The time with which direct cost does not reduce with the increase in time is known as A.crash time B.normal time C.optimistic time D.standard time

The time with which direct cost does not reduce with the increase in time is known as 

A.crash time

B.normal time

C.optimistic time

D.standard time
by

1 Answer

Answer :

B.normal time
by

Related questions

The time with which direct cost does not reduce with the increase in time is known as (A) Crash time (B) Normal time (C) Optimistic time (D) Standard time

Description : The time with which direct cost does not reduce with the increase in time is known as (A) Crash time (B) Normal time (C) Optimistic time (D) Standard time

Last Answer : (B) Normal time

The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time D. between normal time and crash time

Description : The time corresponding to minimum total project cost is  A. crash time B. normal time C. optimistic time D. between normal time and crash time

Last Answer : D. between normal time and crash time

The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time

Description : The time corresponding to minimum total project cost is  A. crash time B. normal time C. optimistic time

Last Answer : D. between normal time and crash time

The time corresponding to minimum total project cost is (A) Crash time (B) Normal time (C) Optimistic time (D) Between normal time and crash time

Description : The time corresponding to minimum total project cost is (A) Crash time (B) Normal time (C) Optimistic time (D) Between normal time and crash time

Last Answer : (D) Between normal time and crash time

PERT (Project Evaluation and Review Technique) analysis is based on A. Optimistic time, Pessimistic time and Most likely time B.Pessimistic time, Optional time, Maximum time C.Optimistic time, Efficient time, Most likely time D.Minimax time, Optimistic time and harmonic time

Description : PERT (Project Evaluation and Review Technique) analysis is based on  A. Optimistic time, Pessimistic time and Most likely time  B.Pessimistic time, Optional time, Maximum time  C.Optimistic time, Efficient time, Most likely time  D.Minimax time, Optimistic time and harmonic time

Last Answer : A. Optimistic time, Pessimistic time and Most likely time

When planning a systems project, overly optimistic timetables are the cause of project completion delays.

Description : When planning a systems project, overly optimistic timetables are the cause of project  completion delays.

Last Answer : Ans: True

You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your A. 54 B. 66 C. 60 D. 30project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the weighted average or expected value?

Description : You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the ... the weighted average or expected value? A. 54 B. 66 C. 60 D. 30

Last Answer : C. 60

To crash a schedule you should: 1. Increase the time allowed on those tasks that have float. 2. Try to increase expenditures of time only those tasks that are behind schedule. 3. Replace those worker that are not performing up to par with the busy. 4. Increase work efforts on those tasks that are on the critical path.

Description : To crash a schedule you should: 1. Increase the time allowed on those tasks that have float.  2. Try to increase expenditures of time only those tasks that are behind schedule.  3. Replace those ... to par with the busy.  4. Increase work efforts on those tasks that are on the critical path.

Last Answer : 4. Increase work efforts on those tasks that are on the critical path.

The time which results in the leasi, possible construction cost of an activity, is known as (A) Normal time (B) Slow time (C) Crash time (D) Standard time

Description : The time which results in the leasi, possible construction cost of an activity, is known as (A) Normal time (B) Slow time (C) Crash time (D) Standard time

Last Answer : (B) Slow time

By what percentage can airbags reduce the risk of dying in a direct frontal crash? a) 30% b) 40% c) 50% d) 60%

Description : By what percentage can airbags reduce the risk of dying in a direct frontal crash? a) 30% b) 40% c) 50% d) 60%

Last Answer : a) 30%

)Resource leveling attempts to : 1. Reduce resource requirements by smoothing out period-to period resource assignments. 2. Ensure that the 3. Reduce the amount of resources so that they can be shared with on other endeavors. 4. Increase the amount of the project manager's authority so that budget dollars can be appropriated.budget abnormalities are overcome.

Description : )Resource leveling attempts to : 1. Reduce resource requirements by smoothing out period-to period resource assignments.  2. Ensure that the budget abnormalities are overcome. 3. Reduce the ... Increase the amount of the project manager's authority so that budget dollars can be  appropriated.

Last Answer : 1. Reduce resource requirements by smoothing out period-to period resource assignments.

