MGT 4330 Questions and Correct Answers/ Latest Update / Already Graded

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MGT 4330 Questions and Correct
Answers/ Latest Update / Already Graded
The president of a software company remarks in a speech that new
technologically advanced software will be available in one year. This is
an example of reducing project duration caused by

Ans: Imposed project deadlines


Adverse weather, design flaws, and equipment breakdown can create
negative slack. This is an example of reducing project duration caused
by:

Ans: Unforeseen project delays


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

Ans: Equipment


Low-cost, realistic, efficient methods for completing an activity under
normal conditions are supported by ____ time.

Ans: Normal


The shortest possible time an activity can be completed realistically is
called ___ time.


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Ans: Crash


____ costs are incurred when completing an activity in its realistically
shortest time.

Ans: Crash


Cost slope can be determined by dividing the

Ans: Rise by the run


Which of the following correctly calculates an activity's cost slope?

Ans: (crash cost-normal cost)/(normal time-crash time)


The optimum duration for a project is at the point where:

Ans: Total project costs are the lowest


Creating a Project Cost-Duration graph is useful:

Ans: A) During the pre-project planning phase
B) After the project has begun


If a network has several critical or near-critical paths it is deemed to be:

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