Deck 6: Allocating Resources to the Project

Question 1

Often it is beneficial to crash activities NOT on the critical path.

Answer 1

False

Question 2

When crashing a task,the usual assumption is that a task is crashed the full amount or none at all.

Answer 2

False

Question 3

For resources that are consumed when used,the problem is which project gets to use the resource first and which must wait.

Answer 3

False

Question 4

Trade-offs must be made in order to optimize the use of limited resources.

Question 5

Good PM are able to estimate project task times with absolute certainty

Question 6

If resources were not scarce,the resource allocation problem would be concerned solely with cost minimization.

Question 7

The time to complete a task with normal or standard-practice resource usage is referred to as the crash duration.

Question 8

If resources were not scarce,the resource allocation problem would be concerned solely with profit maximization.

Question 9

The amount of resources a project can use depends in part on the timing of the allocation.

Question 10

It is considered good management to crash the least costly activities before the more costly ones.

Question 11

The variance of the normal time can be quite different from the variance of the crash time.

Question 12

Fast-tracking a project is used primarily in the pharmaceutical industry.

Question 13

When the work is routine,fast-tracking rarely causes serious problems.

Question 14

Resource loading refers to the amounts of specific resources that are scheduled for use on specific activities or projects at specific times.

Question 15

All projects are carried out under conditions of uncertainty.

Question 16

Resource loading refers to the amounts of specific resources that are scheduled for use on specific activities or projects at specific times.

Question 17

All tasks can be crashed to some extent.

Question 18

Projects often compete with each other for the same resources.

Question 19

The CPM method cannot be used when task durations are probabilistic.

Question 20

A project that must be completed by a fixed time is referred to as resource constrained.

Question 21

The primary cause of concern in resource allocation is

A) labor cost
B) resource scarcity
C) lack of solution methodologies
D) parallel activities
E) equipment downtime

Question 22

MSP allows the PM to create an individual availability calendar for each resource on the project

Question 23

A limitation associated with traditional approaches to project management is that the dependency between resources and tasks is often ignored.

Question 24

Allocating specific,limited resources to specific activities is called

A) resource allocation
B) resource leveling
C) resource tracking
D) expediting a project
E) crashing a project

Question 25

A task's duration is a function of both the amount of labor required to complete the task as well as the calendar time required to complete it.

Question 26

Pools of like workers are most useful when labor is subdivided into highly specialized subtasks.

Question 27

Applying "line balancing" techniques to balance the capacity of a project typically yields significant benefits.

Question 28

A resource allocation decision may be intended to avoid a future problem rather than correct a current problem.

Question 29

One limitation of MSP is that all resources must share the same availability calendar.

Question 30

The task duration with standard-practice resource usage is referred to as the

A) expected task duration
B) nominal task duration
C) crash duration
D) normal task duration
E) planned task duration

Question 31

The as late as possible priority rule is considered the standard scheduling rule.

Question 32

Which of the following priority rules makes resources available so that activities start on their LSTs whenever possible without increasing the project's duration?

A) as soon as possible
B) as late as possible
C) shortest task duration first
D) minimum slack first
E) most critical successor

Question 33

Which of the following rules maximizes the number of tasks that can be completed by a system in a given period of time?

A) as soon as possible
B) as late as possible
C) shortest task duration first
D) minimum slack first
E) most critical successor

Question 34

Crashing refers to

A) expediting the project so as to minimizing the total cost of completing the project.
B) expediting the project so as to minimizing the number of activities in the project
C) expediting the project so as to completing the project by a specified time.
D) all of the above
E) none of the above.

Question 35

A task has a normal duration of 9 days and a crash duration of 7 days.Its normal cost is $40 and its crash cost is $100.What is the crash cost per day?

A) $140
B) $70
C) $50
D) $40
E) $30

Question 36

A project that must be completed by a specific time is considered

A) time constrained
B) schedule constrained
C) resource constrained
D) performance constrained
E) critically constrained

Question 37

Starting the building phase before the design and planning phases is called

A) operations overlapping
B) concurrent engineering
C) fast-tracking
D) concurrent construction
E) construction overlapping

Question 38

Which of the following is NOT considered a resource

A) Money
B) People
C) Equipment
D) Material
E) All of the above

Question 39

Pools of like resources from which labor can be added temporarily to projects tend to increase costs for the firm as a whole.

Question 40

In general,steady state demand for human resources is highly desirable.

Question 41

The safety time added to chains other than the critical chain is called

A) feeding buffer
B) project buffer
C) path buffer
D) critical buffer
E) team buffer

Question 42

The practice of assigning project team members to multiple projects is called

A) concurrent engineering
B) parallel activities
C) fast-tracking
D) project crashing
E) multitasking

Question 43

Which of the following is a measure of the amount by which a project is delayed by application of a leveling rule?

A) schedule inflation
B) schedule progression
C) schedule efficacy
D) schedule efficiency
E) schedule slippage

Question 44

Which of the following is NOT commonly used to help select a priority rule?

A) schedule slippage
B) resource utilization
C) in-process inventory
D) cost overruns
E) all of the above are used

Question 45

A project that must be completed with in the specified performance requirements is considered

A) time constrained
B) schedule constrained
C) resource constrained
D) performance constrained
E) critically constrained

Question 46

According to research,the best overall priority rule is

A) as soon as possible
B) as late as possible
C) shortest task duration first
D) minimum slack first
E) most critical successor