Nov.13, 02
POP Quiz. Schedules and Estimates
Bus. 1040 Project Management 
Answers will be posted by Sat. Nov. 16, 9 pm. 
1
Question:
What is your name?
Your answer:  Students who attend afternoon classes tend to get this question right more often than the students who have the 8 am. class. 
Marks 
2
On which chart would you put Milestone symbols?
3
Benchmarks set sfor the project?
4
What is the relationship of budget to scope?
5
In which document do you find most of the rules for the project.
6
Which time related document helps most to control successful completion? P. 120. 
7
On which documents would you include all the people who can influence the project?
8
When making up tasks lists what is the name of what comes before the next task?
9
Who has expert knowledge of how task is done management or team member?
10
Is it possible to Do a summary item on a W.B.S.? 
11
Before we can group work packages (WBS) what must we look for between them- one word begins with R?
12
On which document do we make a forward pass? 
13
Why would you make a backward pass? 
14
What do ES and LF stand for on a PERT diagram?
15
Give three reasons for estimates and budgeting. 
16.
Would you start the project with a big picture cost estimate or wait till you have completed the work package details?
17
Accuracy:If we dont have time or resources r previous data to estimate what method could we use?
18.
Accuracy: If a project is twice as big as a previous project what estimate method could we use? P. 159
19.
Accuracy: detailed estimates are made up from using which method?
20.
Which additional estimating techniques do we use for one cycle of the project?
21
If Apportioning(top down) is used does it consider the whole project cost first?
22
If we knew the number of guest at a wedding and the cost per plate we would use the P..methods of estimating 
23.
Who has best knowledge to make a detailed estimate? 
24
When budgets go back and forth between upper management and team members what is the process called. Begins with I.
25
Give one advantage of top down budgeting 
26
Give one advantage of bottom up budgeting 
27
Give one reason for proceeding with an unprofitable budget. 
28.
What might happen if we overestimate a project?
29.
Do learning curves only influence the estimates in the early stages of the project?
30.
Where might we find data of previous project spending? 

Draw a network diagram base on the following. Show critical path and time for C.P.


 
Task:
Predecessor:
Time:
A
None
5
B
A
4
C
B, D
6
D
A
2
E
D
5
F
C, E
8