Question 1

When the work is routine,fast-tracking rarely causes serious problems.

Accepted Answer

A) True 
 B)False

Question 2

Allocating specific,limited resources to specific activities is called

Accepted Answer

A)  resource allocation 
B)  resource leveling 
C)  resource tracking 
D)  expediting a project 
E)  crashing a project 
A)  resource allocation 
B)  resource leveling 
C)  resource tracking 
D)  expediting a project 
E)  crashing a project

Question 3

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

Accepted Answer

A)  feeding buffer 
B)  project buffer 
C)  path buffer 
D)  critical buffer 
E)  team buffer 
A)  feeding buffer 
B)  project buffer 
C)  path buffer 
D)  critical buffer 
E)  team buffer

Question 4

Often it is beneficial to crash activities NOT on the critical path.

Accepted Answer

A) True 
 B)False

Question 5

The variance of the normal time can be quite different from the variance of the crash time.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Projects often compete with each other for the same resources.

Accepted Answer

A) True 
 B)False

Question 9

Pools of like resources from which labor can be added temporarily to projects tend to increase costs for the firm as a whole.

Accepted Answer

A) True 
 B)False

Question 10

Good PM are able to estimate project task times with absolute certainty

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

Starting the building phase before the design and planning phases is called

Accepted Answer

A)  operations overlapping 
B)  concurrent engineering 
C)  fast-tracking 
D)  concurrent construction 
E)  construction overlapping 
A)  operations overlapping 
B)  concurrent engineering 
C)  fast-tracking 
D)  concurrent construction 
E)  construction overlapping

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

According to research,the best overall priority rule is

Accepted Answer

A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor 
A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor

Question 16

A limitation associated with traditional approaches to project management is that the dependency between resources and tasks is often ignored.

Accepted Answer

A) True 
 B)False

Question 17

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 $100.What is the crash cost per day?

Accepted Answer

A)  $140 
B)  $70 
C)  $50 
D)  $40 
E)  $30 
A)  $140 
B)  $70 
C)  $50 
D)  $40 
E)  $30

Question 18

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

Accepted Answer

A)  expected task duration 
B)  nominal task duration 
C)  crash duration 
D)  normal task duration 
E)  planned task duration 
A)  expected task duration 
B)  nominal task duration 
C)  crash duration 
D)  normal task duration 
E)  planned task duration

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Which of the following priority rules makes resources available so that activities start on their LSTs whenever possible without increasing the project's duration?

Accepted Answer

A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor 
A)  as soon as possible 
B)  as late as possible 
C)  shortest task duration first 
D)  minimum slack first 
E)  most critical successor

When the work is routine,fast-tracking rarely causes serious problems.

Allocating specific,limited resources to specific activities is called

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

Often it is beneficial to crash activities NOT on the critical path.

The variance of the normal time can be quite different from the variance of the crash time.

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

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

Projects often compete with each other for the same resources.

Pools of like resources from which labor can be added temporarily to projects tend to increase costs for the firm as a whole.

Good PM are able to estimate project task times with absolute certainty

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

Starting the building phase before the design and planning phases is called

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

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

According to research,the best overall priority rule is

A limitation associated with traditional approaches to project management is that the dependency between resources and tasks is often ignored.

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 $100.What is the crash cost per day?

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

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

Which of the following priority rules makes resources available so that activities start on their LSTs whenever possible without increasing the project's duration?

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters

Exam 6: Allocating Resources to the Project

When the work is routine,fast-tracking rarely causes serious problems.

Allocating specific,limited resources to specific activities is called

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

Often it is beneficial to crash activities NOT on the critical path.

The variance of the normal time can be quite different from the variance of the crash time.

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

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

Projects often compete with each other for the same resources.

Pools of like resources from which labor can be added temporarily to projects tend to increase costs for the firm as a whole.

Good PM are able to estimate project task times with absolute certainty

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

Starting the building phase before the design and planning phases is called

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

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

According to research,the best overall priority rule is

A limitation associated with traditional approaches to project management is that the dependency between resources and tasks is often ignored.

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 $100.What is the crash cost per day?

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

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

Which of the following priority rules makes resources available so that activities start on their LSTs whenever possible without increasing the project's duration?

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters