Exam 7: Managing Project Resources

The longest path through a network diagram illustrates the ________ in which a project can be completed.

Crashing refers to dedicating extra resources to a particular activity in an attempt to finish the activity sooner than the scheduled completion date.

________ is an analysis to evaluate the effects of variance on the schedule of project activities.

The process of determining start and finish dates for project activities is called:

________ is any form of network analysis where resource management issues drive scheduling decisions.

Assigning more resources can always speed up the completion of activities.

The critical chain method is used when activities contend for ________ .

In contrast to the critical path method, which assigns a determinist start and finish date for each activity, PERT uses a ________ .

The time an activity can be delayed without affecting the overall completion date of a project is called:

________ is the elapsed time between the start and the finish of an activity.

________ are probabilistic analyses used to calculate the distribution of results.

A ________ is a control system developed to outline the process for the evaluation and implementation of schedule changes.

________ is the process of determining start and finish dates for project activities.

Dates imposed to meet some type of development deadline are called:

When managers choose one resource over others, an opportunity cost for the organization sometimes results.

The estimation of activities' durations using some type of mathematical process is called:

Free slack is also known as ________ .

The activity resource requirements should include any ________ made during the estimation process.

The actual time spent working on an activity, not accounting for any breaks, is called:

Using critical chain scheduling, a ________ is added to any noncritical activity feeding into a critical activity.