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Exam 9: Reducing Project Duration

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Question 51

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Crashing a more expensive activity may be wise if fewer inherent risks are involved.

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Question 52

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When it is necessary to reduce project duration and resources are constrained, which of the following is NOT a reasonable option?

A) Establishing a core project team
B) Fast-tracking
C) Reduce project scope
D) Compromise quality
E) Critical-chain project management

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Question 53

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Creation of the ___________ graph keeps the importance of indirect costs in the forefront of decision making.

What is crashing? Include a discussion of crash time and crash cost.

Brooks' law states that adding manpower to a software project helps keep it on schedule.

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

When 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?

All of the following are disadvantages of scheduling overtime EXCEPT

When the project team is salaried, which of the following is the preferred choice for accelerating project completion?

The simplest way to reduce cost on a project is to reduce the scope of a project.

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.

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?

Direct costs are so named because they can be assigned directly to a work package and activity.

Managers have several effective methods for crashing specific project activities when resources are not constrained.

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

Indirect costs generally represent overhead costs such as supervision, administration, consultants, and interest.

Because direct costs are assumed to be developed from normal methods and in a normal amount of time, any reduction in activity time should ________ the cost of the activity.

____________ is the rearranging of the project network logic so that critical activities are done in parallel rather than sequentially.

When 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

The easiest way to add more labor to a project is not to add more people, but to schedule overtime.What are the disadvantages of scheduling overtime?