that you came up with. Which of the following BEST describes what you are doing? A. B. C. D. Evaluating each activity to figure out how much effort it will take Estimating the number of person-hours that will be required for each activity Understanding, in calendar time, how long each activity will take Estimating how many people it will take to perform each activity you are here 4   315 Download at Boykma.Com
  • 6. exam answers Answers Exam Questions 1. Answer: C You’ll definitely get some questions that ask you about crashing and fast-tracking, and it’s important to know the difference between them. When you crash the project, it means that you add resources to it, especially to the critical path. There’s no real risk in doing that—in the worst-case scenario, the extra people just sit around!—but it does cost more. Fast-tracking means adjusting the schedule so that activities overlap. The same resources are doing the work, so it’s not going to cost more, but it’s definitely riskier, because now you’ve eliminated buffers and possibly broken some dependencies! And remember that crashing or fasttracking won’t always work to make the project go faster! 2. Answer: D Calculating the early start (ES) of an activity isn’t hard. All you need to do is look at the early finish (EF) of the previous activity and add one. If there’s more than one predecessor, then you take the largest EF and add one. In this case, the predecessors to activity F are D, with an EF of 9, and E, with an EF of 12. So the ES of F is 12 + 1 = 13. 3. Answer: A It’s just as easy to calculate the late finish (LF). Look at the following activity, take its LS (late start), and subtract one. If there’s more than one following activity, use the one with the lowest LS. So for activity F in the question, the following activities are G, with an LS of 17, and H, with an LS of 11. So the LF of F is 11 - 1 = 10. 4. Answer: C Don’t let the jargon fool you! You don’t need to know anything about software testing to answer this question. When you have two activities, and the first activity has to be timed so that it finishes before the second one starts, then you’ve got a Finish-to-Start relationship, or FS. 5. Answer: B Did answer A trick you? No need for rolling wave planning when you’ve got enough info to define all the activities! This is a Which-is-next question that describes a project that’s completed the Define Activities, Sequence Activities, Estimate Activity Resources, and Estimate Activity Durations processes. The next process in Time Management is Develop Schedule, which means that the next thing you do is create the schedule! 316   Chapter 6 Download at Boykma.Com
  • 7. Answers time management Exam Questions 6. Answer: D The schedule baseline is an output of the Develop Schedule process, not an input. You should definitely know what goes into the schedule baseline: it’s a specific version of the schedule that you set aside and use for comparison later on, when you want to know if the project is running late. I get it—we can use the schedule baseline the same way that we use the scope baseline! We take a snapshot of it and then save it, so we can compare the project’s performance against it later! 7. Answer: A You always want to be honest with your estimates. Every project has unknowns and risks, and there’s no way to estimate any activity exactly! Luckily, we have tools to deal with this. You can use reserve analysis, a tool of Estimate Activity Durations, to come up with a contingency reserve that you can use to plan for these risks. 8. Answer: B Critical chain method is a technique that’s part of Develop Schedule that lets you figure out how to handle the problems that come with having limited resources. You use it to shuffle both activities and resources on your critical path. One important aspect of the critical chain method is that you can use it to add buffers to the schedule to reduce the risk of certain activities. 9. Answer: A When you draw out a network diagram for the activities in the table, you end up with four paths. And you definitely should draw out the activity diagram for a question like this! You’re allowed to use scratch paper on the exam, and this is one place where you should definitely do it. Of the four paths, only one has the longest duration: Start‑A‑B‑C‑Finish, which has a duration of 6+ 4 + 8 = 18. That’s the critical path. you are here 4   317 Download at Boykma.Com
  • 8. exam answers Answers Exam Questions 10. Answer: C Activity F is in the path Start-A-D-E-F-Finish. This path has a duration of 6 + 1 + 1 + 2 = 10. The float of an activity is the longest time it can slip before it affects the critical path. In this case, activity F can slip by 8 without causing the path that it’s on to go beyond the critical path. But any more than that, and its path becomes the new critical path! Don’t forget Did you notice answer A? that the float of any activity in the critical path is zero! 11. Answer: C This is the definition of fast-tracking, and you’re probably getting the hang of this one by now. You may get a question like this, but you’ll almost certainly see fast-tracking as an incorrect answer to several questions! 