TM291 - Ch9

Which is NOT a rationale for reducing project duration ?

• Time to market

• Unforeseen delays

• Gut feeling

• Incentive contracts

Which are Unforeseen delays which might be a reason to reduce project duration?

• Adverse weather

• Design Flaws

• Gut feeling

• Equipment Breakdown

The following are options for reducing project duration when Resources Are Not Constrained, except for:

• Adding Resources

• Outsourcing Project Work

• Hold and stop

• Scheduling Overtime

True or False: Compromising quality is an option When Resources Are Constrained?

• True

• False

True or False: Crashing activities increases indirect costs.

• True

• False

What is the term used to shorten an activity?

• Crash Cost

• Crashing

• Crash Time

• Crash Point

What is the shortest possible time an activity can realistically be completed?

• Crash Cost

• Crashing

• Crash Time

• Crash Point

True or False: In the assumptions, the slope represents a constant cost per unit of time.

• True

• False

Which of the following is NOT a reason why organizations reduce costs?

• Incentives

• Customer Satisfaction

• Reduce Project Quality

• Fixed-Bid Projects

True or False: Insensitive project networks represent opportunities for potentially large project cost savings by eliminating some overhead costs

• True

• False