30 Dec In a resource-constrained

• Question 1

All of the following are disadvantages of scheduling overtime EXCEPT

• Question 2

When determining which activity to crash, there are other factors that should be assessed beyond cost. Which of the following is NOT one of these factors?

• Question 3

Adverse weather, design flaws, and equipment breakdown can create negative slack. This is an example of reducing project duration caused by

• Question 4

An activity’s normal time and cost are 8 and $100, respectively. Its estimated crash time and cost are 6 and $160, respectively. What is this activity’s crash cost per time unit?

• Question 5

The shortest possible time an activity can be completed realistically is called ___¬¬¬_____ time.

• Question 6

Without any formal planning, the president of a software company remarks in a speech that new technologically advanced software will be available in one year. This may lead to a project that must be done faster than anticipated. This is an example of reducing project duration caused by

• Question 7

When reducing project duration, the crash cost per unit has to be calculated and the maximum units each activity can be reduced must be known. After this, the critical path must be identified. What is the next step?

• Question 8

Intense global competition and rapid technological advances create pressure to develop projects rapidly. This is an example of reducing project duration caused by

• Question 9

_____________ is a measure of how easy it would be to notice that a risk event was going to occur in time to take mitigating action, that is, how much warning you would have.

• Question 10

A fixed price contract is an example of

• Question 11

The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled by which of the following?

• Question 12

The chances of a risk event occurring as a project proceeds through its life cycle tend to

• Question 13

A list of questions that address traditional areas of uncertainty on a project is termed a

• Question 14

One common mistake made early in the risk identification process is to

• Question 15

The risk assessment form contains all of the following EXCEPT

• Question 16

Which of the following activities might you consider adding a time buffer to?

• Question 17

Which of the following groups should NOT be a part of the risk identification process?

• Question 18

Most of the scheduling methods available today require the project manager to classify the project as either _______ constrained or ______ constrained.

• Question 19

Resources are adequate, but demand varies widely over the life of the project. Delaying noncritical activities to lower peak demand on resources is known as resource

• Question 20

Splitting an activity can result in all of the following EXCEPT

• Question 21

In a resource-constrained project the second priority in assigning resources is usually given to activities with the

• Question 22

Project budgets are developed by time-phasing which of the following?

• Question 23

In a resource-constrained project the third priority in assigning resources is usually given to activities with the

• Question 24

When considering the sequence and timing of activities, which of the following is NOT one of the types of project network constraints?

• Question 25

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called