This set of Industrial Management Multiple Choice Questions & Answers (MCQs) focuses on “Network Analysis”.
1. From the given below statements, find the incorrect statement.
i. Network analysis analyses project activities.
ii. Network analysis breaks down projects into individual tasks or activities.
iii. Network analysis cannot be shown visually.
a) i only
b) i and ii only
c) i and iii only
d) iii only
View Answer
Explanation: Network analysis is a technique for the estimation of project duration by breaking down the entire project into individual tasks or activities, which will be arranged in a logical sequence. It analyses the project activities to find the project duration. Network analysis is visual shown on a network diagram.
2. Which of the following were used to develop network techniques?
a) Milestone chart only
b) Bar chart only
c) Both the milestone chart and bar chart
d) Critical Path Method
View Answer
Explanation: Milestone chart and bar chart were used for the development network techniques. These charts have many limitations which made them inefficient for planning large and complex projects.
3. Match the following.
p) M.O.S.S. i) Resource Planning and Scheduling Method q) R.P.S.M. ii) Multi-operation Scheduling System r) L.C.S. iii) Least cost Scheduling iv) Low Cost Scheduling
a) p – ii, q – i, r – iii
b) p – ii, q – i, r – iv
c) p – iii, q – iv, r – ii
d) p – i, q – ii, r – iii
View Answer
Explanation: L.C.S.is the acronym for ‘Least cost Scheduling’. Similarly, R.P.S.M. and M.O.S.S. are acronyms for ‘Resource Planning and Scheduling Method’ and ‘Multi-operation Scheduling System’ respectively.
4. Expand C.O.P.A.C.
a) Critical Operating Production Allocation Control
b) Common Operating Production Allocation Control
c) Combine Operating Production Allocation Control
d) Co-operating Production Allocation Control
View Answer
Explanation: ‘Critical Operating Production Allocation Control’ (C.O.P.A.C.) is one of the network techniques of network analysis.
5. What is the acronym for G.E.R.T.?
a) Geometrical Evaluation and Review Technique
b) Geometrical Evaluation and Review Technology
c) Graphical Evaluation and Review Technique
d) Graphical Evaluation and Review Technology
View Answer
Explanation: G.E.R.T. is the acronym for ‘Graphical Evaluation and Review Technique’. It is also one of the network techniques of network analysis.
6. What is a dummy activity?
a) A specific instant of time which marks the start and the end of an activity
b) It is an element of the project and has a specific time duration
c) It is a dotted line connecting the two head events and consumes no time
d) An activity which if consumes more time than the estimated time that results in the delay of the entire project
View Answer
Explanation: A dummy activity is a dotted line connecting the two head events and consumes no time. A specific instant of time which marks the start and the end of an activity is called an event. An activity is an element of the project and has a specific time duration. A critical activity consumes more time than the estimated time, thereby delaying the entire project duration.
7. Find the incorrect statement.
a) Network analysis helps in designing, planning, coordinating, and controlling the project and its resources
b) Network analysis reduce the project completion time with limited available resources
c) Network analysis helps in quick decision making
d) CPM (Critical path method) is not related to network analysis
View Answer
Explanation: Network analysis has various network techniques. A few important techniques are:
i. Programme Evaluation and Review Technique (P.E.R.T.)
ii. Critical Path Method (C.P.M.)
iii. Resource Allocation and Multi-project Scheduling (R.A.M.S.)
iv. Least Cost Method (L.C.S.)
v. Resource Planning and Scheduling Method (R.P.S.M.)
vi. Graphical Evaluation and Review Technique (G.E.R.T.) etc.
8. What is an event?
a) A specific instant of time which marks the start and the end of an activity
b) It is an element of the project and has a specific time duration
c) It is a dotted line connecting the two head events and consumes no time
d) An activity which if consumes more time than the estimated time that results in the delay of the entire project
View Answer
Explanation: A dummy activity is a dotted line connecting the two head events and consumes no time. A specific instant of time which marks the start and the end of an activity is called an event. An activity is an element of the project and has specific time duration. A critical activity consumes more time than the estimated time, thereby delaying the entire project duration.
9. What is an activity?
a) A specific instant of time which marks the start and the end of an activity
b) It is an element of the project and has a specific time duration
c) It is a dotted line connecting the two head events and consumes no time
d) An activity which if consumes more time than the estimated time that results in the delay of the entire project
View Answer
Explanation: A dummy activity is a dotted line connecting the two head events and consumes no time. A specific instant of time which marks the start and the end of an activity is called an event. An activity is an element of the project and has a specific time duration. A critical activity consumes more time than the estimated time, thereby delaying the entire project duration.
10. What is a critical activity?
a) A specific instant of time which marks the start and the end of an activity
b) It is an element of the project and has a specific time duration
c) It is a dotted line connecting the two head events and consumes no time
d) An activity which if consumes more time than the estimated time that results in the delay of the entire project
View Answer
Explanation: A dummy activity is a dotted line connecting the two head events and consumes no time. A specific instant of time which marks the start and the end of an activity is called an event. An activity is an element of the project and has specific time duration. A critical activity consumes more time than the estimated time, thereby delaying the entire project duration.
Sanfoundry Global Education & Learning Series – Industrial Management.
To practice all areas of Industrial Management, here is complete set of 1000+ Multiple Choice Questions and Answers.