18 Jan Question 12 Technical constraints

BUS375 Project Management

Quiz 3

Question 1 Including the change control system within the ________ is a key to a successful project.

Question 2 The chances of a risk event occurring as a project proceeds through its life cycle tend to

Question 3 Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?

Question 4 Purchasing an accident insurance policy would be an example of responding to a risk by ________ it.

Question 5 This response allocates some or all of the responsibility of realizing the identified Opportunity for the project.

Question 6 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 7 The initial step in the risk management process is to

Question 8 Which of the following is NOT one of the potential responses to a specific risk event?

Question 9 Tools such as a risk assessment form and a risk severity matrix are used to

Question 10 The cost impact of a risk event occurring as a project proceeds through its life cycle tends to

Question 11 A special truck that George needs on his project has been scheduled on another project. This is an example of what type of resource constraint?

Question 12 Technical constraints have been carefully considered when developing a project network. Which of the following is true at this point?

Question 13 In reviewing the status of her project with top management, Shirley was told that there are only two programmers that she can use for her project. Her project is classified as ________ constrained.

Question 14 Most of the scheduling methods available today require the project manager to classify the project as either ________ constrained or ________ constrained.

Question 15 While balancing assignments, a project manager must also balance:

Question 16 When there are not enough people, money, and/or equipment available for a project it is known as being

Question 17 In a resource-constrained project, which of the following is most likely to be changed?

Question 18 All of the following are benefits of scheduling resources before project implementation EXCEPT

Question 19 Susan is to conduct environmental testing but the chamber cannot hold all the equipment that she wants to test. This is an example of a constraint that could impact the sequence and timing of activities in a project network. What type of constraint is it?

Question 20 All of the following are types of resource constraints EXCEPT

Question 21 Cost slope can be determined by dividing the

Question 22 Reducing project duration

Question 23 Before crashing, direct costs for an activity represent normal costs, which typically mean low-cost, efficient methods for completing the activity in a(n) ________ amount of time.

Question 24 As a project is crashed and project duration is reduced, indirect costs typically

Question 25 Which of the following is NOT considered a project indirect cost?

Question 26 All of the following are disadvantages of scheduling overtime EXCEPT

Question 27 In selecting the best activity to crash you would first select the activity with the

Question 28 The relationship between the normal point and the crash point is assumed to be

Question 29 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 30 The direct cost for completing an activity in the shortest time it can realistically be completed in is called its ________ cost.