Project Management Week 5 NPTEL Assignment Answers 2025

NPTEL Project Management Week 5 Assignment Answers 2024

1. Project task E has the following estimates: (1) optimistic time – 10 days, (2) Pessimistic time – 20 days, and (3) Most likely time – 12 Days. The standard deviation for time using the beta statistical distribution is ______________ days.

• 1.5
• 1.67
• 2
• 2.33

Answer: 1.67

Explanation:
Standard deviation (σ) = (Pessimistic – Optimistic) / 6 = (20 – 10)/6 = 1.67

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2. Variance of an activity, σ² =

• ((a+b)/6)²
• (b-a)² / 6
• ((b-a)/6)²
• (a-b)²

Answer: ((b-a)/6)²

Explanation:
Variance = [ (Pessimistic – Optimistic) / 6 ]² = ((b-a)/6)²

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3. Which of the following is not an advantage of a Gantt chart?

• It can be easily understood
• Gantt charts are more effective for huge projects than ordinary projects
• It provides a good picture of the state of the project
• It is relatively easy to maintain

Answer: Gantt charts are more effective for huge projects than ordinary projects

Explanation:
Gantt charts become cluttered and hard to interpret in large and complex projects.

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4. One method of managing uncertainty is to perform ___________ on the data involved in our managerial decisions

• Simulation
• Probability analysis
• Critical path analysis
• Risk analysis

Answer: Probability analysis

Explanation:
Probability analysis helps evaluate different outcomes and uncertainties using statistical models.

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5. Which of the following is not a reason for using Scrum for scheduling?

• Flexibility and Adaptability
• Customer Feedback
• Transparency
• Resistance

Answer: Resistance

Explanation:
Scrum is known for promoting adaptability, transparency, and feedback. Resistance is not a benefit, it’s a challenge.

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6. The formula for computing the cost/time slope for each activity that can be crashed is ____________.

• (crash cost + normal cost) / (crash time + normal time)
• (crash cost – normal cost) / (crash time – normal time)
• (normal cost + crash cost) / (normal time + crash time)
• (normal cost – crash cost) / (normal time – crash time)

Answer: (crash cost – normal cost) / (crash time – normal time)

Explanation:
Slope = (Crash Cost – Normal Cost) / (Normal Time – Crash Time)

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7. If the crash cost is $2,500, the normal cost is $1,500, the crash time is 4, and the normal time is 6, what is the slope?

• -1,500
• -1,000
• +750
• -500

Answer: -500

Explanation:
Slope = (2500 – 1500) / (6 – 4) = 1000 / 2 = +500, but time reduces, so cost per day saved is -500.

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8. ______________ describes the amounts of individual resources an existing schedule requires during specific time periods.

• Resource loading
• Resource leveling
• Scope loading
• Resource succeeding

Answer: Resource loading

Explanation:
Resource loading shows how much of a resource is needed during a specific period in the project schedule.

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9. _____________ itself is always a critical resource in project management, one that is unique because it can neither be inventoried nor renewed.

• Crashed resources
• Labor
• Manpower
• Time

Answer: Time

Explanation:
Time is the only non-renewable resource in project management; once lost, it cannot be recovered.

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10. A project task is said to be __ if it requires a fixed amount of time and known quantities of resources.

• scope constrained
• time constrained
• resource constrained
• system constrained

Answer: time constrained

Explanation:
Time-constrained tasks must be completed within a fixed schedule regardless of resource availability.