MISY 5310 MID-TERM CERTIFICATION
PAPER 2026 FULL ANSWERS GRADED A+
⩥ critical chain. Answer: The longest path through a network diagram is
the:
⩥ shortest time in which the project can be completed. Answer: The
critical path in a network diagram illustrates the:
⩥ determining the longest path through a network diagram. Answer: The
critical path method determines the sequence of task activities that
directly affect the completion of a project by:
⩥ Resource allocation. Answer: plays a large role in determining activity
duration
⩥ opportunity cost. Answer: ________ is the measure of the alternative
opportunities forgone in the choice of one good or activity over others.
⩥ free slack. Answer: The time an activity can be delayed without
affecting the immediately following activity is called:
⩥ and the critical chain are equal. Answer: Under conditions of
unlimited resources, the critical path:
,⩥ resource breakdown schedule. Answer: A(n) ________ is a
hierarchical, graphical representation of all needed resources ordered by
type or category.
⩥ three-point estimating. Answer: ________ is a technique that is used
to estimate project duration when individual activity duration estimates
are uncertain.
⩥ rules of thumb. Answer: Resource leveling heuristics are ________
used to allocate resources to project activities.
⩥ publishing estimated data. Answer: Benchmarking data available from
market research companies that may be used to more accurately estimate
resource needs is called:
⩥ expert judgement. Answer: The estimation based on the experience of
one or more experts on the particular activity or project is called
⩥ reserve analysis. Answer: ________ is a technique used to establish
contingency reserves during a project to guard against potential risks.
⩥ schedule compression. Answer: Crashing and fast-tracking are
________ techniques
, ⩥ three-point estimates. Answer: The estimation of activities' durations
by averaging optimistic, pessimistic, and most likely estimates is called:
⩥ resources. Answer: affect both the time and the cost of a project
⩥ activity-resource analysis. Answer: All of the following are tools and
techniques to Estimate Activity Resources process EXCEPT:
⩥ crashing. Answer: The practice of dedicating extra resources to a
particular activity in an attempt to finish the activity sooner than the
scheduled completion date is called:
⩥ both the development platform and the technical platform the software
resides on. Answer: In information systems development projects,
_________ would be (an) example(s) of capital resources.
⩥ total slack. Answer: The time an activity can be delayed without
affecting the overall completion date of a project is called:
⩥ monte carlo simulations. Answer: _________ are probabilistic
analyses used to calculate the distribution of results.
⩥ project scope statement. Answer: All of the following are inputs into
the Estimate Activity Resources process EXCEPT:
PAPER 2026 FULL ANSWERS GRADED A+
⩥ critical chain. Answer: The longest path through a network diagram is
the:
⩥ shortest time in which the project can be completed. Answer: The
critical path in a network diagram illustrates the:
⩥ determining the longest path through a network diagram. Answer: The
critical path method determines the sequence of task activities that
directly affect the completion of a project by:
⩥ Resource allocation. Answer: plays a large role in determining activity
duration
⩥ opportunity cost. Answer: ________ is the measure of the alternative
opportunities forgone in the choice of one good or activity over others.
⩥ free slack. Answer: The time an activity can be delayed without
affecting the immediately following activity is called:
⩥ and the critical chain are equal. Answer: Under conditions of
unlimited resources, the critical path:
,⩥ resource breakdown schedule. Answer: A(n) ________ is a
hierarchical, graphical representation of all needed resources ordered by
type or category.
⩥ three-point estimating. Answer: ________ is a technique that is used
to estimate project duration when individual activity duration estimates
are uncertain.
⩥ rules of thumb. Answer: Resource leveling heuristics are ________
used to allocate resources to project activities.
⩥ publishing estimated data. Answer: Benchmarking data available from
market research companies that may be used to more accurately estimate
resource needs is called:
⩥ expert judgement. Answer: The estimation based on the experience of
one or more experts on the particular activity or project is called
⩥ reserve analysis. Answer: ________ is a technique used to establish
contingency reserves during a project to guard against potential risks.
⩥ schedule compression. Answer: Crashing and fast-tracking are
________ techniques
, ⩥ three-point estimates. Answer: The estimation of activities' durations
by averaging optimistic, pessimistic, and most likely estimates is called:
⩥ resources. Answer: affect both the time and the cost of a project
⩥ activity-resource analysis. Answer: All of the following are tools and
techniques to Estimate Activity Resources process EXCEPT:
⩥ crashing. Answer: The practice of dedicating extra resources to a
particular activity in an attempt to finish the activity sooner than the
scheduled completion date is called:
⩥ both the development platform and the technical platform the software
resides on. Answer: In information systems development projects,
_________ would be (an) example(s) of capital resources.
⩥ total slack. Answer: The time an activity can be delayed without
affecting the overall completion date of a project is called:
⩥ monte carlo simulations. Answer: _________ are probabilistic
analyses used to calculate the distribution of results.
⩥ project scope statement. Answer: All of the following are inputs into
the Estimate Activity Resources process EXCEPT:
