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 SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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. $140B. $70C. $50D. $30 Reset SelectionMark for Review What’s This?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 loadingB. fast-tackingC. crashingD. critical path Reset SelectionMark for Review What’s This?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. expeditingB. levelingC. loadingD. allocation Reset SelectionMark for Review What’s This?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 possibleB. As late as possibleC. Shortest task duration firstD. Minimum slack first Reset SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?Question 11 of 20 5.0 PointsWhich of the following is NOT commonly used to help select a priority rule?A. Schedule slippageB. Resource utilizationC. In-process inventoryD. Cost overruns Reset SelectionMark for Review What’s This?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 inflationB. Schedule progressionC. Schedule efficacyD. Schedule slippage Reset SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?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 taskB. assumedC. crashD. approximated Reset SelectionMark for Review What’s This?Question 17 of 20 5.0 PointsWhen task durations are estimated, an assumption is made that task resources are set at __________ levels.A. standardB. normalC. manageableD. low Reset SelectionMark for Review What’s This?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 SelectionMark for Review What’s This?Question 19 of 20 5.0 PointsGoldratt’s Theory of Constraints focuses on:A. uncertaintyB. constrained resourcesC. tight project schedulesD. managing conflicting priorities Reset SelectionMark for Review What’s This?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 successorsB. most resources firstC. as late as possibleD. minimum slack first Reset Selection

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