PROJ586 Final Exam Study Guide
1. The final exam is “open book, open notes.” The maximum time you can spend in the exam is 3 hours, 30 minutes. If you have not clicked the Submit For Grading button by then, you will be automatically exited from the exam. In the Final Exam environment, the Windows clipboard is disabled, and so you will not be able to copy exam questions or answers to or from other applications.
2.You should click the Save Answers button in the exam frequently.

This helps prevent connection timeouts that might occur with certain Internet service providers, and also minimizes lost answers in the event of connection problems. If your Internet connection does break, when you reconnect you will normally be able to get back into your Final Exam without any trouble. Remember, though, that the exam timer continues to run while students are disconnected, so students should try to log in again as quickly as possible. The Help Desk cannot grant any student additional time on the exam.
3. See the Syllabus section “Due Dates for Assignments & Exams” for due date information.
4. Reminders
You will only be able to enter your online Final Exam one time.
Click the Save Answers button often.
If you lose your Internet connection during your Final Exam, log on again and try to access your Final Exam. If you are unable to enter the Final Exam, contact the Help Desk first and then your instructor.
You will always be able to see the time remaining in the Final Exam at the top right of the page.

5. Assessments With Multiple Pages
Make sure you click the Save Answers button before advancing to the next page (we also suggest clicking on Save Answers while you are working).
Complete all of the pages before submitting your Final Exam for instructor review.
Do NOT use your browser’s Back and Forward buttons during the Final Exam.
Please use the provided links for navigation.

6. Submitting Your Final Exam
When you are finished with the Final Exam, click on the Submit For Grading button.
Please note: Once you click the Submit for Grading button, you will NOT be able to edit or change any of your answers.

7. Exam Questions
There are 12 randomly selected multiple choice questions each worth 10 points for a total of 120 points.
There are three randomly selected essay questions each worth 35?40 points for a total of 115 points.
There are two randomly selected short answer questions worth 40 points.
The Final Exam covers all course TCOs and Weeks 1?7, including Appendix A.
The Final Exam contains multiple pages, which can be completed in any order. You may go back and forth between the pages.
? Not everyone will have the same questions, as they will be randomly generated. Even if you do have some of the same questions, they may not be in the same order. These questions are distributed amongst the TCOs. The entire exam is worth 275 points.
? On the essay questions, your answers should be succinct, fully address each part of the question, and demonstrate your knowledge and understanding in a concise but complete answer. Most essay questions require answers that are a couple of paragraphs (not a couple of sentences) that directly speak to each part of the question. Some students opt to work on the essay questions first, due to their higher point value and length of time needed to adequately address each question. But this is entirely your choice. You are encouraged to support your response with in-text citations and references.
? Remember to always use proper citation when quoting other sources. This means that any borrowed material (even a short phrase) is being placed in quotation marks with the source (URL, author/date/page #) immediately following the end of the passage (the end quote). Changing a few words in a passage does NOT constitute putting it in your own words and proper citation is still required. Borrowed material should NOT dominate a student?s work, but should only be used sparingly to support your own thoughts, ideas, and examples. Heavy usage of borrowed material (even if properly cited) can jeopardize the points for that question. Un-cited material can jeopardize a passing grade on the exam. As a part of our commitment to academic integrity, your work may be submitted to, an online plagiarism checking service. So please be VERY mindful of proper citation.

(TCO F) Why is it important to determine the critical path of a project? What happens if activities along the path are delayed? What happens if activities along the path are accelerated?

(TCO F) A project to organize a grocery store in anticipation of its grand re-opening has the following activities. (Hint: You will need to build an AIB diagram, perform a forward pass and backward pass to answer this question.)
2 Days

15 Days

8 Days

4 Days
A, B
7 Days
B, C
3 Days
D, E
5 Days
E, F
10 Days
4 Days
a) What are the critical path activities?

b) What is the project scheduled completion time?

c) What is the latest finish time (LF) for activity D?

d) What is the slack or float for activity H?

e) What is the slack or float for activity B?
8. Some of the key study areas are as follows: While these are key areas, remember that the exam is comprehensive for all the assigned course content and this study guide may not be all inclusive.
Project lifecycle
Organizational structures (i.e., functional, matrix, and project)
Triple constraint
Steps to Project Planning
Project Charter
Scope Statement
Work Breakdown Structure (WBS)
Responsibility Assignment Matrix (RAM)
Precedence relationships
Network diagram
Activity in Box (AIB)
Project Management Information Systems
Risk management plan
Types of risks
Functional versus project managers
Stages of team building
Communication barriers
Communication plan
Effective communication
Project control and budgeting
Resource leveling
Estimate the cost of activities
Activity crashing
Lessons learned
Types of project meetings
Termination considerations

9. Areas that were discussed in the threads will be prime targets.
10. Assignments will also be prime targets for revisiting.
11. Reviewing the TCOs will also be a great preparation for the Final Exam which I have listed below for your convenience.
Given a company?s strategic plan, define the role that projects and project management play in accomplishing the company?s strategic objectives, taking into account the various types of organizations such as functional, matrix, and project structures.
Given that the details of a project have been identified, create a project charter, a scope statement, a Work Breakdown Structure (WBS), and Responsibility Assignment Matrix (RAM).
Given a Work Breakdown Structure (WBS), develop precedence relationships among tasks, a network diagram and critical path, and create a schedule that includes initial and leveled resource allocations.
Given a project plan, assess major schedule, cost, and performance risk elements and understand the approach for managing risks using qualitative as well as quantitative techniques.
Given a project to be conducted, develop an approach for managing a high-performance project team
Given a project in progress, establish ways of monitoring schedule and cost performance using earned value techniques, and determine key elements of a communications plan to keep stakeholders abreast of progress, problems, and controls.
Given comprehensive data on a project being undertaken, use project management software to plan, implement, control, and report on it.
Given a project that is on its way to completion, establish a closeout strategy that will maximize the value of the project experience to the organization by capturing best practices and lessons learned.

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