Exam 6: Allocating Resources to the Project

All of the following are criteria available to help choose the priority rule mentioned in the textbook except;

Crashing non-critical activities will influence project duration.

In general, steady state demand for human resources is highly desirable.

Fast-tracking a project is used primarily in the pharmaceutical industry.

According to research minimum slack rule is the overall best priority rule.

Explain how you would choose a priority rule.

Which of the following is not commonly used to help select a priority rule?

When crashing a task, the usual assumption is that a task is crashed the full amount or none at all.

Microsoft Project allows the project manager to create an individual availability calendar for each resource on the project

The time to complete a task with normal or standard-practice resource usage is referred to as the crash duration.

Trade-offs must be made in order to optimize the use of limited resources.

For resources that are consumed when used, the problem is which project gets to use the resource first and which must wait.

Why are scarce resources referred to as "Walts"?

A task's duration is a function of both the amount of labor required to complete the task as well as the calendar time required to complete it.

What is the effect of not reporting the early completion of project activities?

Briefly overview Goldratt's common chain of events.

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

The CPM method cannot be used when task durations are probabilistic.

The safety time added to chains other than the critical chain is called…

Allocating specific, limited resources to specific activities is called…