Adding people to a project team in order to speed up total development time _____. a. is a standard task in timeboxing b. is a useful way to meet a tight deadline c. may actually increase total development time d. simplifies communication within the team e. none of the above

Description : Adding people to a project team in order to speed up total development time _____.  a. is a standard task in timeboxing  b. is a useful way to meet a tight deadline  c. may actually increase total development time  d. simplifies communication within the team  e. none of the above

Last Answer : c. may actually increase total development time

)A new project was initiated that involves new technology and subsequently has never been done before. What type of contract would to owner want to issue to reduce or eliminate as much risk as possible. 1. Firm fixed price 2. Cost plus fix fee 3. Cost plus incentive fee 4. Lump sum 5. A and D

Description : )A new project was initiated that involves new technology and subsequently has never been  done before. What type of contract would to owner want to issue to reduce or eliminate as much  risk as possible. 1. Firm ... 2. Cost plus fix fee  3. Cost plus incentive fee  4. Lump sum  5. A and D

Last Answer : 5. A and D

In Project crashing, rent and overheads are treated as A.Significant Cost B.Insignificant costs C.Direct Costs D.Indirect Costs

Description : In Project crashing, rent and overheads are treated as  A.Significant Cost  B.Insignificant costs  C.Direct Costs  D.Indirect Costs

Last Answer : D.Indirect Costs

Which of the following is a direct project cost? 1. Lighting and heating for the corporate office 2. Workers Compensation insurance 3. Piping for an irrigation project 4. A and B

Description : Which of the following is a direct project cost? 1. Lighting and heating for the corporate office  2. Workers Compensation insurance  3. Piping for an irrigation project  4. A and B

Last Answer : 3. Piping for an irrigation project

In project crashing, as we systematically, crash the project, direct cost of project ______ a. Increases b. Decreases c. Remain same d. None of the above

Description : In project crashing, as we systematically, crash the project, direct cost of project ______ a. Increases b. Decreases c. Remain same d. None of the above

Last Answer : a. Increases

Which one of the following statements is true?a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. An increase in the project quality requirements is likely to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Description : Which one of the following statements is true? a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. ... to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Last Answer : a. An increase in project scope is likely to increase project cost.

Which one of the following statements is true? a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. An increase in the project quality requirements is likely to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Description : Which one of the following statements is true?  a. An increase in project scope is likely to increase project cost.  b. A decrease in the project time is likely to increase project quality.  c. ... to decrease project cost.  d. A decrease in the project cost is likely to decrease project time.

Last Answer : a. An increase in project scope is likely to increase project cost.

During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, which one of the following is most true for project planning purposes? 1. The assumptions will be considered as true, real, or certain. 2. By making the assumption, it tends to reduce the project risk. 3. Project assumptions are based upon historical data used for the project. 4. Senior management predefines the budget constraints.

Description : During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, ... upon historical data used for the project.  4. Senior management predefines the budget constraints.

Last Answer : 1. The assumptions will be considered as true, real, or certain.

What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming techniques 3. The use of historical data from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.

Description : What is the most accurate method of obtaining project information that can reduce the amount  of risk? 1. Observations on the current project  2. Determining the risk by using brainstorming ... from previous projects that were similar in nature  4. Sensitivity analysis  5. Delphi technique.

Last Answer : 3. The use of historical data from previous projects that were similar in nature

Identify the incorrect statement in connection with working capital management. A. Long-term funds are more expensive than short-term funds but also riskier B. The objectives of working capital management are profitability and liquidity C. Permanent current assets should be financed from long-term sources if a moderate or matching policy is adopted D. Conservative financing policies use short-term funds to finance only part of fluctuating current assets E. Aggressive financing policies increase profitability at the cost of higher risk

Description : Identify the incorrect statement in connection with working capital management. A. Long-term funds are more expensive than short-term funds but also riskier B. The objectives of ... fluctuating current assets E. Aggressive financing policies increase profitability at the cost of higher risk

Last Answer : A. Long-term funds are more expensive than short-term funds but also riskier

To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

Description : To identify the tasks for a work plan the project manager can _____.  a. control and direct the project  b. estimate the size, staff the project, and remember technical skills  c. establish a ... of the SDLC and the steps that occur in each  e. set conservative numbers for the project software

Last Answer : d. list the four phases of the SDLC and the steps that occur in each

What do leaders do? A. Inspire, trust, and challenge the status quo. B. Dictate the team C. Direct people and behavior. D. Control people

Description : What do leaders do?  A. Inspire, trust, and challenge the status quo.  B. Dictate the team C. Direct people and behavior. D. Control people

Last Answer : A. Inspire, trust, and challenge the status quo.

Setting the number of defects before the lot is rejected, is a direct responsibility of : 1. a functional worker 2. the project manager 3. management 4. the accounting department

Description : Setting the number of defects before the lot is rejected, is a direct responsibility of : 1. a functional worker  2. the project manager  3. management  4. the accounting department

Last Answer : 3. management

Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs. c. It is best to have a standard set of project reports used for every project. d. Email is the only way to communicate with large numbers of people.

Description : Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs ... project. d. Email is the only way to communicate with large numbers of people.

Last Answer : b. Different stakeholders typically have different communication needs.

____ structures are typically used in businesses that primarily sell and produce standard products and seldom conduct external projects.

Description : ____ structures are typically used in businesses that primarily sell and produce standard  products and seldom conduct external projects.

