Exam 10: Project Scheduling: Lagging, Crashing, and Activity Networks

An activity performed by a subcontractor is scheduled for 20 weeks at an anticipated cost of $100,000. Due to slippage on the critical path you need to reduce this activity by three weeks. If the subcontractor informs you that the activity can be completed in 15 weeks for $200,000, what is the slope for the activity?

(Multiple Choice)

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Question 41

The process of accelerating a project is referred to as __________.

(Short Answer)

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Question 42

Which statement about this Gantt chart is best?

(Multiple Choice)

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Question 43

Use the Gantt chart and activity list to determine which resource is released from this project for use in another project the earliest.

(Multiple Choice)

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Question 44

Determine early start and early finish times for all activities in this network. Activity duration in days appears under each arrow.

(Essay)

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Question 45

__________ represent one of the first attempts to develop a network diagram that orders project activities by baseline calendar dates.

(Short Answer)

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Question 46

Finish to start lags are the same as additional activity slack.

(True/False)

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Question 47

The primary drawback with __________ networks occurs when the project is very complex, with numerous paths through the model.

(Short Answer)

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Question 48

The process of accelerating a project is referred to as:

(Multiple Choice)

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Question 49

A finish to start lag delay is usually shown:

(Multiple Choice)

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Question 50

Use the Gantt chart and activity list to determine which resource is used the most.

(Multiple Choice)

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Question 51

Research has shown that, in general,:

(Multiple Choice)

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Question 52

Use the Gantt chart and activity list to determine which resource is used the least.

(Multiple Choice)

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Question 53

What are four criticisms and caveats to bear in mind as you develop a project activity network?

(Essay)

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Question 54

Given the cost information in the table, what is the cheapest activity to crash on a per week basis?

(Multiple Choice)

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Question 55

A complex project that is managed using a top-down, bottom-up approach to network diagrams means that:

(Multiple Choice)

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Question 56

The horizontal axis for a Gantt chart is __________.

(Short Answer)

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Question 57

If a project is extraordinarily complex, rather than showing every possible path through the network and every activity sequence, a(n) __________ that shows only the key subroutines or network paths can be created.

(Short Answer)

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Question 58

A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $6,000 per week for every week the project extends beyond 40 weeks. What is the lowest total cost for completing this project?

(Multiple Choice)

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Question 59

If an activity's cost is plotted against its duration on axes with zeros at the origin:

(Multiple Choice)

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Question 60

Showing 41 - 60 of 90

The process of accelerating a project is referred to as __________.

Which statement about this Gantt chart is best?

Use the Gantt chart and activity list to determine which resource is released from this project for use in another project the earliest.

Determine early start and early finish times for all activities in this network. Activity duration in days appears under each arrow.

__________ represent one of the first attempts to develop a network diagram that orders project activities by baseline calendar dates.

Finish to start lags are the same as additional activity slack.

The primary drawback with __________ networks occurs when the project is very complex, with numerous paths through the model.

The process of accelerating a project is referred to as:

A finish to start lag delay is usually shown:

Use the Gantt chart and activity list to determine which resource is used the most.

Research has shown that, in general,:

Use the Gantt chart and activity list to determine which resource is used the least.

What are four criticisms and caveats to bear in mind as you develop a project activity network?

Given the cost information in the table, what is the cheapest activity to crash on a per week basis?

A complex project that is managed using a top-down, bottom-up approach to network diagrams means that:

The horizontal axis for a Gantt chart is __________.

If a project is extraordinarily complex, rather than showing every possible path through the network and every activity sequence, a(n) __________ that shows only the key subroutines or network paths can be created.

A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $6,000 per week for every week the project extends beyond 40 weeks. What is the lowest total cost for completing this project?

If an activity's cost is plotted against its duration on axes with zeros at the origin:

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Critical Chain Project Scheduling

Resource Management

Project Evaluation and Control

Project Closeout and Termination

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