Exam 9: Reducing Project Duration

When you schedule ________, you avoid the additional costs of coordination and communication when new people are added.

Making the decision to crash is the result of careful fiscal analysis and deep understanding of the project.

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

What does it mean to say that a project network is sensitive and why is that important to a project manager who needs to reduce the duration of his or her project?

As a project's duration is reduced, indirect costs are ___________.

The less steep the cost slope of an activity, the

An insensitive project network has the benefit of

The cost slope of an activity is calculated by dividing the run by the rise.

The direct cost for completing an activity in the shortest time it can realistically be completed in is called its __________ cost.

According to ________ law, adding more manpower to a late software project makes it later.

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

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

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project duration becomes a high priority.

The ________ time for an activity represents low-costs, realistic, efficient methods for completing the activity under typical conditions.

When do you know you have crashed project activities enough? In other words, when you are crashing a project, how do you know you are finished?

The less steep the cost slope of an activity, the ________ it costs to shorten one time period.

Crashing frequently results in over allocation of resources.

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?

Which of the following correctly calculates an activity's cost slope?

An activity's crash cost includes ________ costs.