SCM 300 ExaM 3 Davila StuDy GuiDE | 71 QuEStionS anD CorrECt
anSwErS with CoMplEtE SolutionS | SprinG 2026/27 | aSu SCM 300
ExaM 3 Davila
What is a project - ANSWER-A unique undertaking in which resources (human,
material, and/or financial) are organized to achieve an end goal or outcome
Four steps in project management - ANSWER-1. define the project
2. establish project priorities
3. work breakdown structure
4. track project progress
Project priorities triangle from lecture - ANSWER-Cost, time, performance (Quality in
the middle)
Objectives (provide examples) - ANSWER-Desired outcomes for the project. These
outcomes could be in the areas of performance, cost, time and/or quality.
Example: Performance: The movie will make at least $20 million in ticket sales and will
not exceed a budget of $15 million. The movie will be released by June of next year. The
movie will get a fresh rating on Rotten Tomatoes
Deliverables (provide examples) - ANSWER-A description of the products and/or
services that should be delivered by the end of the project.
Example: A motion picture with a PG-13 rating. Three different trailers for the film.
Movie posters and graphic designs that can be used for promotion of the film
Milestones (provide examples) - ANSWER-Specific events targeted as important to
staying on track that will occur throughout the project. These might include start dates,
end dates, decisions that will be made, expected due dates for deliverables, etc.
, Example: Actors should be chosen and under contract by July 1. Shooting locations for
the film should be finalized by August 15. Filming should begin by September 1. Filming
should be completed by September 24. The final version of the film should be ready by
January 10. The movie will be shown at a film festival on February 1
Activity-on-node (AON) Diagrams - ANSWER-An illustration where each circle
represents a single activity in the project
Critical Path - ANSWER-The critical path is the project path with the longest total
duration. The critical path defines the expected length of the project
Slack - ANSWER-Slack is the amount of time a path or single activity can be delayed
without impacting the project duration. Any activities on the critical path have zero
slack.
Crash a project - ANSWER-Crashing the project is the act of finding a cost-effective
way to decrease the present length of the project. This is done by decreasing the time it
takes to complete the critical path(s)
What is a Business Process - ANSWER-A documented series of activities that when
completed properly will effectively and efficiently turn inputs (materials, equipment and
labor) into valuable products and/or services
Business process's relationship to SCM - ANSWER-Supply chains are made up of a
series of interconnected and interdependent processes. Each process is a mini supply
chain - managing inputs and outputs on a smaller scale
Three requirements of a good process - ANSWER-1. good intentions
2. reproducible results
3. measurable and manageable
Common reasons for bad processes - ANSWER-1. used to be good
2. limitations
3. was never good
anSwErS with CoMplEtE SolutionS | SprinG 2026/27 | aSu SCM 300
ExaM 3 Davila
What is a project - ANSWER-A unique undertaking in which resources (human,
material, and/or financial) are organized to achieve an end goal or outcome
Four steps in project management - ANSWER-1. define the project
2. establish project priorities
3. work breakdown structure
4. track project progress
Project priorities triangle from lecture - ANSWER-Cost, time, performance (Quality in
the middle)
Objectives (provide examples) - ANSWER-Desired outcomes for the project. These
outcomes could be in the areas of performance, cost, time and/or quality.
Example: Performance: The movie will make at least $20 million in ticket sales and will
not exceed a budget of $15 million. The movie will be released by June of next year. The
movie will get a fresh rating on Rotten Tomatoes
Deliverables (provide examples) - ANSWER-A description of the products and/or
services that should be delivered by the end of the project.
Example: A motion picture with a PG-13 rating. Three different trailers for the film.
Movie posters and graphic designs that can be used for promotion of the film
Milestones (provide examples) - ANSWER-Specific events targeted as important to
staying on track that will occur throughout the project. These might include start dates,
end dates, decisions that will be made, expected due dates for deliverables, etc.
, Example: Actors should be chosen and under contract by July 1. Shooting locations for
the film should be finalized by August 15. Filming should begin by September 1. Filming
should be completed by September 24. The final version of the film should be ready by
January 10. The movie will be shown at a film festival on February 1
Activity-on-node (AON) Diagrams - ANSWER-An illustration where each circle
represents a single activity in the project
Critical Path - ANSWER-The critical path is the project path with the longest total
duration. The critical path defines the expected length of the project
Slack - ANSWER-Slack is the amount of time a path or single activity can be delayed
without impacting the project duration. Any activities on the critical path have zero
slack.
Crash a project - ANSWER-Crashing the project is the act of finding a cost-effective
way to decrease the present length of the project. This is done by decreasing the time it
takes to complete the critical path(s)
What is a Business Process - ANSWER-A documented series of activities that when
completed properly will effectively and efficiently turn inputs (materials, equipment and
labor) into valuable products and/or services
Business process's relationship to SCM - ANSWER-Supply chains are made up of a
series of interconnected and interdependent processes. Each process is a mini supply
chain - managing inputs and outputs on a smaller scale
Three requirements of a good process - ANSWER-1. good intentions
2. reproducible results
3. measurable and manageable
Common reasons for bad processes - ANSWER-1. used to be good
2. limitations
3. was never good
