Question 1

Projects often compete with each other for the same resources.

Accepted Answer

A) True 
 B)False

Question 2

Explain the concept of a feeding buffer.

Accepted Answer

In the context of a project network, the

Question 3

The amount of resources a project can use depends in part on the timing of the allocation.

Accepted Answer

A) True 
 B)False

Question 4

Fast-tracking a project is used primarily in the pharmaceutical industry.

Accepted Answer

A) True 
 B)False

Question 5

Trade-offs must be made in order to optimize the use of limited resources.

Accepted Answer

A) True 
 B)False

Question 6

Often it is beneficial to crash activities not on the critical path.

Accepted Answer

A) True 
 B)False

Question 7

Explain the concept of a project buffer.

Accepted Answer

While properly scheduling the start of n

Question 8

The time to complete a task with normal or standard-practice resource usage is referred to as the crash duration.

Accepted Answer

A) True 
 B)False

Question 9

What is resource leveling? Why is it needed?

Accepted Answer

Most project management software will, w

Question 10

Applying "line balancing" techniques to balance the capacity of a project typically yields significant benefits.

Accepted Answer

A) True 
 B)False

Question 11

Briefly overview Goldratt's common chain of events.

Accepted Answer

According to Goldratt, multitasking betw

Question 12

Walter, a project manager in a design agency, is using a project management software to manage his project. The agency he works for is currently prioritizing other projects and needs to conserve scarce resources. In the context of priority rules for allocating resources, which of the following rules should Walter use?

Accepted Answer

A)  Longest task duration first 
B)  As soon as possible 
C)  As late as possible 
D)  Most critical followers 
E)  Least successors 
A)  Longest task duration first 
B)  As soon as possible 
C)  As late as possible 
D)  Most critical followers 
E)  Least successors

Question 13

According to research, the best overall priority rule is…

Accepted Answer

A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor 
A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor

Question 14

A resource allocation decision may be intended to avoid a future problem rather than correct a current problem.

Accepted Answer

A) True 
 B)False

Question 15

List and briefly explain five priority rules used to assign preference to activities when allocating scarce resources.

Accepted Answer

There are many possible rules for assign

Question 16

Good project managers are able to estimate project task times with absolute certainty.

Accepted Answer

A) True 
 B)False

Question 17

The process of line balancing is when individual production lines are made to generate the required amount of product with a little excess capacity as possible.

Accepted Answer

A) True 
 B)False

Question 18

A project that must be completed by a specific time is considered…

Accepted Answer

A)  time constrained 
B)  schedule constrained 
C)  resource constrained 
D)  performance constrained 
E)  critically constrained 
A)  time constrained 
B)  schedule constrained 
C)  resource constrained 
D)  performance constrained 
E)  critically constrained

Question 19

Hamid, a project manager, has a workload of 24,000 hours that needs to be completed in 75 workdays. He has a team of 40 people who work for five 8-hour days per week. In those 75 days, 20 people have each requested three days off at different times. In this scenario, the workload is _____ of capacity

Accepted Answer

A)  80 percent 
B)  102 percent 
C)  95 percent 
D)  75 percent 
E)  150 percent 
A)  80 percent 
B)  102 percent 
C)  95 percent 
D)  75 percent 
E)  150 percent

Question 20

The variance of the normal time can be quite different from the variance of the crash time.

Accepted Answer

A) True 
 B)False

Projects often compete with each other for the same resources.

Explain the concept of a feeding buffer.

The amount of resources a project can use depends in part on the timing of the allocation.

Fast-tracking a project is used primarily in the pharmaceutical industry.

Trade-offs must be made in order to optimize the use of limited resources.

Often it is beneficial to crash activities not on the critical path.

Explain the concept of a project buffer.

The time to complete a task with normal or standard-practice resource usage is referred to as the crash duration.

What is resource leveling? Why is it needed?

Applying "line balancing" techniques to balance the capacity of a project typically yields significant benefits.

Briefly overview Goldratt's common chain of events.

According to research, the best overall priority rule is…

A resource allocation decision may be intended to avoid a future problem rather than correct a current problem.

List and briefly explain five priority rules used to assign preference to activities when allocating scarce resources.

Good project managers are able to estimate project task times with absolute certainty.

The process of line balancing is when individual production lines are made to generate the required amount of product with a little excess capacity as possible.

A project that must be completed by a specific time is considered…

The variance of the normal time can be quite different from the variance of the crash time.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters

Exam 6: Allocating Resources to the Project

Projects often compete with each other for the same resources.

Explain the concept of a feeding buffer.

The amount of resources a project can use depends in part on the timing of the allocation.

Fast-tracking a project is used primarily in the pharmaceutical industry.

Trade-offs must be made in order to optimize the use of limited resources.

Often it is beneficial to crash activities not on the critical path.

Explain the concept of a project buffer.

The time to complete a task with normal or standard-practice resource usage is referred to as the crash duration.

What is resource leveling? Why is it needed?

Applying "line balancing" techniques to balance the capacity of a project typically yields significant benefits.

Briefly overview Goldratt's common chain of events.

According to research, the best overall priority rule is…

A resource allocation decision may be intended to avoid a future problem rather than correct a current problem.

List and briefly explain five priority rules used to assign preference to activities when allocating scarce resources.

Good project managers are able to estimate project task times with absolute certainty.

The process of line balancing is when individual production lines are made to generate the required amount of product with a little excess capacity as possible.

A project that must be completed by a specific time is considered…

The variance of the normal time can be quite different from the variance of the crash time.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters