Exam 9: Reducing Project Duration

Before crashing, direct costs for an activity represent normal costs, which typically mean low-cost, efficient methods for completing the activity in a(n) ________ amount of time.

(Multiple Choice)

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Question 21

Crashing can negatively impact the morale and motivation of the project team.

(True/False)

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Question 22

Crashing frequently results in over allocation of resources.

(True/False)

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Question 23

For most projects, the estimation of a crash time is relatively easy.

(True/False)

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Question 24

____________ is the rearranging of the project network logic so that critical activities are done in parallel rather than sequentially.

(Multiple Choice)

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Question 25

It is going to cost $120,000 a day simply to house and feed a construction crew in the farthest reaches of northern Alaska. This would be an example of a situation requiring reducing the project duration due to

(Multiple Choice)

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Question 26

When crashing an activity, you always crash to its crash point.

(True/False)

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Question 27

When determining which activity to crash, there are other factors that should be assessed beyond cost. Which of the following is NOT one of these factors?

(Multiple Choice)

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Question 28

Resources are frequently over-allocated when crashing a schedule.

(True/False)

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Question 29

According to Brooks' Law, adding more people to a late project is most likely to have which of the following impacts?

(Multiple Choice)

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Question 30

The cost slope of an activity is calculated by dividing the run by the rise.

(True/False)

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Question 31

Given an equal level of risk and the need to reduce overall project duration, why would you NOT select the activity with the least slope, in the entire project network, to crash first?

(Essay)

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Question 32

Which of the following is NOT considered a project indirect cost?

(Multiple Choice)

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Question 33

As a project is crashed and project duration is reduced, indirect costs typically

(Multiple Choice)

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Question 34

Shortening an activity's duration is termed crashing.

(True/False)

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Question 35

Direct costs are so named because they can be assigned directly to a work package and activity.

(True/False)

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Question 36

Reducing the duration of an activity is called ________.

(Multiple Choice)

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Question 37

Why should a project manager be cautious when adding resources to reduce project duration?

(Essay)

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Question 38

A construction contractor finished a bridge across a river 12 months early and received more than $5 million for the early completion. This is an example of reducing project duration caused by

(Multiple Choice)

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Question 39

When reducing project duration, there will always be an optimum cost-time point where the total cost of the project is less than it was when the project was initially planned under normal conditions.

(True/False)

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Question 40

Showing 21 - 40 of 106

Before crashing, direct costs for an activity represent normal costs, which typically mean low-cost, efficient methods for completing the activity in a(n) ________ amount of time.

Crashing can negatively impact the morale and motivation of the project team.

Crashing frequently results in over allocation of resources.

For most projects, the estimation of a crash time is relatively easy.

____________ is the rearranging of the project network logic so that critical activities are done in parallel rather than sequentially.

It is going to cost $120,000 a day simply to house and feed a construction crew in the farthest reaches of northern Alaska. This would be an example of a situation requiring reducing the project duration due to

When crashing an activity, you always crash to its crash point.

When determining which activity to crash, there are other factors that should be assessed beyond cost. Which of the following is NOT one of these factors?

Resources are frequently over-allocated when crashing a schedule.

According to Brooks' Law, adding more people to a late project is most likely to have which of the following impacts?

The cost slope of an activity is calculated by dividing the run by the rise.

Given an equal level of risk and the need to reduce overall project duration, why would you NOT select the activity with the least slope, in the entire project network, to crash first?

Which of the following is NOT considered a project indirect cost?

As a project is crashed and project duration is reduced, indirect costs typically

Shortening an activity's duration is termed crashing.

Direct costs are so named because they can be assigned directly to a work package and activity.

Reducing the duration of an activity is called ________.

Why should a project manager be cautious when adding resources to reduce project duration?

A construction contractor finished a bridge across a river 12 months early and received more than $5 million for the early completion. This is an example of reducing project duration caused by

When reducing project duration, there will always be an optimum cost-time point where the total cost of the project is less than it was when the project was initially planned under normal conditions.

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Schedule

Managing Risk

Scheduling Resources and Costs

Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

Agile Project Management

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