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651. Using the WBS in the Special window, an instance of a work package is:
A. Build house
B. Excavate
C. Prepare Foundation
D. B and C
E. None of the above
ANS: E
652. Using the problem stated in the Special window, Calculate the expected value of duration (in days) using the PERT concept of the expected
duration of a task
A. 8.0
B. 8.8
C. 9.1
D. 9.7
E. 10.5
ANS: B
653. Using the problem stated in the Special window, Calculate the deviation of duration for the task, using the PERT concept of standard
deviation of task duration.
A. 0.5
B. 1.0
C. 1.8
D. 2.2
E. 2.8
ANS: C
654. Using the situation stated in the Special window, what is the total variable costs for producing one widget?
A. ,020
B. ,010
C. ,015
D. .00
E. None of the above.
ANS: E
655. Using the situation stated in the Special window, what is the total price variance for direct material?
A. 0.00
B. 6.00
C. %content%.02
D. -0.00
E. 50.00
ANS: B
656. Using the situation stated in the Special window, what is the labor rate cost variance?
A. 00.00
B. 00.00
C. -0.00
D. -%content%.10
E. 00.00
ANS: D
657. Using the situation stated in the Special window, what is net present value of an annual income flow of 00 at 14% over the next three
years?
A. 13.60
B. %content%.68
C. 80.00
D. 6.19
E. .32
ANS: A
658. Using the situation stated in the Special window, what is present value of 00 at 12% at the end of 5 years?
A. 05.00
B. %content%.57
C. 7.00
D. 2.86
E. .61
ANS: C
659. Using the situation stated in the Special window, what is the cost variance for Case #9?
A. -00
B. 1000
C. -2000
D. 2000
E. 0
ANS: B
660. Using the situation stated in the Special window, what is the schedule variance for Case #8?
A. 1000
B. 2000
C. -1000
D. -2000
E. 0
ANS: C
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