Question 1

When a politician makes a public statement that a new building will be available in two years, a(n) ________ duration has reduced the project duration.

Accepted Answer

imposed
Explanation: "Imposed deadlines"...

Question 2

The project direct-cost line near the normal point is usually:

Accepted Answer

A)  Sloped steeply
B)  Relatively flat
C)  Rising
D)  Falling
E)  Gently slopedF) B) and E)
G) C) and D)

Question 3

The shortest possible time an activity can be completed realistically is called ___ time.

Accepted Answer

A)  Expedited
B)  Accelerated
C)  Crash
D)  Optimistic
E)  OptimalF) B) and E)
G) A) and B)

Question 4

The easiest way to add more resources to a project is not to add more people, but to schedule ________.

Accepted Answer

overtime
Explanation: The easi...

Question 5

When the project team is salaried, which of the following is the preferred choice for accelerating project completion?

Accepted Answer

A)  Assigning additional staff and equipment
B)  Subcontract work
C)  Schedule overtime
D)  Work longer hours
E)  Both C and D are preferred choicesF) A) and B)
G) A) and C)

Question 6

What is Critical-chain (C-C) project management and why can it be of benefit to project managers?

Accepted Answer

C-C project management focuses...

Question 7

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:

Accepted Answer

A)  Imposed project deadlines
B)  Time to market
C)  Unforeseen project delays
D)  High overhead
E)  Incentive contractsF) A) and E)
G) C) and E) A

Question 8

The most common method for shortening project time is to

Accepted Answer

A)  Subcontract activities
B)  Compromise the quality
C)  Add additional staff and equipment
D)  Work overtime
E)  Reduce the project scopeF) A) and B)
G) C) and E)

Question 9

Crash cost is the incremental cost incurred when an activity is reduced in duration.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

Indirect costs, those accumulating each ...

Question 11

____ costs are incurred when completing an activity in its realistically shortest time.

Accepted Answer

A)  Normal
B)  Reserve
C)  Crash
D)  Accelerated
E)  ExpeditedF) A) and E)
G) A) and B)

Question 12

What is crashing and include a discussion of crash time and crash cost?

Accepted Answer

Crashing is shortening an acti...

Question 13

The direct costs for completing an activity as early as possible is called its ________.

Accepted Answer

crash cost
Explanation: The direct cost ...

Question 14

Which of the following is the most common method for shortening project time?

Accepted Answer

A)  Assigning additional staff and equipment
B)  Subcontract work
C)  Schedule overtime
D)  Reduce project scope
E)  Reduce the qualityF) D) and E)
G) A) and E) A

Question 15

Identify options for accelerating a project schedule when resources are not constrained.

Accepted Answer

1.outsourcing project work, 2.scheduling overtime, 3.adding resources, 4.establish a core project team, and 5.do it twice.

Question 16

Which of the following is not considered a project indirect cost?

Accepted Answer

A)  Supervision
B)  Consultants
C)  Equipment
D)  Interest
E)  All of these are considered project indirect costsF) B) and C)
G) A) and E)

Question 17

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

Accepted Answer

overhead
Explanation: Sometimes very hig...

Question 18

One way of reducing project costs is identifying tasks that _________ can do themselves.

Accepted Answer

A)  Vendors
B)  Suppliers
C)  Customers
D)  Company employees
E)  Project teamsF) B) and C)
G) All of the above

Question 19

Crash time is the greatest time reduction possible under realistic conditions.

Accepted Answer

A) True 
 B)False

Question 20

The Snapshot from Practice which detailed the Northridge earthquake demonstrated the importance of reducing a project's ______.

Accepted Answer

duration
Explanation: The project durati...

Exam 9: Reducing Project Duration

When a politician makes a public statement that a new building will be available in two years, a(n) ________ duration has reduced the project duration.

Correct AnswerverifiedimposedExplanation: "Imposed deadlines"...View AnswerShow Answer

The project direct-cost line near the normal point is usually:

Correct AnswerverifiedShow Answer

The shortest possible time an activity can be completed realistically is called ___ time.

Correct AnswerverifiedShow Answer

The easiest way to add more resources to a project is not to add more people, but to schedule ________.

Correct AnswerverifiedovertimeExplanation: The easi...View AnswerShow Answer

When the project team is salaried, which of the following is the preferred choice for accelerating project completion?

Correct AnswerverifiedShow Answer

What is Critical-chain (C-C) project management and why can it be of benefit to project managers?

Correct AnswerverifiedC-C project management focuses...View AnswerShow Answer

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:

Correct AnswerverifiedA

The most common method for shortening project time is to

Correct AnswerverifiedShow Answer

Crash cost is the incremental cost incurred when an activity is reduced in duration.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedIndirect costs, those accumulating each ...View AnswerShow Answer

____ costs are incurred when completing an activity in its realistically shortest time.

Correct AnswerverifiedShow Answer

What is crashing and include a discussion of crash time and crash cost?

Correct AnswerverifiedCrashing is shortening an acti...View AnswerShow Answer

The direct costs for completing an activity as early as possible is called its ________.

Correct Answerverifiedcrash costExplanation: The direct cost ...View AnswerShow Answer

Which of the following is the most common method for shortening project time?

Correct AnswerverifiedA

Identify options for accelerating a project schedule when resources are not constrained.

Correct Answerverified1.outsourcing project work, 2.scheduling overtime, 3.adding resources, 4.establish a core project team, and 5.do it twice.

Which of the following is not considered a project indirect cost?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedoverheadExplanation: Sometimes very hig...View AnswerShow Answer

One way of reducing project costs is identifying tasks that _________ can do themselves.

Correct AnswerverifiedShow Answer

Crash time is the greatest time reduction possible under realistic conditions.

Correct AnswerverifiedShow Answer

The Snapshot from Practice which detailed the Northridge earthquake demonstrated the importance of reducing a project's ______.

Correct AnswerverifieddurationExplanation: The project durati...View AnswerShow Answer

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imposed
Explanation: "Imposed deadlines"...
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overtime
Explanation: The easi...
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C-C project management focuses...
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A

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Indirect costs, those accumulating each ...
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Crashing is shortening an acti...
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crash cost
Explanation: The direct cost ...
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A

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1.outsourcing project work, 2.scheduling overtime, 3.adding resources, 4.establish a core project team, and 5.do it twice.

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overhead
Explanation: Sometimes very hig...
View Answer

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duration
Explanation: The project durati...
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