The Plan
What is the cost?
Down with Duration
Cost-Duration
Crash Choice
100
This is the longest sequence of tasks in a project plan.
What is Critical Path?
100
This report shows the total costs by quarter.
What Cash Flow?
100
The general term for shortening the duration of the project.
What is Crashing a project?
100
The cost-duration graph shows the sum of _____ and _____ costs.
What are direct and indirect costs?
100
What you choose relies on the ______ method for reducing the duration.
What is cheapest? You look at inherent risks, timing of activities, over-allocation of resources and impact on morale and motivation.
200
A delay in the critical path causes a delay in this.
What is the project finish (or end) date?
200
In MS Project, ______ shows an overview of the project's status.
What is Project Statistics?
200
Time to market, incentives for early completion and imposed deadlines are examples.
What are reasons for reducing project duration? Along with changing environment, high overhead costs and resource reassignment.
200
Direct costs tend to _____ as the duration is reduced.
What is grow?
200
If a project network has several critical or near-critical paths it is said to be this.
What is sensitive?
300
Time the task can slip without delaying the project is called this.
What is slack (or float) time?
300
Shows total project costs in MS Project.
What is the project summary task?
300
To accelerate a project when resources and not constrained you can add resources, outsourcing, or _______.
What is schedule overtime?
300
The shortest time you can realistically complete an activity.
What is Crash Time?
300
Sensitive networks have _______.
What is less flexibility?
400
Sequencing of tasks is done using this element.
What are task dependencies?
400
In MS Project, ________ report shows how much is spent on each resource.
What is Resource Cost Overview?
400
When resources ARE constrained, two ways you can accelerate a project are reducing ____, running tasks in ______.
What is scope and parallel?
400
The relationship between cost and time is assumed to be this.
What is linear.
400
A project network is deemed INSENSITIVE if this occurs.
What is one dominant critical path?
500
When reviewing a project schedule you should look at task durations, task dependencies and ______.
What are over-allocated resources?
500
This table shows task and assignment costs.
What is the Cost Table?
500
This approach takes resource dependencies and technical dependencies into consideration.
What is Critical Chain Approach?
500
Cost slope=Crash cost - Normal cost /Normal time - Crash time is the formula to calculate this.
What is cost per unit of time?
500
When cost, not time, is the issue you can reduce project ____, have owner take on _______, or _____ activities.
What is scope, responsibility and outsource? The team can also brainstorm other cost-saving options.
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