OMGT 5783 PROJECT MANAGEMENT MIDTERM
ACTUAL EXAM NEWEST 2026 2027 COMPLETE
QUESTIONS AND CORRECT DETAILED
ANSWERS VERIFIED BRAND NEW VERSION
HIGH YIELD STUDY GUIDE ACTUAL UPDATED
PRACTICE QUESTIONS MIDTERM EXAM
PREPARATION GRADED A+ SUCCESS REVIEW
that are associated with time devoted to the coordination in meetings and
briefings as well as time necessary to resolve disconnects between tasks are
known as ____________ costs.
a. general and administrative (G&A) overhead costs
b. things go wrong
c. direct
d. interaction
e. coordination - CORRECT ANSWER=d. interaction
The salary of the project manager and temporary rental space for the project
team would be classified as __________ costs.
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a. interaction
b. general and administrative overhead
c. fixed
d. direct project overhead
e. direct - CORRECT ANSWER=d. direct project overhead
When someone uses experience and/or information from others to determine
the project duration and total cost, ____________ estimating is being used.
a. top-down
b. bottom-up
c. experiential
d. reference class
e. professional estimation - CORRECT ANSWER=a. top-down
Refining estimates may be necessary for a number of reasons. For example,
people working on prototype development needing time to interact with the
design engineers after the design is completed is a good example of
a. hidden interaction costs.
b. changes in project scope.
c. normal conditions not applying.
d. the customer not being clear about their expectations.
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e. things going wrong on a project. - CORRECT ANSWER=a. hidden interaction
costs.
Typical kinds of costs found in a project include all of the following EXCEPT
a. labor.
b. All of these are examples of costs found in a project.
c. general and administrative overhead costs.
d. project overhead costs.
e. direct costs. - CORRECT ANSWER=b. All of these are examples of costs
found in a project.
________ activities must be completed immediately before a particular activity.
a. Burst
b. Predecessor
c. Successor
d. Parallel
e. Merge - CORRECT ANSWER=b. Predecessor
On a project network, the activity times are derived from the
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a. work packages.
b. project proposal.
c. budget.
d. responsibility matrix.
e. organization breakdown structure - CORRECT ANSWER=a. work packages.
A(n) ________ is the minimum amount of time a dependent activity must be
delayed to begin or end.
a. lag
b. wane
c. saunter
d. lead
e. hobble - CORRECT ANSWER=a. lag
Consider the following table of activities A through G in which A is the start node
and G is the stop node.
On a piece of scratch paper, draw the network associated with this table and
determine the following. What is the late start time for activity E (how late can
activity E start?)? -
CORRECT ANSWER=