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1.

The word Heuristics means


Rule of thumb
2. Splitting an activity creates the following situation: (BOTH)
A. There are possible startup and shutdown costs
B. A resource may be moved from one activity to another and then back

A planner splits the continuous work included in an activity by interrupting the work and
sending the resource to another activity for a period of time and then having the resource
resume work on the original activity. Splitting can be a useful tool if the work involved does
not include large start-up or shutdown costs—for example, moving equipment from one
activity location to another. The most common error is to interrupt "people work," where
there are high conceptual start-up and shutdown costs.

3. The U.S. Forest Service "snapshot from practice" illustrated the importance of (BOTH)
A. Resource constraints
B. Cost constraints
It is important to remember that, if resources are truly limited and activity time estimates are
accurate, the resource-constrained schedule will materialize as the project is implemented—
not the time-constrained schedule! Therefore, failure to schedule limited resources can lead to
serious problems for a project manager. The benefit of creating this schedule before the
project begins leaves time for considering reasonable alternatives.
4. More common problems associated with managing multiproject resources include all of
the following except : Reducing "downtime" created by lack of tasks to perform

5. When a company will reduce the number of projects they have to manage internally to
only core projects and send noncritical projects to contractors and consulting firms this is
called
Outsourcing
Many companies are using outsourcing as a means for dealing with their resource allocation
problems. In some cases, a company will reduce the number of projects they have to manage
internally to only core projects and outsource noncritical projects to contractors and
consulting firms. In other cases, specific segments of projects are outsourced to overcome
resource deficiencies and scheduling problems.
6. Which of the following is not one of the more common problems associated with
scheduling multiproject resources ALL
A. Overall schedule slippage
B. Inefficient resource utilization
C. Resource bottlenecks
7. In a resource-constrained project the third priority in assigning resources is usually given
to activities with the
Lowest identification number
In very rare cases, when all eligible activities have the same slack and the same duration, the
tie is broken by the lowest activity identification number (rule 3), since each activity has a
unique ID number.
8. In the Botanical Garden example, which of the following was used to solve the resource
problem?
Smoothing resource demand
The Botanical Garden project schedule reached the three goals of smoothing: The peak of
demand for the resource was reduced, resources over the life of the project have been reduced,
the fluctuations in resource demand were minimized.

9. Project budgets are developed by time-phasing which of the following?


Work packages
Using your project schedule, you can time-phase work packages and assign them to their
respective scheduled activities to develop a budget schedule over the life of your project.

10. A project budget report is showing our project as spending $35,000 against a budgeted
amount of $40,000. Which of the following is true?
We can't be sure how the project is going
There is no way to be certain how much of the physical work has been accomplished.

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