5. Implementation & Governance

Project Management — Quiz

Test your understanding of project management with 5 practice questions.

Practice Questions

Question 1

Using the PERT estimation method, calculate the expected duration \$E\$ of a task with optimistic time \$O=4\$ days, most likely time \$M=8\$ days, and pessimistic time \$P=16\$ days. Which value is closest?

Question 2

For a health IT project with Budget at Completion \$BAC=500{,}000\$, Actual Cost \$AC=300{,}000\$, and Earned Value \$EV=270{,}000\$, what is the Cost Performance Index (CPI) and the Estimate at Completion (EAC) assuming performance remains constant?

Question 3

A qualitative risk in a health IT project has a 25% probability and would incur a \$200,000\$ cost if it occurs. What is the Expected Monetary Value (EMV) of this risk?

Question 4

Consider a project network with three parallel paths: Path A durations sum to 12 days, Path B to 11 days, and Path C to 10 days. What is the project’s critical path and its duration?

Question 5

In a resource leveling scenario, which technique best flattens resource usage peaks while maintaining project deadlines?