1) Referring to Drucker (2006), which of the following describes a GOOD action plan? a

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1) Referring to Drucker (2006), which of the following describes a GOOD action plan?

a.    Provides a statement of intentions, leaving some room for adjustments during the execution of the plan

b.    Has fixed tasks in order to anticipate and plan for all the actions that need to be done

c.     Strict in terms of time, anticipating the duration of each task and therefore the total time spent within the project

d.    Continuously checks against initial expectations, but always adjusting the target result as the plan is executed

2.    In which of the following situations would it be most beneficial to use a Work Breakdown Structure to illustrate the activities involved in a project?

a.    A visual breakdown of the project scope

b.   Identifying all task durations and allocating project resource

c.    Team collaboration would not be helpful at such an early stage of the project

d.   Highlighting project risks, helping to plan for alternative scenarios

3.    When planning a festival, the program cannot be printed before the key artists are committed. Which precedence relationship best describes the relationship between "get artists' commitment" and "print program"?

a.    Start-to-Start

b.   Start-to-Finish

c.    Finish-to-Finish

d.   Finish-to-Start

4.    What is the main goal of crashing a project activity?

a.    To eliminate the emergence of a new critical path

b.   To create less slack in the project

c.    To create less risk associated with the project

d.   To increase the duration of project activities

5.    In managing noncritical tasks, the advantage of "as soon as possible" strategy is that:

a.    It delays the project

b.   It reduces costs

c.    It avoids delays

d.   It provides time cushion and reduces risk

6.    The backward pass is used to determine the Latest Start Time (LST) and Latest Finish Time (LFT) of tasks. The LFT of a task is the _____ of the LST of all succeeding tasks.

a.    Sum

b.   Average

c.    Minimum

d.   Maximum