Exam 7: Managing Project Resources

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In information systems development projects, both the ________ and the technological platform that the software resides on would be examples of capital resources.

(Short Answer)
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Total slack is the time an activity can be delayed without affecting the immediately following activity.

(True/False)
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A ________ contains data and information that are compiled and used in conjunction with manual methods or project management software to perform schedule network analysis and to generate the schedule.

(Multiple Choice)
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________ is an analysis used to evaluate the effects of variance on the schedule of project activities.

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The ________ is a dedicated part of the organization whose purpose is to focus on various aspects of project management and provide services to the rest of the organization along those dimensions.

(Multiple Choice)
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Activity duration estimation becomes ________ as the project progresses.

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The use of mathematical techniques to shorten a project's duration is called:

(Multiple Choice)
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The sequence of activities:

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________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

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________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

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Critical chain scheduling uses a ________ to protect the final due date of a project.

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Resources:

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The estimation of activities' durations based upon the duration of similar activities is called:

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An example of parametric estimating is the number of ________ .

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An activity on the critical path is referred to as a ________ .

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All of the following are techniques for estimating activity duration EXCEPT:

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Managing resources should be considered:

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Published estimating data is a form of ________ .

(Short Answer)
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For most project planning activities, it is possible to give precise duration estimates early on.

(True/False)
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For almost any activity, there is a tradeoff between the time needed, the resources invested, and the ________ of the final deliverable.

(Short Answer)
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