12. Answer: A Remember that when you see “slack,” it’s the same thing as float. Either term could appear on the exam! 13. Answer: B When a question asks what you’d use a it’s asking you to pick an input, tool, fortecprocess, or hnique that’s part of the process. This question is asking about the Estimate Activity Durations process. Take a look at the answers—there’s only one answer that’s used in that process: you need to start with the activity list in order to do the estimates for the activities! The other answers are things that are inputs, tools, or techniques for other processes. 14. Answer: C It’s not hard to remember the order in which the Time Management processes are performed. If you use a little common sense, you can reason your way through a question like this. You need to define your activities before you can sequence them, you need to know who’s going to be doing an activity before you can estimate how long it’s going to take, and you need to do all of that before you can build a schedule! 15. Answer: A Control Schedule isn’t included in the list of proceses because if a schedule change happens, you’ll have to go back and revisit the other Time Management processes. So it doesn’t have a specific order! You’ll have to know the different kinds of estimating techniques for the exam. You don’t necessarily have to be good at doing them, but you should recognize which are which. Parametric estimating is when you plug values into a formula, program, or spreadsheet and get an estimate. Analogous estimating uses similar activities from past projects to calculate new estimates. Three-point estimating uses an optimistic, pessimistic, and realistic estimate. 318   Chapter 6 Download at Boykma.Com
  • 9. Answers time management Exam Questions 16. Answer: C This question is asking you to apply the PERT three-point estimation formula: (Optimistic Time + 4 x Most Likely Time + Pessimistic Time) ÷ 6. When a question gives you these values directly, it’s easy. But in this case, to answer the question you had to figure out the values for the Optimistic Time and Pessimistic Time, which meant that you needed to look at the assumptions that the team was making. The most likely time was given: 27 weeks. The best case scenario would come in two weeks earlier, at 25 weeks, and the worst case would come in five weeks late, at 32 weeks. So the estimate is (25 weeks + 4 x (27 weeks) + 32 weeks) ÷ 6 = 27.5 weeks. Sometimes you’ll get a question about applying a formula, but you’ll need to read the text in the question to figure out all of the variables 17. Answer: C The path Start-E-D-C-End has a duration of 8 + 2 + 4 = 14, which is the longest total duration in the entire network. 18. Answer: B Activity A is on three different paths: Start-A-B-C-End (13), Start-A-D-C-End (12), and Start-A-D-G-End (9). To calculate its float, you take the longest path’s length and subtract it from the lenth of the critical path: 14 - 13 = 1. on Can you think of how a questiation might quiz you on this inform look without actually asking you to at a network diagram? It looks like there will be a bunch of questions on the critical path method! It’s a good thing I’ve got so much practice with it. 19. Answer: A Since activity E is on the critical path, its float is zero, because the float of any activity on the critical path is zero. 20. Answer: A The schedule management plan tells you how changes to the schedule are to be handled. Any time there’s a change, the first thing you should do is consult the plan to see how it should be handled. you are here 4   319 Download at Boykma.Com
  • 10. exam answers Answers Exam Questions 21. Answer: A The organizational process assets contain historical information about past projects. When you write up your lessons learned, or create work performance information, you store it in your company’s organizational process asset library! Also, did you notice that answer B was the wrong definition of parametric estimation? 22. Answer: D Crashing the schedule is the form of schedule compression that increases cost. This is a difficult question because all of the answers sound good, and one or two are a little misleading! Don’t fall into the trap of choosing an answer because you recognize a valid tool or technique in it. Reserve analysis and three-point estimates are very useful techniques, but they’re not the answer to this question. 23. Answer: B The critical path is the path in the network diagram where any delay will cause a delay in the schedule. These are the activities that cannot slip without making the project late! 24. Answer: C This question was really about the definition of “duration,” and the key to answering it is to understand how duration is different from effort. The correct answer talks about “calendar time,” which is what a duration is: it’s a measurement (or estimate) of how long the activity will take in real life, taking into account the number of people who will be doing the work, the availability of the people and other resources, everyone’s vacation time, time taken away from the schedule because people are pulled off of the activity to work on higher priority activities, and other real-world factors. That’s different from effort (which is often measured in person-hours), and it’s different from resource estimating (which involves estimating how many people and what other resources will be used for the activity). 320   Chapter 6 Download at Boykma.Com