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Exam 8: Scheduling Resources and Costs

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Question 21

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If your project has spent $50,000 versus a budget of $45,000 and it is a week ahead of schedule,is it a certainty that your project is doing well? Explain why or why not.

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Question 22

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Rachel is working on a project that technically allows three activities to be done at the same time.If they were to be implemented at the same time,she would need 5 contractors in order for the activities to be completed on time.There are only 3 available for her to use.This is an example of what type of constraint?

A) Technical
B) People
C) Equipment
D) Physical
E) Materials

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Question 23

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All resource leveling techniques involve

When scheduling activities in a resource-constrained project typically the activity scheduled first has the most amount of slack.

Why should project managers be cautious about using the splitting scheduling technique?

Resources are adequate,but demand varies widely over the life of the project.Delaying noncritical activities to lower peak demand on resources is known as resource

Resource bottlenecks are one of the three more common problems encountered in managing multiproject resource schedules.

In a resource-constrained project,the completion date is most likely to change.

Having one person responsible for performing several activities,all due at the same time,is an example of a(n)________ constraint.

Identify and give an example of the three types of resource constraints.

Gene is trying to order the concrete needed to continue his project.However,the supplier will not be able to deliver it until next week.This is an example of what kind of resource constraint?

Tony has realized that two activities in his project cannot be done at the same time because not enough resources are available.Activity 3 is critical and has a duration of 5 days.Activity 4 has 2 days of slack and a duration of 2 days.How will he decide which activity should be scheduled first?

After resource leveling or smoothing one goal is that the amount of resources needed over the life of the project will be ___________.

Splitting is a scheduling technique used to get a better schedule or better resource utilization and should be used without hesitation.

A special truck that George needs on his project has been scheduled on another project.This is an example of what type of resource constraint?

All of the following are benefits of scheduling resources before project implementation EXCEPT

Resource leveling or smoothing can have all the following results on a project EXCEPT

Many companies are ________ project work to contractors and consultants as a means of dealing with the peaks and valleys of resource allocation among projects.

Without a time-phased budget a good project schedule and cost control are impossible.

When a project is classified as resource-constrained and a resource constraint exists,the project duration is typically __________.