Filters
Question type

Study Flashcards

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?


A) Find the activity with the lowest crash cost
B) Calculate the optimum cost-time point
C) Calculate the crash point
D) Identify the critical path
E) Find the activity with the highest crash cost

F) None of the above
G) C) and E)

Correct Answer

verifed

verified

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

Correct Answer

verifed

verified

reduced
Explanation: Indirect ...

View Answer

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

Correct Answer

verifed

verified

overtime
Explanation: The easi...

View Answer

An activity's crash cost includes ________ costs.


A) Direct
B) Indirect
C) Overhead
D) Total
E) Normal

F) A) and E)
G) C) and D)

Correct Answer

verifed

verified

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


A) Linear.
B) Curvilinear.
C) Variable.
D) Conversely related.
E) Exponentially related.

F) B) and C)
G) A) and B)

Correct Answer

verifed

verified

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

Correct Answer

verifed

verified

less
Explanation: When project managers ...

View Answer

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

Correct Answer

verifed

verified

normal
Explanation: ...

View Answer

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

Correct Answer

verifed

verified

Brooks'
Explanation:...

View Answer

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

A) True
B) False

Correct Answer

verifed

verified

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?

Correct Answer

verifed

verified

When crashing, you will crash ...

View Answer

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?

Correct Answer

verifed

verified

A network is sensitive if it has several...

View Answer

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

A) True
B) False

Correct Answer

verifed

verified

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


A) (normal cost - crash cost) /(normal time - crash time)
B) (crash cost - normal cost) /(normal time - crash time)
C) (normal time - crash time) /(crash cost - normal cost)
D) (normal time - crash time) /(normal cost - crash cost)
E) (crash cost - normal cost) /(crash time - normal time)

F) A) and B)
G) A) and C)

Correct Answer

verifed

verified

The less steep the cost slope of an activity, the


A) Less it costs to shorten one time period.
B) More it costs to shorten one time period.
C) Smaller the crash time is.
D) Larger the crash time is.
E) Cannot be determined by the information given.

F) A) and E)
G) B) and C)

Correct Answer

verifed

verified

An insensitive project network has the benefit of


A) Not increasing risk as activities are initially crashed.
B) Having potential for real cost savings.
C) Having potential for significant time savings.
D) All of these choices are correct.

E) C) and D)
F) A) and C)

Correct Answer

verifed

verified

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

Correct Answer

verifed

verified

Reduce project scope, have own...

View Answer

Crashing frequently results in over allocation of resources.

A) True
B) False

Correct Answer

verifed

verified

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

Correct Answer

verifed

verified

overhead
Explanation: Sometimes very hig...

View Answer

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


A) Normal
B) Reserve
C) Crash
D) Accelerated
E) Expedited

F) B) and E)
G) C) and E)

Correct Answer

verifed

verified

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

A) True
B) False

Correct Answer

verifed

verified

Showing 21 - 40 of 106

Related Exams

Show Answer