MGMT 404 Week 5 Quiz

1. Question: Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded. 2. Question: Critical chain project management is an alternate scheduling technique that modifies the project schedule by taking resource constraints into account. 3. Question: When recruiting resources to support a project, it is helpful to bring core team members and key subject matter experts on board as early as possible, to help plan the project and develop the project culture. 4. Question: The components (principles) of Critical Chain Project Management include which of the following? 5. Question: Consider the RACI chart presented in Figure 8-1. Who is accountable for the data requirements? 6. Question: Cost estimating is linked very closely with scope, schedule and resource planning. 7. Question: What type of cost is incurred when a project must be conducted faster than normal, and overtime for workers and / or extra charges for rapid delivery from suppliers are necessary? 8. Question: The documentation of a project cost estimate generally requires substantial supporting detail to include all of these EXCEPT: 9. Question: Recurring costs tend to occur during project planning and closing while nonrecurring costs tend to occur during project execution. 10. Question: Analogous estimating is the most detailed, time consuming and accurate way to estimate. 11. Question: This term is defined as the total number of work periods (not including holidays or other non-work periods) required to complete a schedule activity, usually expressed as workdays or workweeks: 12. Question: If the project manager changes an activity on the critical path to start at a later date, then the whole project will end at a later date. 13. Question: The amount of time a schedule activity can be delayed without delaying the early start date of immediately following schedule activities is: 14. Question: The length of time to perform an activity is often dependent upon who will do that work. 15. Question: The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activity sequencing can be either: 16. Question: What are resources in MS Project? 17. Question: What does the "Max Units" denote on the Resource Sheet? 18. Question: What is one purpose of the Resource Calendar? 19. Question: How are resources assigned to a task? 20. Question: How are resource assignments visually shown in the Gantt Chart?