Question

In: Operations Management

Which of the following statements describes a program? Select one: A. A series of coordinated, related,...

Which of the following statements describes a program?

Select one:

A. A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a common goal

B. A higher-level group of projects targeted at a common goal

C. A higher-level group of projects with different unrelated goals

D. (A) and (B) are correct

E. (A), (B) and (C) are all correct

The amount of time an activity can be delayed without delaying

the entire project is termed?

Select one:

A. Project duration

B. Free slack

C. Total float

D. Total recall

E. Reversed slack

Which of the following is NOT a constraint in project delivery:

Select one:

A. Scope

B. Time

C. Project Name

D. (A) and (B) are correct

E. (A), (B) and (C) are all correct

According to the Project Management Institute's recent report,

what percentage of investment in projects goes to waste?

Select one:

A. 5%

B. 1%

C. 10%

D. 15%

E. 20%

Solutions

Expert Solution

Q1.A and B are correct.

Organizations have a broad range of uses of the word "programme." A program is a collection of organizational resources in its most general use that is geared towards achieving a certain major goal or set of goals.

Q2.B. Free slack

Slack is the length of time an activity can be delayed past its earliest commencement or earliest completion without delaying the project.

Q3.D. A and B are correct.

Time constraint: The time limit refers to the schedule for completion of the project, including the deadlines for each phase of the project, as well as the date for the final deliverable to be rollout.


Scope constraint: In addition to the tasks required to complete the project, the scope of a project defines its specific objectives, deliverables, features, and functions.

There is one more constraint that is cost constraint.

Q4.E.20%

More projects meet for the first time in five yearsInitial targets and business intent, and budget-funded completion. There was alsoSignificant reduction in dollars lost: an total of $97 million wasted by organizations.Because of poor project performance, every $1 billion invested is a 20 per cent decrease from a year ago. (from PMI's report)

keosha answered 2 years ago
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