PMI-SP · Question #288
You are the project manager of the NHQ project. This project is scheduled to last for six months and will require $345,000 to complete. If the project completes earlier than scheduled, your…
The correct answer is D. Fast tracking. Fast tracking allows entire phases of the project to overlap and this action does increase risks. This is an approach that you would want to avoid in your project. Answer option B is incorrect. Crashing adds labor to the project and typically drives project costs. Answer option…
Question
You are the project manager of the NHQ project. This project is scheduled to last for six months and will require $345,000 to complete. If the project completes earlier than scheduled, your organization will receive a bonus of $5,000 per day for the early completion. Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible, but you must be careful not to increase project risk beyond an acceptable level of risk exposure. Which of the following approaches is most likely to increase project risk?
Options
- AUsing the critical chain method
- BCrashing
- CAdding leads to the project work
- DFast tracking
How the community answered
(33 responses)- A15% (5)
- B9% (3)
- C3% (1)
- D73% (24)
Explanation
Fast tracking allows entire phases of the project to overlap and this action does increase risks. This is an approach that you would want to avoid in your project. Answer option B is incorrect. Crashing adds labor to the project and typically drives project costs. Answer option A is incorrect. The critical chain method considers the availability of project resources as part of its network diagramming technique. Answer option C is incorrect. Lead time allows project activities to overlap and may introduce project risks, but not to the extent of using
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