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Exam 8: Scheduling Resources and Costs

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Question 41

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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?

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Not necessarily.You ...

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Question 42

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Scheduling time-constrained projects focuses on resource utilization.

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Question 43

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Regina's boss has told her that her project is very important.If the critical path is delayed, she will be given whatever she needs to get it back on schedule.Her project is ________ constrained.

Which of the following is a potential consequence of failing to schedule limited resources?

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

If resources are not adequate to meet peak demands, the resulting reschedule is termed

Which of the following is not one of the more common problems associated with scheduling multiproject resources?

Delaying noncritical activities to lower peak demand on resources is known as resource

The word Heuristics means

Beth has two engineers assigned to her project and cannot get any more even if it means slipping the due date on her project.She is managing a(n) ________ constrained project.

The critical path in a resource-constrained schedule can be a group of disjointed, unconnected activities.

When using the ________ scheduling technique, the work in an activity is interrupted to work on another activity and is then resumed at a later point in time.

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

Resource leveling can provide

Splitting is a scheduling technique used to get a better schedule or better resource utilization.

Heuristics are used in resource-constrained projects to develop the optimal schedule.

The ________ is the most widely used approach to apply heuristic rules to scheduling activities in a constrained project.

The most obvious and important kind of resource constraint is a lack of materials.

To determine if a project is time-constrained or resource-constrained you would consult the project priority matrix.

Too many parallel activities for one individual are an example of a resource constraint.