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NEW QUESTION: 1
All of the following statements about the critical path are false except for which one?
A. The critical path shows the project's earliest date for completion.
B. The critical path cannot be crashed.
C. The critical path is the shortest path in the project network diagram.
D. The critical path is always one path with the longest duration.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The only statement that is true is that the critical path shows the project's earliest date for completion. A critical path is the sequence of project activities, which add up to the longest overall duration. This determines the shortest time possible to complete the project. Any delay of an activity on the critical path directly impacts the planned project completion date (i.e. there is no float on the critical path). A project can have several, parallel, near critical paths. An additional parallel path through the network with the total durations shorter than the critical path is called a sub-critical or non-critical path. These results allow managers to prioritize activities for the effective management of project completion, and to shorten the planned critical path of a project by pruning critical path activities, by "fast tracking" (i.e., performing more activities in parallel), and/or by "crashing the critical path" (i.e., shortening the durations of critical path activities by adding resources).
Incorrect Answers:
A: The critical path can be, and often is, crashed with extra resources in an attempt to recover the project schedule.
B: The critical path is the longest path to project completion.
C: There can be more than one critical path, as two paths in the project network diagram can both take the same amount of time and be longer than any other paths in the project.
NEW QUESTION: 2
Rapacity Consultants has just finished a project feasibility study for a cash-rich firm at a cost of $3 million.
The consultants have concluded after much analysis that the project's cash flows have a net present value of $1.3 million and a payback period of 5.3 years. The firm should:
A. reject the project since it has a negative NPV.
B. accept the project since it has a positive NPV.
C. reject the project since it has a long payback period.
D. none of these answers.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The $3 million spent on consultants represent sunk costs and must be ignored while looking toward the future. In that direction, the project has a positive NPV and should be accepted.
NEW QUESTION: 3
You have an Azure subscription that contains the resources shown in the following table.
A certificate named Certificate! is stored in Vault!
You need to grant VM1 and VM2 access to Certificate1 by using the same security principal.
What should you do?
A. Create a managed identity. Add the Vaultl access policy to the managed identity. Configure a user-assigned managed identity for VM1 and VM2.
B. Create an Azure Active Directory (Azure AD) user. Create an access policy for Vaultl. Assign the access policy to the user. Configure a user-assigned managed identity forVMl andVM2.
C. Create an Azure Active Directory (Azure AD) user. Assign the Key Vault Reader role-based access control (RBAC) role for Vaultl to the user. Configure a user-assigned managed identity for VM1 and VM2.
D. Create a managed identity. Assign the Key Vault Reader role-based access control (RBAC) role for Vault 1 to the managed identity. Configure a system-assigned managed identity for VM1 and VM2.
Answer: C
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