ch09 Student 1 The president of a software company remarks in a speech that new technologically advanced software will be available in one year This is an example of reducing project duration caused by cid 10 A Imposed project deadlines B Time to market C Unforeseen project delays D High overhead E Incentive contracts cid 10 2 Intense global competition and rapid technological advances create pressure on developing projects rapidly This is an example of reducing project duration caused by cid 10 A Imposed project deadlines B Time to market C Unforeseen project delays D High overhead E Incentive contracts cid 10 3 A contractor finished a bridge across a lake 18 months early and received more than 6 million for the early completion This is an example of reducing project duration caused by cid 10 A Imposed project deadlines B Time to market C Unforeseen project delays D High overhead E Incentive contracts cid 10 4 Adverse weather design flaws and equipment breakdown can create negative slack This is an example of reducing project duration caused by cid 10 A Imposed project deadlines B Time to market C Unforeseen project delays D High overhead E Incentive contracts cid 10 5 Total project costs include all of the following except cid 10 cid 10 A Supervision B Administration C Project manager s salary D Interest E All of these are included in total project costs 6 Which of the following is not considered a project indirect cost cid 10 cid 10 A Supervision B Consultants C Equipment D Interest E All of these are considered project indirect costs 7 Project costs are generally classified as costs cid 10 cid 10 A Direct B Indirect C Overhead D Both A and B are correct E A B and C are all correct 8 Low cost realistic efficient methods for completing an activity under normal conditions are supported by cid 10 time cid 10 A Normal B Budget C Optimized D Expected E Target A Expedited B Accelerated C Crash D Optimistic E Optimal A Normal B Reserve C Crash D Accelerated E Expedited 9 The shortest possible time an activity can be completed realistically is called time cid 10 cid 10 10 The most common response for meeting unattainable deadlines is to cid 10 cid 10 A Reduce or scale back the scope of the project B Decrease the critical paths C Crash all elements of the project D Change the time to market statement E B and C are correct 11 costs are incurred when completing an activity in its realistically shortest time cid 10 cid 10 12 An activity s crash costs include costs cid 10 cid 10 13 Cost slope can be determined by dividing the cid 10 cid 10 A Direct B Indirect C Overhead D Both A and B are correct E A B and C are correct A Run by the rise B Rise by the run C Crash cost by the normal cost D Normal cost by the crash cost E Both B and C are correct 14 The less steep the cost slope of an activity the cid 10 A Less it costs to shorten one time period B More it costs to shorten one time period C Smaller the crash time D Larger the crash time E Cannot be determined by the information given cid 10 15 Which of the following correctly calculates an activity s cost slope cid 10 cid 10 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 16 An activity s cost slope represents an activity s cid 10 cid 10 A Total cost per unit of time B Cost per unit of time C Indirect cost per unit of time D Both B and C are correct E A B and C are all correct A Earliest start time B Steepest slope C Least steep slope D Longest duration E Largest crash time 17 In selecting the best activity to reduce you would first select the activity with the cid 10 cid 10 18 The optimum duration for a project is at the point where cid 10 cid 10 A Direct costs are the lowest B Indirect costs are the lowest C Direct costs equal indirect costs D Total project costs are the lowest E The project changes from time constrained to resource constrained 19 Creating a Project Cost Duration graph is useful cid 10 cid 10 A During the pre project planning phase B After the project has begun C After the completion of the project D Both A and B are correct E A B and C are all correct 20 Crashing a project should occur cid 10 cid 10 A As early as possible B As late as possible C Midway through the project D Both A and C are correct E Cannot be determined with the information given 21 If a network has several critical or near critical paths it is deemed to be cid 10 cid 10 22 The project direct cost line near the normal point is usually cid 10 cid 10 23 The relationship between cost and time for various durations is assumed to be cid 10 cid 10 A Well planned B The lowest cost alternative C Resource constrained D Sensitive E Insensitive A Sloped steeply B Relatively flat C Rising D Falling E Gently sloped A Linear B Curvilinear C Variable D Conversely related E Exponentially related 24 A common method for shortening the project time is to cid 10 cid 10 25 A positive situation where moving toward the optimum time can result in very real large savings this A Adding resources B Schedule overtime C Subcontract an activity D Both A and B are correct E A B and C are all correct cid 10 occurs when the network is cid 10 A Insensitive B Sensitive C Ahead of schedule D Shifting to the critical chain E Implementing a fast tracking system A Total indirect cost B Total direct cost C Total project cost D Both A and B are correct E A B and C are all correct A Vendors B Suppliers C Customers D Company employees E Project teams A Subcontract activities B Compromise the quality C Add additional staff and equipment D Work overtime E Reduce the project scope A Reduce project scope B Have owner take more responsibility C Moving the completion date further out D Brainstorming cost savings options E Outsourcing project activities A Assigning additional staff and equipment B Subcontract work C Schedule overtime D Reduce project scope E Reduce the quality following impact cid 10 cid 10 A Keep the project from slipping any further B Get the project back on schedule C Make the project slips further D Both A and B are correct E None of these relate to Brooks Law 26 Which of the following is are included in a Project Cost Duration Graph cid 10 cid 10 27 One …