Question 1

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

Accepted Answer

A)  Increase. 
B)  Become unstable. 
C)  Decrease. 
D)  Become unreliable. 
E)  Stay the same. 
A)  Increase. 
B)  Become unstable. 
C)  Decrease. 
D)  Become unreliable. 
E)  Stay the same. A

Question 2

Costs such as labor,materials,equipment,or contractors are examples of ________ project costs.

Accepted Answer

direct
Explanation: Direct costs commonly represent labor,materials,equipment,and sometimes subcontractors.Direct costs are assigned directly to a work package and activity.

Question 3

An activity's ________ is calculated by dividing the rise by the run.

Accepted Answer

slope
Explanation: Cost Slope = Rise/Run.

Question 4

What if cost,not time,is the issue? What are some options available to project managers? Identify and briefly describe three.

Accepted Answer

The answer of What if cost,not time,is the issue? What...

Question 5

Given that an activity's normal time and cost are 10 days and $400,respectively,and its crash time and cost are 5 days and $800,respectively,what is the activity's slope?

Accepted Answer

The answer of Given that an activity's normal time and...

Question 6

Which of the following is NOT a technique for accelerating project completion when resources are not constrained?

Accepted Answer

A)  Assign additional staff and equipment 
B)  Establish a core team 
C)  Do it twice-first fast and then correctly 
D)  Reduce project scope 
E)  Compromise quality 
A)  Assign additional staff and equipment 
B)  Establish a core team 
C)  Do it twice-first fast and then correctly 
D)  Reduce project scope 
E)  Compromise quality

Question 7

Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline.She has calculated the crash cost per unit and knows the maximum units each activity can be reduced.What is the next step?

Accepted Answer

A)  Find the activity with the lowest crash cost 
B)  Calculate the optimum cost-time point 
C)  Calculate the crash point 
D)  Identify the critical path 
E)  Find the activity with the highest crash cost 
A)  Find the activity with the lowest crash cost 
B)  Calculate the optimum cost-time point 
C)  Calculate the crash point 
D)  Identify the critical path 
E)  Find the activity with the highest crash cost

Question 8

When adding resources,there are limits as to how much speed can be gained.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

The relationship between the normal point and the crash point is assumed to be

Accepted Answer

A)  Linear. 
B)  Curvilinear. 
C)  Variable. 
D)  Conversely related. 
E)  Exponentially related. 
A)  Linear. 
B)  Curvilinear. 
C)  Variable. 
D)  Conversely related. 
E)  Exponentially related.

Question 11

In selecting the best activity to crash you would first select the activity with the

Accepted Answer

A)  Earliest start time. 
B)  Most steep slope. 
C)  Least steep slope. 
D)  Longest duration. 
E)  Largest crash time. 
A)  Earliest start time. 
B)  Most steep slope. 
C)  Least steep slope. 
D)  Longest duration. 
E)  Largest crash time.

Question 12

Without any formal planning,the president of a software company remarks in a speech that new technologically advanced software will be available in one year.This may lead to a project that must be done faster than anticipated.The completion date has been __________.

Accepted Answer

imposed
Explanation: Imposed deadlines a

Question 13

Which of the following is NOT a rational reason to reduce project duration?

Accepted Answer

A)  Incentive contracts 
B)  High network sensitivity 
C)  Imposed deadlines 
D)  High overhead costs 
E)  Unforeseen delays 
A)  Incentive contracts 
B)  High network sensitivity 
C)  Imposed deadlines 
D)  High overhead costs 
E)  Unforeseen delays

Question 14

The accuracy of crash times and costs is frequently rough at best,when compared with normal time and cost.

Accepted Answer

A) True 
 B)False

Question 15

Adverse weather,design flaws,and equipment breakdown can create negative slack.This is an example of reducing project duration caused by

Accepted Answer

A)  Imposed project deadlines. 
B)  Time to market. 
C)  Unforeseen project delays. 
D)  High overhead. 
E)  Incentive contracts. 
A)  Imposed project deadlines. 
B)  Time to market. 
C)  Unforeseen project delays. 
D)  High overhead. 
E)  Incentive contracts.

Question 16

Cost slope can be determined by dividing the

Accepted Answer

A)  Run by the rise. 
B)  Rise by the run. 
C)  Crash cost by the normal cost. 
D)  Normal cost by the crash cost. 
E)  Indirect cost by direct cost. 
A)  Run by the rise. 
B)  Rise by the run. 
C)  Crash cost by the normal cost. 
D)  Normal cost by the crash cost. 
E)  Indirect cost by direct cost.

