Chapter 8 Project Management Quiz
Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals within the specified time. This process occurs in five main stages and proper understanding of this ensures people meet their tasks. Take the quiz and test your understanding on chapter 8 on project management.
Questions and Answers
- 1.
Which one is not a type of constrain under Resource Constrained schedule?
- A.
Money
- B.
People
- C.
Materials
- D.
Equipment
Correct Answer
A. MoneyExplanation
In a resource-constrained schedule, the constraints typically refer to limitations on the availability or capacity of resources required for the project. Money is not considered a type of constraint in this context as it does not directly relate to the availability or capacity of resources. The constraints are usually related to the availability of people, materials, and equipment, which are essential for completing the project tasks.Rate this question:
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- 2.
What is not used when creating Time-Phased budget?
- A.
OBS
- B.
WBS
- C.
PBS
- D.
All of them
Correct Answer
C. PBSExplanation
When creating a Time-Phased budget, the PBS (Product Breakdown Structure) is not used. The OBS (Organizational Breakdown Structure) is used to define the organizational structure, the WBS (Work Breakdown Structure) is used to break down the project into manageable tasks, and the PBS is used to break down the project into deliverable products or components. Therefore, the correct answer is PBS.Rate this question:
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- 3.
What are the impacts of Resource-Constrained scheduling?
- A.
Reduces Slack
- B.
Increases flexibility
- C.
Increases slack
- D.
Both B and C
Correct Answer
A. Reduces SlackExplanation
Resource-Constrained scheduling refers to a scheduling technique where the availability of resources is taken into consideration while creating a schedule. In this context, "slack" refers to the amount of time that a task can be delayed without affecting the overall project schedule. When resources are constrained, it means that there is limited availability of resources, which can lead to a reduction in slack. This is because tasks may need to be scheduled more tightly or closely together to accommodate the limited availability of resources. Therefore, the correct answer is that Resource-Constrained scheduling reduces slack.Rate this question:
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- 4.
When splitting activities is a preferred technique?
- A.
When plain smoothing techniques become obsolete
- B.
To get a better project schedule
- C.
Increase resource utilization
- D.
Both B and C
Correct Answer
D. Both B and CExplanation
When splitting activities is a preferred technique, it is because both B and C are true. Splitting activities helps in getting a better project schedule by breaking down complex tasks into smaller, more manageable ones. This allows for better planning, tracking, and resource allocation. Additionally, splitting activities can also help increase resource utilization by distributing workload more evenly among team members and maximizing their efficiency.Rate this question:
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- 5.
What is not the limiting assumption when we engage in resource allocation technique?
- A.
There is no splitting of activities
- B.
The level of resources cannot be changed
- C.
Resources can easily be transferred from one activity to another
- D.
All of them are assumptions we make when allocate resources
Correct Answer
C. Resources can easily be transferred from one activity to anotherExplanation
The correct answer is "Resources can easily be transferred from one activity to another." This means that when engaging in resource allocation technique, it is not assumed that resources can be easily moved or shifted from one activity to another.Rate this question:
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- 6.
What is the main function of Time-Phased Budget?
- A.
To estimate amount of money needed for the project
- B.
To evaluate performance of the project
- C.
Minimize waste in the project
- D.
Both A and B
Correct Answer
B. To evaluate performance of the projectExplanation
The main function of a Time-Phased Budget is to evaluate the performance of the project. This type of budget allows for the tracking and monitoring of project expenses over time, comparing the actual costs with the planned budget. By evaluating the performance of the project through the Time-Phased Budget, project managers can identify any variances or deviations from the planned budget and take necessary actions to address them. This helps in ensuring that the project stays on track and meets its financial objectives.Rate this question:
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- 7.
Which one is the correct assumption?
- A.
If Project Manager is solving technical constrains, resource constrains have been resolved.
- B.
Both constrains are mutually exclusive
- C.
Resource constrains can alter technical constrains
- D.
Technical constrains can alter resource constrains
Correct Answer
C. Resource constrains can alter technical constrainsExplanation
The correct assumption is that resource constraints can alter technical constraints. This means that if there are limitations or restrictions on the available resources for a project, such as budget, manpower, or equipment, it can have an impact on the technical aspects of the project. For example, if there is a shortage of skilled workers or a limited budget, it may require the project manager to find alternative solutions or make adjustments to the technical requirements of the project in order to work within the resource constraints.Rate this question:
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- 8.
What is the main focus of the time-constrained project?
- A.
Resource utilization
- B.
Resource optimization
- C.
Slack reduction
- D.
None of them is a focus of the time constrained project
Correct Answer
A. Resource utilizationExplanation
The main focus of a time-constrained project is resource utilization. This means that the project team needs to effectively allocate and manage resources such as manpower, materials, and equipment to ensure that they are being used efficiently and effectively to meet project deadlines and objectives. By optimizing resource utilization, the project can maximize productivity and minimize waste, ultimately leading to successful project completion within the given time constraints.Rate this question:
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- 9.
What is the main focus of the resource-constrained project?
- A.
Minimize resource usage
- B.
Minimize time delay
- C.
Optimize resource usage
- D.
Optimize time usage
Correct Answer
B. Minimize time delayExplanation
The main focus of a resource-constrained project is to minimize time delay. This means that the project is primarily concerned with completing tasks and achieving milestones within the allocated time frame. The project managers and team members will prioritize efficient time management and strive to eliminate any unnecessary delays or bottlenecks that could hinder progress. By minimizing time delay, the project can stay on schedule and meet its objectives in a timely manner.Rate this question:
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- 10.
What is the default time that is used in resource smoothing process?
- A.
Earliest Start
- B.
Latest Start
- C.
Earliest Finish
- D.
Latest Finish
Correct Answer
A. Earliest StartExplanation
The default time used in the resource smoothing process is the earliest start time. This refers to the earliest possible time that a task can begin without causing any delays or conflicts with other tasks or resources. It helps in optimizing the scheduling of resources and ensuring that tasks are completed efficiently.Rate this question:
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