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What does a project delivery system represent?
a. The contractual relationships between project participants
b. The deliverables required by the client
c. The terms of payment
d. The relationships between work packages
In the "Design-Build" project delivery system, the owner enters into a contract with a single entity to provide the design and to construct the project according to that design. True or false?
In which type of project delivery system does the contractor bear most of the risk?
a. Owner Provided Delivery
b. Design-Bid-Build
c. Design-Build
d. None of the above
Which is NOT correct about the Turnkey project delivery system?
In a "Lump Sum" contract, the owner/client bears most of the risks. True or false?
In a "Cost reimbursable" contract, the owner/client bears most of the risks. True or false?
The Precedence Diagram Method (PDM) uses the "Activity-On-Arrow" approach as the basis for network drawing. True or false?
Which of the following statements is correct about the network diagram below?
Consider the precedence diagram below. What will happen if activity E is delayed by 1 day?
a. Activity E will become critical
b. Activity F will be delayed by 1 day
c. The entire project will be delayed by 1 day
d. Nothing will happen
What is an aim of resource leveling?
In resource levelling, we first move critical activities to shift their resource usage, then followed by non-critical activities. True or false?
How would you improve the resource utilisation of the resource histogram below?
a. Move activity D by 3 days
b. There is not enough information - the precedence diagram of this project is required
c. There is not enough information - the resource utilization data of this project is required
d. Move activity I by 3 days
The failure of a project team to consider changing market demand can be considered as an external risk. True or false?
"A project team identifies risks based on the information from previous similar project"
The above statement best explains which of the following risk identification techniques?
a. Process flowcharts
b. Analogy
c. Cause and effect diagram
d. WBS analysis
Risk assessment should be "quantitative". True or false?
If a project manager wants to reduce some risks in the project, the project manage should implement which of the following strategies?
a. Change the contractor
b. Change the owner
c. Hire a specialist to perform additional analysis
d. Develop a contingency plan
Key Performance Indicators (KPI) represent measurable indicators that can be used to reflect the Critical Success Factors (CSF) of a project. True or false?
Which of the following statements is correct about the S-curve below?
a. The project is ahead of schedule
b. The Cost Variance is negative
c. The Cost Variance is positive
d. None of the above
Earned Value Analysis (EVA) is the same as Value Management technique. True or false?
When Planned Value is less than Earned Value, the Schedule Variance is?
a. Negative
b. Positive
c. Either positive or negative
d. Zero