Last Answer : Ans. Functional-type organisation

The advantage of following the IEEE Standard for drawing up aProject Management Plan (SPMP) – see IEEE Standard 1059.1 1987 – is a) It is drawn up by representatives from major development organisations b) It is designed for all types of products c) It is a framework that can be used irrespective of process model or specific techniques d) It can be tailored for each organisation for a particular applicationarea, development team or technique. e) All of the above.

Description : The advantage of following the IEEE Standard for drawing up a Project Management Plan (SPMP) - see IEEE Standard 1059.1 1987 - is a) It is drawn up by representatives from major  ... each organisation for a  particular applicationarea, development team or  technique. e) All of the above.

Last Answer : e) All of the above.

Which one is a true statement relating to project communications? A. A project sponsor is responsible for all communication methods and media. B.Different stakeholders typically have different communication needs. C. It is best to have a standard set of project reports used for every project. D. Email is the only way to communicate with large numbers of people

Description : Which one is a true statement relating to project communications?  A. A project sponsor is responsible for all communication methods and media.  B.Different stakeholders typically have different communication ... project.  D. Email is the only way to communicate with large numbers of people

Last Answer : B.Different stakeholders typically have different communication needs

Unlike traditional Work Breakdown Structures (WBS), evolutionary WBSs are a. organized in a standard manner across all projects b. created in an iterative and incremental manner c. designed so one can compare the current project to past projects d. all of the above e. none of the above

Description : Unlike traditional Work Breakdown Structures (WBS), evolutionary WBSs are  a. organized in a standard manner across all projects  b. created in an iterative and incremental manner  c. designed so one can compare the current project to past projects  d. all of the above  e. none of the above

Last Answer : d. all of the above

A(n) ____________ is a measure of program size based on the number and complexity of inputs, outputs, queries, files, and program interfaces. a. function point b. line of code c. project plan d. standard module e. workplan

Description : A(n) ____________ is a measure of program size based on the number and  complexity of inputs, outputs, queries, files, and program interfaces.  a. function point  b. line of code  c. project plan  d. standard module  e. workplan

Last Answer : a. function point

Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs. c. It is best to have a standard set of project reports used for every project. d. Email is the only way to communicate with large numbers of people.

Description : Which one is a true statement relating to project communications?  a. A project sponsor is responsible for all communication methods and media.  b. Different stakeholders typically have different communication ... project.  d. Email is the only way to communicate with large numbers of people.

Last Answer : b. Different stakeholders typically have different communication needs.

A project planning methodology is any structured approach used to guide the project team during development of the project plan. What is an example of this methodology? 1. Standard forms or templates. 2. Upper management involvement 3. Functional work authorizations4. Stakeholders skills

Description : A project planning methodology is any structured approach used to guide the project team  during development of the project plan. What is an example of this methodology? 1. Standard forms or templates.  2. Upper management involvement  3. Functional work authorizations 4. Stakeholders skills

Last Answer : 1. Standard forms or templates.

The major type(s) of standard warranty(ies) that are used in the business environment is(are): 1. express 2. implied 3. negotiated 4. a and b

Description : The major type(s) of standard warranty(ies) that are used in the business environment is(are): 1. express  2. implied  3. negotiated  4. a and b

Last Answer : 4. a and b

Political unrest, budget overruns, size and complexity of the project Answer: B (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected value 2. Association of the probabilities with the risk events 3. An illustration of how to see the interactions between decisions and the associated events 4. A flow chart which determines the standard deviation of the risk event

Description : Political unrest, budget overruns, size and complexity of the project  Answer: B  (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected ... and the associated events  4. A flow chart which determines the standard deviation of the risk event

Last Answer : 3. An illustration of how to see the interactions between decisions and the associated events

Which is the Estimation size should be known? a. Time estimation b. Effort estimation c. Cost estimation d. size estimation

Description : Which is the Estimation size should be known? a. Time estimation b. Effort estimation c. Cost estimation d. size estimation

Last Answer : b. Effort estimation

)The fixed price contract is advantageous to the buyer because it: 1. requires extremely well defined specifications 2. requires formal procedures for scope changes 3. contractor assumes financial and technical risk 4. has a known cost

Description : )The fixed price contract is advantageous to the buyer because it: 1. requires extremely well defined specifications  2. requires formal procedures for scope changes  3. contractor assumes financial and technical risk  4. has a known cost

Last Answer : 3. contractor assumes financial and technical risk

The return available by investing the capital elsewhere is known as (A) profit rate (B) discount rate (C) opportunity cost (D) return on investment

Description : The return available by investing the capital elsewhere is known as (A) profit rate (B) discount rate (C) opportunity cost (D) return on investment

Last Answer : (C) opportunity cost

The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Last Answer : (B) Normal distribution curve.

