Answer the following statement(s) true (T) or false (F)
1. When resource overloads are extreme, project managers may need to consider the acquisition of additional resources, reductions in scope or extensions to the project schedule.
2. Critical chain project management is an alternate scheduling technique that modifies the project schedule by taking resource constraints into account.
3. Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded.
4. Crashing is a project schedule compression technique that expedites a project by executing activities at the same time that ordinarily would be done one after the other.
5. An example of fast tracking a project schedule would be to overlap the design and production phases for a design-to-production project, where the conventional approach would be to move on to construction only after completing the design phase.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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Answer the following statements true (T) or false (F)
1. If a marketing person reports to both the vice president of marketing and also to the project manager for the Ford Mustang, she works in a network organization. 2. A functionally organized company can also use cross-functional teams to work on particular problems. 3. A hollow structure is often called a network structure. 4. Bombardier builds eight-passenger business jets from 12 separately sourced portions which can be put together in four days. This firm has a modular organizational structure.
It is not uncommon for an international firm (General Electric or Nestlé) to operate in
A. 5 local currencies. B. 25 local currencies. C. 3 hard currencies and 10 soft ones. D. both hard and soft currencies, totaling 20.
An approximation of the operating cycle can be determined from the receivable liquidity figures and the inventory liquidity figures
Indicate whether the statement is true or false
Construct validity is established when the measured items are conceptually consistent with a construct definition
Indicate whether the statement is true or false