COSC 475 FINAL EXAM 2026 COMPLETE
QUESTIONS WITH 100% VERIFIED ANSWERS
\.Activity - ANSWERS-A task or process to be accomplished in a
set period of time as part of working toward a larger project
goal. An **** can be assigned to a resource(s) and have an
associated cost. **** are ordered with logic links.
\.Actual Cost - ANSWERS-The real amount paid of incurred for
labor or materials.
\.Bar Chart - ANSWERS-A chart on which activities are
represented by Bars. The Bars length is represented by the
activity Duration, and is lined-up on a X-axis time scale.
\.Base Line - ANSWERS-A set of dates and costs frozen at the
start of the project and used as a basis for performance
evaluation as the project progresses.
,\.Budgeted Cost - ANSWERS-The amount planned ahead and
placed aside to execute an activity or an entire project from
start to finish.
\.Cost Breakdown Structure (CBS) - ANSWERS-A breakdown of
the project into cost elements for cost control planning. A ****
will deconstruct a project into various cost elements or types
such as area, phase, discipline, or materials.
\.Critical Activity - ANSWERS-An activity that is on the project's
critical path.
\.Critical Path - ANSWERS-The sequence of network activities
which add up to the longest overall duration. This determines
the shortest time possible to complete the project.
\.Date Constraint - ANSWERS-A date restriction imposed on an
activity's start or finish date in scheduling software. Applying a
**** will swap the computed date to a date imposed by the
user. Often used to impose deadlines or to delay activities in a
schedule
, \.Direct Labor - ANSWERS-(1) Labor which can be directly
related/allocated to the output of a productive account or cost
center, compared with indirect labor which is not directly
related to output. (2) Labor employed directly by owner or main
contractor, as opposed to sub-contract labor
\.Duration - ANSWERS-The number of calendar periods it takes
(or is estimated to take) from the time the execution of an
element starts to the moment it is completed.
\.Estimate - ANSWERS-Evaluation of expected quantities, time
and man-hours, with allowances and provisions for expected
unknowns.
\.Estimated Cost - ANSWERS-An approximated cost derived
through a cost estimation technique such as using historical or
empirical methods.
\.Float - ANSWERS-**** the amount of time that an activity in a
project network can be delayed without causing a delay to:
subsequent tasks (free ****) or the project completion date
(total ****)
QUESTIONS WITH 100% VERIFIED ANSWERS
\.Activity - ANSWERS-A task or process to be accomplished in a
set period of time as part of working toward a larger project
goal. An **** can be assigned to a resource(s) and have an
associated cost. **** are ordered with logic links.
\.Actual Cost - ANSWERS-The real amount paid of incurred for
labor or materials.
\.Bar Chart - ANSWERS-A chart on which activities are
represented by Bars. The Bars length is represented by the
activity Duration, and is lined-up on a X-axis time scale.
\.Base Line - ANSWERS-A set of dates and costs frozen at the
start of the project and used as a basis for performance
evaluation as the project progresses.
,\.Budgeted Cost - ANSWERS-The amount planned ahead and
placed aside to execute an activity or an entire project from
start to finish.
\.Cost Breakdown Structure (CBS) - ANSWERS-A breakdown of
the project into cost elements for cost control planning. A ****
will deconstruct a project into various cost elements or types
such as area, phase, discipline, or materials.
\.Critical Activity - ANSWERS-An activity that is on the project's
critical path.
\.Critical Path - ANSWERS-The sequence of network activities
which add up to the longest overall duration. This determines
the shortest time possible to complete the project.
\.Date Constraint - ANSWERS-A date restriction imposed on an
activity's start or finish date in scheduling software. Applying a
**** will swap the computed date to a date imposed by the
user. Often used to impose deadlines or to delay activities in a
schedule
, \.Direct Labor - ANSWERS-(1) Labor which can be directly
related/allocated to the output of a productive account or cost
center, compared with indirect labor which is not directly
related to output. (2) Labor employed directly by owner or main
contractor, as opposed to sub-contract labor
\.Duration - ANSWERS-The number of calendar periods it takes
(or is estimated to take) from the time the execution of an
element starts to the moment it is completed.
\.Estimate - ANSWERS-Evaluation of expected quantities, time
and man-hours, with allowances and provisions for expected
unknowns.
\.Estimated Cost - ANSWERS-An approximated cost derived
through a cost estimation technique such as using historical or
empirical methods.
\.Float - ANSWERS-**** the amount of time that an activity in a
project network can be delayed without causing a delay to:
subsequent tasks (free ****) or the project completion date
(total ****)