The probability of completing the project can be estimated based upon the . (A)Uniform distribution curve (B)Normal distribution curve. (C)U-shaped distribution curve (D)None of the above

Description : The probability of completing the project can be estimated based  upon the . (A)Uniform distribution curve (B)Normal distribution curve. (C)U-shaped distribution curve (D)None of the above

Last Answer : (B)Normal distribution curve.

Michelle has decided to use a shortcut to determine tc. microconvergent d. normal e. very simplehe complexity of the project she is currently managing. She has assigned the adjusted project complexity (PCA) a value of .65. She has determined that her project is _____. a. bi-lateral b. complex

Description : Michelle has decided to use a shortcut to determine the complexity of the project she  is currently managing. She has assigned the adjusted project complexity (PCA) a value  of .65. She has determined that ... _____.  a. bi-lateral  b. complex c. microconvergent  d. normal  e. very simple

Last Answer : e. very simple

. A normal system with 400 unadjusted function points would have _____ adjusted function points when the shortcut method is use to determine a. 200 b. 260 c. 400 d. 540 e. 600the complexity of the project.

Description : . A normal system with 400 unadjusted function points would have _____ adjusted  function points when the shortcut method is use to determine the complexity of the  project.

Last Answer : c. 400

Communication management: 1. Is important only in projects involving telephone, television, radio, or newspaper production facilities and operations 2. Is not a big problem for people with normal speech, sight and hearing 3. Involves the originator, the message, the medium and the receiver 4. Preparing an agenda

Description : Communication management: 1. Is important only in projects involving telephone, television, radio, or newspaper production  facilities and operations  2. Is not a big problem for people with normal ... . Involves the originator, the message, the medium and the receiver  4. Preparing an agenda

Last Answer : 3. Involves the originator, the message, the medium and the receiver

Which of the following statements is incorrect regarding a normal project? A. If the NPV of a project is greater than 0, then its PI will exceed 1. B. If the IRR of a project is 8%, its NPV, using a discount rate, k, greater than 8%, will be less than 0.C. If the PI of a project equals 0, then the project's initial cash outflow equals the PV of its cash flows. D. If the IRR of a project is greater than the discount rate, k, then its PI will be greater than 1.

Description : Which of the following statements is incorrect regarding a normal project? A. If the NPV of a project is greater than 0, then its PI will exceed 1. B. If the IRR of a project is 8%, its NPV, using ... the IRR of a project is greater than the discount rate, k, then its PI will be greater than 1.

Last Answer : D. If the IRR of a project is greater than the discount rate, k, then its PI will be greater than 1.

Sergei, the project manager, is worried about completing the project on time. To increase the productivity of his 15-person team he should create subteams with no more than 10 people on a sub team.

Description : Sergei, the project manager, is worried about completing the project on time. To  increase the productivity of his 15-person team he should create subteams with no more  than 10 people on a sub team.

Last Answer : Ans: True

The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Description : The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Last Answer : b. increase as a project progresses through its life cycle.

Which one of the following does project change control primarily seek to ensure? a. All variance to the project scope is evaluated. b. No reduction in the perceived quality of the project outcome. c. Management costs of the project do not increase. d. Any decrease in the scoped deliverable of the project is rejected.

Description : Which one of the following does project change control primarily seek to ensure? a. All variance to the project scope is evaluated. b. No reduction in the perceived quality of the project outcome. ... project do not increase. d. Any decrease in the scoped deliverable of the project is rejected.

Last Answer : a. All variance to the project scope is evaluated.

After the celebration of the successful milestone completion, a project manager will often do which of the following? Select one: a. Continue to increase the intensity of the project to achieve the next milestone. b. Continue to follow the exact same project plan that helped the team achieve the milestone. c. Allow the team to reflect on finding new ways of approaching the project work. d. Select an upcoming key event and designate it as the next milestone. e. Stretch the goals of the project team, making them more tough and rigorous.

Description : After the celebration of the successful milestone completion, a project manager  will often do which of the following? Select one: a. Continue to increase the intensity of the project to achieve the ... milestone. e. Stretch the goals of the project team, making them more tough and rigorous.

Last Answer : c. Allow the team to reflect on finding new ways of approaching the project work.

If the break-even point lies ____ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re- priced to increase demand.

Description :  If the break-even point lies ____ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re- priced to increase demand.

Last Answer : Ans. Above

You are working in CareerRide as a project manager. What will you do to minimize the risk of failure? a. Request a large budget b. You will increase the team size c. Track progress d. None of the above

Description : You are working in CareerRide as a project manager. What will you do to minimize the risk of failure? a. Request a large budget b. You will increase the team size c. Track progress d. None of the above

Last Answer : c. Track progress