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Exam 9: Reducing Project Duration

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Question 21

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

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Brooks'
Explanation:...

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Question 22

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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

A) Imposed project deadlines.
B) Time to market.
C) Unforeseen project delays.
D) High overhead.
E) Incentive contracts.

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Question 23

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Crashing frequently results in overallocation of resources.

Reducing project duration

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

One of the advantages of using a Project Cost-Duration Graph is that it keeps the importance of indirect costs in the forefront of decision making.

How would you calculate an activity's slope and what does it represent?

Why is the project duration with the lowest direct costs seldom the optimum duration for a project?

If indirect costs are a significant percentage of total project costs,reductions in project time can represent very real savings.

An activity's normal time and cost are 5 and $40,respectively.Its estimated crash time and cost are 4 and $70,respectively.This activity's crash cost per time unit is ________.

When project managers know an activity's ________,they are able to compare which critical activities to shorten.

Direct costs are assignable directly to a particular ________.

Incentive contracts can make the reduction of project time rewarding-usually for both the project contractor and owner.

All of the following are disadvantages of scheduling overtime EXCEPT

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

An activity must be crashed on each critical path in order to reduce project duration.

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

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

Without any formal planning,the president of a software company remarks in a speech that new technologically advanced software will be available in one year.This may lead to a project that must be done faster than anticipated.This is an example of reducing project duration caused by

When a project manager must reduce project duration but resources are constrained,creating a software program that will have fewer features than originally planned or building a house without the bonus room the owner originally specified in the plans would both be examples of