WITH SOLUTIONS MARKED A+
✔✔What is the probability that the duration will actually exceed 10 days? - ✔✔69%
✔✔A masonry facade consisting of 3800 sq. ft. is to be constructed for a building. The
total cost per worker hour is estimated to be $31.50 and the total estimated cost of the
labor for this task is $10,500. Assuming 8-hour work days and a crew of 6 workers, how
many days should be allowed to complete this task? - ✔✔7
✔✔What is the production rate in square foot per hour that the crew must attain to keep
the project on schedule and within the budget? - ✔✔11
✔✔The purpose of set liquidated damage is:
a. to make additional profit by the contractor
b. to avoid late project completion
c. to set aside money to cover budget shortage
d. to buy material - ✔✔b. to avoid late project completion
✔✔A project has reached the status of substantial completion:
a. if the owner can occupy and use the facility for its intended purpose
b. after exterior landscaping is finished
c. right after the roof of the building is finished
d. after all punch list items are finished - ✔✔a. if the owner can occupy and use the
facility for its intended purpose
✔✔Front-end loading is always prohibited in practice:
True or False - ✔✔False
✔✔What types of projects tend to be scheduled in terms of working days?
a. Projects that are most susceptible to adverse weather
b. Projects that are expensive
c. Projects that need to use a lot of laborers
d. Projects that require high craftsmanship - ✔✔a. Projects that are most susceptible to
adverse weather
✔✔In resource allocation problems:
a. The duration of a project is fixed, but resources are unlimited
b. Resources are limited, but the duration of a project can be extended
, c. None of the above - ✔✔b. Resources are limited, but the duration of a project can be
extended
✔✔After resource allocation, a project's duration may be extended.
True or False - ✔✔True
✔✔In resource allocation problems, the project duration is often:
a. Changed
b. Unchanged - ✔✔b. Unchanged
✔✔The purpose of resource leveling is to:
a. Double up resource use in order to accelerate a project
b. Smooth the use of resources
c. Reduce resource use - ✔✔b. Smooth the use of resources
✔✔After resource constraints are added to a schedule, which of the following is correct
bout the project duration?
a. The project duration will not be affected by resource constraints
b. Shorter than the duration before resource constraints are added
c. Longer than the duration before resource constraints are added - ✔✔c. Longer than
the duration before resource constraints are added
✔✔Cash flow analysis is about the disbursement and receipt of funds for:
a. Labor
b. Material
c. Equipment
d. Subs - ✔✔Labor, Material, Equipment, and Subs
✔✔In cash flow analysis, an S-curve can be used to represent:
a. Cumulative sum of disbursements or revenues over time
b. Monthly disbursements or revenues over time
c. Cash flow every month - ✔✔a. Cumulative sum of disbursements or revenues over
time
✔✔According to the assumption discussed in this chapter four time-cost analysis,
increasing project duration will always lead to:
a. Increase of project direct cost