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CH9 mlp
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Questions in this quiz (39)
1Without 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. This is an example of reducing project duration caused by
- AImposed project deadlines.
- BTime to market.
2Intense global competition and rapid technological advances create pressure to develop projects rapidly. This is an example of reducing project duration caused by
- AImposed project deadlines.
- BTime to market.
3A contractor finished a bridge across a lake 18 months early and received more than $6 million for the early completion. This is an example of reducing project duration caused by
- Aimposed deadlines
- BTime to market.
- CUnforeseen project delays
- DHigh overhead.
- EEIncentive contracts.
4Adverse weather, design flaws, and equipment breakdown can create negative slack. This is an example of reducing project duration caused by
- Aimposed project deadlines.
- BTime to market
- CUnforeseen project delays.
5In a Project Cost-Duration Graph, total project costs are a sum of
- ALabor, material and equipment costs.
- BB. Direct costs plus interest.
- CE. Direct and indirect costs.
6Which of the following is NOT considered a project indirect cost?
- AWhich of the following is NOT considered a project indirect cost?
A. Supervision - BB. Consultants
- CC. Equipment
- AWhich of the following is NOT considered a project indirect cost?
7As a project is crashed and project duration is reduced, indirect costs typically
- AA. Increase.
- BAs a project is crashed and project duration is reduced, indirect costs typically
Become unstable. - CDecrease.
8Before crashing, direct costs for an activity represent normal costs, which typically mean low-cost, efficient methods for completing the activity in a(n) ________ amount of time.
- AA. Normal
- BBudgeted
9The shortest possible time an activity can be completed realistically is called ________ time.
- AExpedited
- BAccelerated
- CC. Crash
10As a project is crashed and project duration is reduced, direct costs typically
- AIncrease.
- BBecome unstable.
11The direct cost for completing an activity in the shortest time it can realistically be completed in is called its __________ cost.
- ANormal
- BReserve
- CC. Crash
12An activity's crash cost includes ________ costs.
- AA. Direct
- BB. Indirect
13Cost slope can be determined by dividing the
- ARun by the rise.
- BB. Rise by the run.
14The less steep the cost slope of an activity, the
- AA. Less it costs to shorten one time period.
- BB. More it costs to shorten one time period.
15Which of the following correctly calculates an activity's cost slope?
- A(normal cost - crash cost)/(normal time - crash time)
- BB. (crash cost - normal cost)/(normal time - crash time)
16Emily 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?
- AC. Calculate the crash point
- BIdentify the critical path
17In selecting the best activity to crash you would first select the activity with the
- AEarliest start time.
- BMost steep slope.
- CLeast steep slope.
18When reducing project duration, the duration for a project that is optimal is at the point where
- ADirect costs are the lowest.
- BIndirect costs are the lowest.
- CTotal project costs are the lowest.
19When reducing project duration, the crash cost per unit has to be calculated and the maximum units each activity can be reduced must be known. After this, the critical path must be identified. What is the next step?
- AFind the activity with the lowest crash cost
- BCalculate the optimum cost-time point
20When determining which activity to crash, there are other factors that should be assessed beyond cost. Which of the following is NOT one of these factors?
- AResource availability after crashing that activity
- BThe level of difficulty involved in completing the activity
21Reducing project duration
- AIs always more expensive.
- BTends to increase network sensitivity.
22An 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?
- A$33
- B$30
23The relationship between the normal point and the crash point is assumed to be
- ALinear.
- BCurvilinear.
24When a project manager must reduce project duration but resources are constrained, creating a software program that will have fewer features than originally planned or building a house without the bonus room the owner originally specified in the plans would both be examples of
- AFast-tracking.
- BUsing critical-chain project management.
- CReducing project scope.
25Which of the following is NOT a rational reason to reduce project duration?
- AIncentive contracts
- BHigh network sensitivity
26Sometimes very high __________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority
- AProject
- BOverhead
27One way of reducing project costs is identifying tasks that _________ can do themselves
- AVendors
- BSuppliers
- CCustomers
28Which of the following projects would be least benefited if additional resources were added?
- ASplitting and stacking a cord of wood
- BDeveloping new software
29Which of the following is NOT one of the more commonly used options for cutting project costs?
- AReduce project scope
- BHave owner take more responsibility
- CMove the completion date further out
30All of the following are disadvantages of scheduling overtime EXCEPT
- AOvertime is associated with additional costs of coordination and communication.
- BSustained overtime work by salaried employees may incur burnout.
31According to Brooks' Law, adding more people to a late project is most likely to have which of the following impacts
- AKeep the project from slipping any further
- BAccording to Brooks' Law, adding more people to a late project is most likely to have which of the following impacts?
Get the project back on schedule - CMake the project slip further
32When it is necessary to reduce project duration and resources are constrained, which of the following is NOT a reasonable option?
- AEstablishing a core project team
- BFast-tracking
33Which of the following is NOT a technique for accelerating project completion when resources are not constrained?
- AReduce project scope
- BCompromise quality
34When the project team is salaried, which of the following is the preferred choice for accelerating project completion?
- AAssigning additional staff and equipment
- BSubcontract work
- CSchedule overtime
35It 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
- AImposed project deadlines.
- BTime to market.
- CUnforeseen project delays.
- DHigh overhead.
36When crashing a schedule, this may set in when a least-cost method is used.
- Aincreased risk
- Bfatigue and resentment
37A project that has several near-critical or critical paths is said to be
- AInherently risky
- BSensitive
38Compressing activities on a project with a sensitive project network will
- AReduce scheduling flexibility.
- BIncrease risk of delaying the project and reduce scheduling flexibility.
39An insensitive project network has the benefit of
- ANot increasing risk as activities are initially crashed.
- BHaving potential for real cost savings
- CHaving potential for significant time savings.
- DAll of these choices are correct.
Information
- Description
- Quiz on CH9 mlp, created by shamuz ALI on 01/04/2019.
- Author
- shamuz ALI
- Language
- English
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