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Chapter 9 Quiz

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Chapter 9 Quiz
Project Management: The Managerial Process, 6/e
Erik W. Larson & Clifford F. Gray

Chapter 9 Reducing Project Duration- Multiple Choice Quiz:

1.
A)
Imposed project deadlines

B)
Time to market

C)
Unforeseen project delays

D)
High overhead

E)
Incentive contracts

2 CORRECT
2.

Intense global competition and rapid technological advances create pressure on developing projects rapidly. This is an example of reducing project duration caused by:

A)
Imposed project deadlines

B)
Time to market

C)
Unforeseen project delays

D)
High overhead

E)
Incentive contracts

3 CORRECT
3.

In a Project Cost-Duration Graph, total project costs are a sum of

A)
Labor, material and equipment costs

B)
Direct costs plus interest

C)
Direct labor costs and the project manager’s salary

D)
Direct costs and the project manager’s salary

E)
Direct and indirect costs

4 CORRECT
4.

Which of the following is NOT considered a project indirect cost?

A)
Supervision

B)
Consultants

C)
Equipment

D)
Interest

E)
The project manager’s salary

5 CORRECT
5.

Before crashing, direct costs for an activity represent normal costs, which typically mean low cost, efficient methods for completing the activity in a(n) ________ amount of time.

A)
Normal

B)
Budgeted

C)
Optimized

D)
Expected

E)
Targeted

6 CORRECT
6.

As a project is crashed and project duration is reduced, direct costs typically

A)
Increase

B)
Become unstable

C)
Decrease

D)
Become unreliable

E)
Stay the same

7 CORRECT
7.

The direct cost for completing an activity in the shortest time it can realistically be completed in is called its __________ cost.

A)
Normal

B)
Reserve

C)
Crash

D)
Accelerated

E)
Expedited

8 CORRECT
8.

Cost slope can be determined by dividing the

A)
Run by the rise

B)
Rise by the run

C)
Crash cost by the normal cost

D)
Normal cost by the crash cost

E)
Indirect cost by direct cost

9 CORRECT
9.

In

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