Question 17

In a Project Cost-Duration Graph,total project costs are a sum of

Accepted Answer

A)  Labor,material and equipment costs. 
B)  Direct costs plus interest. 
C)  Direct labor costs and the project manager's salary. 
D)  Direct costs and the project manager's salary. 
E)  Direct and indirect costs. 
A)  Labor,material and equipment costs. 
B)  Direct costs plus interest. 
C)  Direct labor costs and the project manager's salary. 
D)  Direct costs and the project manager's salary. 
E)  Direct and indirect costs.

Question 18

How is the optimum cost-time point determined? What are the conditions that must exist for one to be present at a project duration other than the duration originally created under normal conditions?

Accepted Answer

The answer of How is the optimum cost-time point determined?...

Question 19

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

Accepted Answer

A)  Supervision 
B)  Consultants 
C)  Equipment 
D)  Interest 
E)  The project manager's salary 
A)  Supervision 
B)  Consultants 
C)  Equipment 
D)  Interest 
E)  The project manager's salary

Question 20

When reducing project duration,the duration for a project that is optimal is at the point where

Accepted Answer

A)  Direct costs are the lowest. 
B)  Indirect costs are the lowest. 
C)  Direct costs equal indirect costs. 
D)  Total project costs are the lowest. 
E)  The project changes from time-constrained to resource-constrained. 
A)  Direct costs are the lowest. 
B)  Indirect costs are the lowest. 
C)  Direct costs equal indirect costs. 
D)  Total project costs are the lowest. 
E)  The project changes from time-constrained to resource-constrained.

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

Costs such as labor,materials,equipment,or contractors are examples of ________ project costs.

An activity's ________ is calculated by dividing the rise by the run.

What if cost,not time,is the issue? What are some options available to project managers? Identify and briefly describe three.

Given that an activity's normal time and cost are 10 days and $400,respectively,and its crash time and cost are 5 days and $800,respectively,what is the activity's slope?

Which of the following is NOT a technique for accelerating project completion when resources are not constrained?

Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline.She has calculated the crash cost per unit and knows the maximum units each activity can be reduced.What is the next step?

When adding resources,there are limits as to how much speed can be gained.

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

The relationship between the normal point and the crash point is assumed to be

In selecting the best activity to crash you would first select the activity with the

Without any formal planning,the president of a software company remarks in a speech that new technologically advanced software will be available in one year.This may lead to a project that must be done faster than anticipated.The completion date has been __________.

Which of the following is NOT a rational reason to reduce project duration?

The accuracy of crash times and costs is frequently rough at best,when compared with normal time and cost.

Adverse weather,design flaws,and equipment breakdown can create negative slack.This is an example of reducing project duration caused by

Cost slope can be determined by dividing the

In a Project Cost-Duration Graph,total project costs are a sum of

How is the optimum cost-time point determined? What are the conditions that must exist for one to be present at a project duration other than the duration originally created under normal conditions?

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

When reducing project duration,the duration for a project that is optimal is at the point where

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 9: Reducing Project Duration

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

Costs such as labor,materials,equipment,or contractors are examples of ________ project costs.

An activity's ________ is calculated by dividing the rise by the run.

What if cost,not time,is the issue? What are some options available to project managers? Identify and briefly describe three.

Given that an activity's normal time and cost are 10 days and $400,respectively,and its crash time and cost are 5 days and $800,respectively,what is the activity's slope?

Which of the following is NOT a technique for accelerating project completion when resources are not constrained?

Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline.She has calculated the crash cost per unit and knows the maximum units each activity can be reduced.What is the next step?

When adding resources,there are limits as to how much speed can be gained.

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

The relationship between the normal point and the crash point is assumed to be

In selecting the best activity to crash you would first select the activity with the

Without any formal planning,the president of a software company remarks in a speech that new technologically advanced software will be available in one year.This may lead to a project that must be done faster than anticipated.The completion date has been __________.

Which of the following is NOT a rational reason to reduce project duration?

The accuracy of crash times and costs is frequently rough at best,when compared with normal time and cost.

Adverse weather,design flaws,and equipment breakdown can create negative slack.This is an example of reducing project duration caused by

Cost slope can be determined by dividing the

In a Project Cost-Duration Graph,total project costs are a sum of

How is the optimum cost-time point determined? What are the conditions that must exist for one to be present at a project duration other than the duration originally created under normal conditions?

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

When reducing project duration,the duration for a project that is optimal is at the point where

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters