Allocating specific, limited resources to specific activities is called

 

Question 1 of 20 5.0 PointsAllocating specific, limited resources to specific activities is called:

 

A. resource allocation.

B. resource leveling.

C. resource tracking.

D. expediting a project. Reset Selection

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Question 2 of 20 5.0 PointsThe primary cause of concern in resource allocation is:

 

A. labor cost.

B. resource scarcity.

C. lack of solution methodologies.

D. parallel activities. Reset Selection

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Question 3 of 20 5.0 PointsA project that cannot go over budget is considered:

 

A. time constrained.

B. schedule constrained.

C. resource constrained.

D. performance constrained. Reset Selection

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Question 4 of 20 5.0 PointsThe 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. Reset Selection

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Question 5 of 20 5.0 PointsA task has a normal duration of 9 days and 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. $30 Reset Selection

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Question 6 of 20 5.0 PointsWhat is an expediting technique in which the design and planning phases of a project are not actually completed before the building phase is started?

 

A. resource loading

B. fast-tacking

C. crashing

D. critical path Reset Selection

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Question 7 of 20 5.0 PointsResource __________ refers to the amounts of specific resources that are scheduled for use on specific activities or projects at specific times.

 

A. expediting

B. leveling

C. loading

D. allocation Reset Selection

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Question 8 of 20 5.0 PointsWhich 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 Reset Selection

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Question 9 of 20 5.0 PointsWhich 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 possibleB. As late as possibleC. Shortest task duration firstD. Minimum slack first Reset SelectionMark for Review What’s This?

Question 10 of 20 5.0 PointsSeveral projects can be linked together with:

 

A. virtual activities.

B. nominal activities.

C. pseudoactivities.

D. ER links. Reset Selection

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Question 11 of 20 5.0 PointsWhich 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 Reset Selection

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Question 12 of 20 5.0 PointsWhich 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 slippage Reset Selection

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Question 13 of 20 5.0 PointsAccording 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. Reset Selection

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Question 14 of 20 5.0 PointsThe practice of assigning project team members to multiple projects is called:

 

A. concurrent engineering.

B. parallel activities.

C. fast-tracking.

D. multitasking. Reset Selection

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Question 15 of 20 5.0 PointsThe safety time added to chains other than the critical chain is called the:

 

A. feeding buffer.

B. project buffer.

C. path buffer.

D. critical buffer. Reset Selection

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Question 16 of 20 5.0 PointsIn traditional Critical Path Method, a second estimate, referred to as the __________ duration, is made based on the resources required to expedite the task.

 

A. normal task

B. assumed

C. crash

D. approximated Reset Selection

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Question 17 of 20 5.0 PointsWhen task durations are estimated, an assumption is made that task resources are set at __________ levels.

 

A. standard

B. normal

C. manageable

D. low Reset Selection

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Question 18 of 20 5.0 PointsUsed primarily in the construction industry, the term __________ refers to a technique in which the design and planning phases of a project are not actually completed before the building phase is started.

 

A. “fast-tracked”

B. “expediting”

C. “crash”

D. “resource loading” Reset Selection

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Question 19 of 20 5.0 PointsGoldratt’s Theory of Constraints focuses on:

 

A. uncertainty

B. constrained resources

C. tight project schedules

D. managing conflicting priorities Reset Selection

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Question 20 of 20 5.0 PointsWith the __________ priority rule, tasks are supplied with resources in inverse order of their slacks. This rule usually minimizes the number of late activities.

 

A. most successors

B. most resources first

C. as late as possible

D. minimum slack first Reset Selection