OM 493 Chapter 9Test Bank QUESTION AND ANSWERS  100% CORRECT

MC Qu. 01 (Static) Without any formal planning, the president... Without any formal planning, the president of a high-tech company remarks in a speech that new technologically advanced routers will be available in one year. This may lead to a project that must be done faster than anticipated. This is an example of reducing project duration caused by imposed project deadlines. time to market. unforeseen project delays. high overhead. incentive contracts. Imposed deadlines are another reason for accelerating project completion. For example, the president of the high-tech company remarks in a speech that a new advanced router will be available in one year. Such statements too often become imposed project duration dates—without any consideration of the problems or cost of meeting such a date. The project duration time is set while the project is in its "concept" phase before or without any detailed scheduling of all the activities in the project. This phenomenon occurs very frequently in practice. References Multiple Choice Difficulty: 2 Medium MC Qu. 01 (Static) Without any formal planning, the president... Learning Objective: 09-01 Understand the different