Exam 6: Allocating Resources to the Project

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Microsoft Project allows the project manager to create an individual availability calendar for each resource on the project

(True/False)
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Resource loading refers to the amounts of specific resources that are scheduled for use on specific activities or projects at specific times.

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If resources were not scarce, the resource allocation problem would be concerned solely with profit maximization.

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Activities that have duration but do not require resources are referred to as pseudoactivities.

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Resource loading refers to the amounts of specific resources that are scheduled for use on specific activities or projects at specific times.

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Mark, the chief editor of a magazine, needs to create a list of all the in-house writers, designers, and freelancers who will be working on the next issue of the magazine. He also needs to list their activities, their schedules, and their cost per hour. In the context of project management, which of the following should Mark use to create this list?

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In general, steady state demand for human resources is highly desirable.

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Vanessa, a student, has to submit two assignments, A and B, on the same day. Each assignment is divided into three tasks. She has to write the first draft, check it for accuracy, and let her friend review it before submission. Each of these tasks takes 5 hours. In order to multitask effectively, Vanessa should:

(Multiple Choice)
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Lauren, a project manager, has a workload of 24,000 hours that needs to be completed in 30 weeks. She has a team of 20 people who work five 8-hour days per week. She notices that in the 30-week period, there are five holidays and 5 members have each requested 10 days off. Given this information, Lauren is _____ short of completing her workload.

(Multiple Choice)
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All projects are carried out under conditions of uncertainty.

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The task duration with standard-practice resource usage is referred to as the…

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According to research minimum slack rule is the overall best priority rule.

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Pools of like workers are most useful when labor is subdivided into highly specialized subtasks.

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What is resource loading?

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Which of the following priority rules makes resources available so that activities start on their LSTs whenever possible without increasing the project's duration?

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All tasks can be crashed to some extent.

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The primary cause of concern in resource allocation is…

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It is considered good management to crash the least costly activities before the more costly ones.

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Why are scarce resources referred to as "Walts"?

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A limitation associated with traditional approaches to project management is that the dependency between resources and tasks is often ignored.

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