Exam 7: Managing Project Resources

The time an activity can be delayed without affecting the immediately following activity is called:

For experienced project managers, it is okay to give quick resource estimates based on gut feelings.

The process of putting procedures and rules in place for controlling changes to the project schedules is called:

The performance of activities in parallel that would normally be performed in sequence in an attempt to shorten the duration of a project is called:

Under unlimited resources, the critical chain is shorter than the critical path.

A ________ displays the availability of the different resources.

Reserve analysis is a technique used to establish contingency reserves during a project to ________ .

Resources are sources of supply and support, and include money, people, materials technology, and ________ .

Any activity on the critical path:

The prudent project manager should provide ________ rather than point estimates.

The ________ aids project managers in determining when activities can be performed given resources and constraints.

The ________ determines the process for evaluating and implementing potential schedule changes.

The sequence of activities can be determined ________ the resources.

Human resources include all project stakeholders.

A fundamental part of scheduling a project is to determine the tasks' durations, which involves ________ that need to be assigned to the tasks.

What are examples of resources?

The critical chain method adds project buffers to noncritical activities feeding into critical activities.

In information systems development projects, ________ would be (an)example(s)of capital resources.

________ is an estimating technique in which trade- offs between the time needed, the resources invested, and the desired quality of the final deliverable are examined.

________ use a process of evaluating alternative strategies by observing how changes to selected factors affect other factors and outcomes.