Exam 8: Resourcing Projects

Figure 8-4 Project Crashing Information -Consider the project crashing information presented in Figure 8-4. What is the incremental cost to achieve a one-day reduction in the duration of this project in the most cost efficient manner?

When estimating resource needs,project teams should consider all the following EXCEPT:

Figure 8-4 Project Crashing Information -Consider the project crashing information presented in Figure 8-4. What is the cost to complete this project in the normal time?

Figure 8-2 Software Programmer Loading Chart -Consider the software programmer loading chart presented in Figure 8-2. What percent of available time is the software programmer assigned to work activities on Thursday?

Often circumstances dictate the need to accelerate a project schedule. Describe how crashing and fast tracking can be used to compress a project schedule. What limitations do you see with using each of these methods?

While a "RACI" chart may be very useful for assigning activities to core team members and project managers,the sheer number of subject matter experts on many projects renders the RACI chart impractical for large projects.

Scope reductions are fairly common among projects that face severe schedule constraints.

Figure 8-1 RACI Chart -Consider the RACI chart presented in Figure 8-1 (RACI stands for Responsible,Approve,Consult,Inform).Who is responsible for development of the specification?

When identifying people to work on the project,it is helpful to consider their professional disciplines,skill levels and their physical location.

Project managers must often face the challenge of compressing the project schedule. All of the following actions can be taken to reduce the duration of the critical path EXCEPT:

When determining resource availability,project managers need only consider full-time,internal resources.

When constructing a responsibility matrix or "RACI" chart,it is important to ensure that only one person has primary responsibility for any activity.

Figure 8-4 Project Crashing Information -Consider the project crashing information presented in Figure 8-4. What is the normal (un-crashed)duration of this project?

The project resource allocation plan is the document that describes when and how human resource requirements will be met.

Project managers often confront the challenge of reducing excessive time commitments and overloads among project resources. All of the following methods represent a potentially viable strategy to reduce work overloads EXCEPT:

Figure 8-4 Project Crashing Information -Consider the project crashing information presented in Figure 8-4. What is the total cost to complete this project in 7 days if crashed in the most cost efficient manner?

Critical Chain Project Management (CCPM)attempts to keep the most highly demanded resource busy on critical chain activities.

Crashing almost always accelerates the schedule while increasing project risk,whereas fast tracking almost always accelerates the schedule while increasing project cost.

What is a responsibility matrix? Describe how you might use a responsibility matrix to manage the resources assigned to your project?

Even when a project team does not identify individual activities,it will still need to determine how many resources are needed to complete the project