Exam 9: Reducing Project Duration
Exam 1: Modern Project Management88 Questions
Exam 2: Organization Strategy and Project Selection87 Questions
Exam 3: Organization: Structure and Culture90 Questions
Exam 4: Defining the Project89 Questions
Exam 5: Estimating Project Times and Costs91 Questions
Exam 6: Developing a Project Plan94 Questions
Exam 7: Managing Risk86 Questions
Exam 8: Scheduling Resources and Costs91 Questions
Exam 9: Reducing Project Duration94 Questions
Exam 10: Leadership: Being an Effective Project Manager88 Questions
Exam 11: Managing Project Teams94 Questions
Exam 12: Outsourcing: Managing Interorganizational Relations94 Questions
Exam 13: Progress and Performance Measurement and Evaluation88 Questions
Exam 14: Project Closure88 Questions
Exam 15: International Projects95 Questions
Exam 16: Oversight86 Questions
Exam 17: An Introduction to Agile Project Management86 Questions
Exam 18: Project Management Career Paths35 Questions
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An activity's normal time and cost are 8 and $100,respectively.Its estimated crash time and cost are 6 and $160,respectively.What is this activity's crash cost per time unit?
(Multiple Choice)
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Intense global competition and rapid technological advances create pressure to develop projects rapidly.This is an example of reducing project duration caused by
(Multiple Choice)
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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?
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Overhead costs such as supervision,administration,consultants,and interest are examples of ________ project costs.
(Short Answer)
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Brooks' law states that adding manpower to a software project helps keep it on schedule.
(True/False)
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When you schedule ________,you avoid the additional costs of coordination and communication when new people are added.
(Short Answer)
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Because direct costs are assumed to be developed from "normal" methods and in a "normal" amount of time,any reduction in activity time should add to the costs of the activity.
(True/False)
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The higher the cost slope of an activity the lower the cost to reduce its duration.
(True/False)
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The less steep the cost slope of an activity,the ________ it costs to shorten one time period.
(Short Answer)
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In order to shorten the duration of a project the project manager should limit the choices of activities to just those which are on the __________.
(Short Answer)
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Direct costs are so named because they can be assigned directly to a work package and activity.
(True/False)
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When the project team is salaried,which of the following is the preferred choice for accelerating project completion?
(Multiple Choice)
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The cost-time crashing method relies on choosing the cheapest method for reducing the duration of the project.What are other factors that should be assessed beyond simply cost?
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Creation of the ___________ graph keeps the importance of indirect costs in the forefront of decision making.
(Short Answer)
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One way of reducing project costs is identifying tasks that _________ can do themselves.
(Short Answer)
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It is going to cost $80,000 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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Total cost for specific project durations is computed and then compared with the benefits of reducing project time,before the project begins or while it is in progress.
(True/False)
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Intense global competition and rapid technological advances combine to create a(n)________-imposed project duration date.
(Short Answer)
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The ________ time for an activity represents low-costs,realistic,efficient methods for completing the activity under typical conditions.
(Short Answer)
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