Exam 6: Allocating Resources to the Project

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

A project that must be completed within the specified performance requirements is considered…

Free
(Multiple Choice)
4.8/5
(40)
Correct Answer:
Verified

D

The following describes which priority rule: This is the standard rule in scheduling.

Free
(Multiple Choice)
4.7/5
(42)
Correct Answer:
Verified

A

A project that must be completed by a specific time is considered…

Free
(Multiple Choice)
4.8/5
(35)
Correct Answer:
Verified

A

A resource allocation decision may be intended to avoid a future problem rather than correct a current problem.

(True/False)
4.7/5
(33)

A task has a normal duration of 9 days and a crash duration of 7 days. Its normal cost is $40 and its crash cost is $1What is the crash cost per day?

(Multiple Choice)
4.8/5
(41)

List and briefly explain five priority rules used to assign preference to activities when allocating scarce resources.

(Essay)
4.8/5
(29)

Hamid, a project manager, has a workload of 24,000 hours that needs to be completed in 75 workdays. He has a team of 40 people who work for five 8-hour days per week. In those 75 days, 20 people have each requested three days off at different times. In this scenario, the workload is _____ of capacity

(Multiple Choice)
4.9/5
(29)

What is resource loading?

(Essay)
4.8/5
(40)

Multitasking speeds up project completion.

(True/False)
4.9/5
(35)

The as late as possible priority rule is considered the standard scheduling rule.

(True/False)
4.8/5
(30)

Allocating specific, limited resources to specific activities is called…

(Multiple Choice)
4.9/5
(46)

Victoria, a project manager, has undertaken a project similar to one she did earlier. Owing to her team's familiarity with the processes that are required to complete the project, Victoria is able to produce the required deliverable ahead of schedule. She achieves this by simultaneously completing two phases of work. In this scenario, which of the following does Victoria use to complete the project?

(Multiple Choice)
4.7/5
(39)

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

(True/False)
4.8/5
(46)

Arthur, a project manager, has multiple projects under him, and his team members are multitasking between these projects. When he planned these projects, Arthur asked his team members the number of hours they will take to complete their respective tasks. However, they are taking longer than discussed, which is preventing Arthur from taking on more projects. According to Goldratt, which of the following should Arthur do to fix this issue?

(Multiple Choice)
4.8/5
(40)

The following describes which priority rule: With this rule, resources are made available so that activities start on their latest start times (LS) whenever possible without increasing the project's duration.

(Multiple Choice)
4.8/5
(38)

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

(Multiple Choice)
4.9/5
(44)

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)
4.9/5
(35)

William, a project manager, is trying to figure out how many hours his team can work in a period of three months. After accounting for weekends, he notes that each member of the team can work for five 8-hour days per week. After consulting his calendar, he realizes that there are three public holidays in the next three months and two employees have each requested two separate weeks off. His team consists of 15 people. Given this information, William can allocate approximately _____ of work to his team.

(Multiple Choice)
4.9/5
(28)

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

(True/False)
4.9/5
(40)

The following describes which priority rule: This rule usually minimizes the number of late activities.

(Multiple Choice)
4.9/5
(32)
Showing 1 - 20 of 89
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)