Chapter 9 example #60730

1 February 2023
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question
Intense global competition and rapid technological advances create pressure to develop projects rapidly. This is an example of reducing project duration caused by:
answer
Time to market.
question
Which of the following is NOT considered a project indirect cost?
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Equipment.
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As a project is crashed and project duration is reduced, indirect costs typically:
answer
Decrease.
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The direct cost for completing an activity in the shortest time it can realistically be completed in is called its __________ cost.
answer
Crash.
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An activity's crash cost includes ____ costs.
answer
Direct.
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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:
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Reducing project scope.
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One way of reducing project costs is identifying tasks that _________ can do themselves.
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Customers.
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Which of the following is NOT one of the more commonly used options for cutting project costs?
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Move the completion date further out.
question
Reducing project duration:
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Tends to increase network sensitivity.
question
As a project is crashed and project duration is reduced, direct costs typically:
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Increase.