Strayer BUS 375 Final Exam

A fully solved final exam for BUS375, focusing on business processes and strategy.

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StrayerBUS 375 FINAL EXAMFinal Exam Part 1QuestionQuestion 1Smoothing out project resources from period to period is calledResource levelingResource allocation or resource limited planningBetter effort planningSlack utilization planningQuestion 2Which of the following scheduling techniques is most appropriate today for managing a project?BAR chartsMilestone chartsPERT chartsPrecedence chartsQuestion 3The major disadvantage of using a bar chart on large projects is that bar charts:AnswerCannot identify critical pathsCannot identify milestonesDo not show dependencies between activitiesQuestion 4Laying out a network diagram when you know before-hand the size of the available resourcepool is called:AnswerResource levelingResource allocation or resource limited planningBetter effort planningSlack utilization planningQuestion 5Activities with zero time durations are called:AnswerLow-slack activitiesNo-slack activitiesDummy activities

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Special activitiesQuestion 6Ifthe slack in a 12 week activity is 6 weeks and ES = 4, then LF = _____.Answer4101622Question 7Which of the following schedule compression techniques usually requires adding more resourcesto each work package that is being compressed?AnswerOvertimeCrashingOutsourcingDescopingQuestion 8A charting technique designed to illustrate the inductive and deductive reasoning necessary toachieve some objective is called a _____ Diagram / networkAnswerGanttLogicDescriptiveIntuitionQuestion 9Which of the following is normally not one of the three critical parameters provided ininformation reporting to the customer?AnswerTimeCostPerformanceRisksQuestion 10Which type of chart provides the least “predictive” value?AnswerBar chart

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PERTADMPDMQuestion 11When a functional manager tells you that your project is 10% more difficult than the standardproject, the functional manager is providing you with a _____ estimate.AnswerParametricAnalogyEngineeringGrassrootsQuestion 12Which of the following projects would most likely have reasonably good estimating techniques?AnswerConstructionR & DSoftware developmentNew product developmentQuestion 13An employee earning $40/hour works in a department where the overhead is 125%. Abillable orcharge back hour to this department would be:Answer$ 40$ 50$ 90$ 1004 pointsQuestion 14Which of the following is generally not part of capital budgeting?AnswerLife cycle cost estimatingNet present valueInternal rate of returnDiscounted cash flowQuestion 15Which of the following standard project estimating techniques is usually accomplished in weeks?
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