Related Mcqs:

1. If the scheduled completion time of a project is more than the earliest expected time for completion of the project, then the probability of completion of the project within the scheduled completion time will be__________________?

   A. 50%
   B. less than 50%
   C. more than 50%
   D. 100%

2. If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is________________?

   A. 4 days
   B. 6 days
   C. 10 days
   D. 16 days

3. The probability of completion of any activity within its expected time is_________________?

   A. 50%
   B. 84.1%
   C. 99.9%
   D. 100%

4. The normal time required for the completion of project in the above problem is_______________?

   A. 9 days
   B. 13 days
   C. 14 days
   D. 19 days

5. A father notes that when his teenage daughter uses the telephone, she takes not less than 6 minutes for a call and som? times as much as an hour. Fifteen minutes call are more frequent than calls of any other duration. If these phone calls were an activity in PERT project, then phone calls expected duration will be_______________?

   A. 15 minutes
   B. 20.143 minutes
   C. 21 minutes
   D. 27 minutes

6. For a given activity, the optimistic time, pessimistic time and the most probable estimates are 5, 17 and 8 days respectively, The expected time is__________________?

   A. 8 days
   B. 9 days
   C. 10 days
   D. 15 days

7. If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively___________________?

   A. 3.5 and 5/6
   B. 5 and 25/36
   C. 3.5 and 25/36
   D. 4 and 5/6

8. Preliminary project report for a road project must contain___________________?

   A. the detailed estimated cost based on detailed design
   B. the several alternatives of the project that have been considered
   C. the soil survey, traffic survey, concept design and approximate cost
   D. the contract documents for inviting tenders

9. A contractor has two options : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he______________?

   A. should invest in neither of the two projects
   B. could invest in either of the two projects
   C. should invest in project A
   D. should invest in project B

10. If the optimistic time, most likely time and pessimistic time for activity A are 4, 6 and 8 respectively and for activity B are 5, 5.5 and 9 respectively, then______________?

    A. expected time of activity A is greater than the expected time of activity B
    B. expected time of activity B is greater than the expected time of activity A
    C. expected time of both activities A and B are same
    D. none of the above