Chapter 10 PM

T/F As a general rule in crashing the critical path, it is a good idea to focus on the activities that occur later in the project and focus on the shortest tasks.

False

T/F Occasionally it is possible that some additional resources can be added at little or no cost to a project during a crisis period. Most of the time, however, additional resources usually do not add cost to the organization.

False

T/F VAR stands for Variance after Completion.

False

T/F Accurate status information is needed by the PM to coordinate other efforts, resources, and project work so both informal and formal tracking methods are going to be required.

True

T/F Another major part of the project manager's job is to keep the project plan current by updating it on a continuous basis, as changes occur over the life of the project.

True

T/F Control Costs is the process of monitoring the status of the project to update the project costs and managing changes to the cost baseline.

True

T/F EAC stands for Estimate at completion.

True

T/F Monitoring and Controlling Process Groups consists of those processes required to track, review, and regulate the progress and performance of the project.

True

T/F The following are all the processes in the 'Monitoring and Controlling Process Group: Monitor and control project work, Perform integrated change control, Validate Scope.

True

T/F There is an optimal number of people for handling any task. Sometimes adding assistance, at the right time, and with the proper skills may help a situation; however, adding resources just to accelerate a project may cause problems in the following areas.

True