SCM 300 Exam 3 ASU Davila Modules 9-12
Questions and Correct Answers with Complete
Solutions | New Update 2026/27 | Graded A+
Project - ANSWERS a unique undertaking in which resources are organized to
achieve an end goal or outcome
Project Management Steps - ANSWERS 1. Define the Project.
2. Establish project priorities
3. work breakdown structure
4. track project progress
. Project Priorities - ANSWERS Quality
Time
Low Cost
Work Breakdown Structure - ANSWERS - Helpful with milestones
- Break work items into smallest unites
- Estimate needs: People Time Cost
Objectives - ANSWERS the desired outcomes for the project
(Performance, cost, time, and quality)
, Deliverables - ANSWERS descriptions of products or services that should be
delivered by the end of the project (Ex. Presentation or documents, research,
physical items or intangible outputs)
Milestones - ANSWERS specific events targeted to staying on track (Ex. date of
an important decision, new or end of phase, a deadline)
AON Diagram - ANSWERS an illustration where each circle represents a single
activity in the project, inside the circles is a given name or symbol & a number to
indicate how much time is required
The Critical Path - ANSWERS the project path with the longest total duration
Slack - ANSWERS the amount of time in a path or single activity can be
delayed without impacting the project duration
Crashing the Project - ANSWERS the act of finding a cost-effective way to
decrease the present length of the project
Business Processes - ANSWERS a documented series of activities that when
completed properly aim to effectively and efficiently turn inputs into valuable
products or services
Value of Business Processes - ANSWERS - Consistency
- Managing from afar
- Ability to grow
Questions and Correct Answers with Complete
Solutions | New Update 2026/27 | Graded A+
Project - ANSWERS a unique undertaking in which resources are organized to
achieve an end goal or outcome
Project Management Steps - ANSWERS 1. Define the Project.
2. Establish project priorities
3. work breakdown structure
4. track project progress
. Project Priorities - ANSWERS Quality
Time
Low Cost
Work Breakdown Structure - ANSWERS - Helpful with milestones
- Break work items into smallest unites
- Estimate needs: People Time Cost
Objectives - ANSWERS the desired outcomes for the project
(Performance, cost, time, and quality)
, Deliverables - ANSWERS descriptions of products or services that should be
delivered by the end of the project (Ex. Presentation or documents, research,
physical items or intangible outputs)
Milestones - ANSWERS specific events targeted to staying on track (Ex. date of
an important decision, new or end of phase, a deadline)
AON Diagram - ANSWERS an illustration where each circle represents a single
activity in the project, inside the circles is a given name or symbol & a number to
indicate how much time is required
The Critical Path - ANSWERS the project path with the longest total duration
Slack - ANSWERS the amount of time in a path or single activity can be
delayed without impacting the project duration
Crashing the Project - ANSWERS the act of finding a cost-effective way to
decrease the present length of the project
Business Processes - ANSWERS a documented series of activities that when
completed properly aim to effectively and efficiently turn inputs into valuable
products or services
Value of Business Processes - ANSWERS - Consistency
- Managing from afar
- Ability to grow
