PMI-SP · Question #337
You are the project manager of the AHQ 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 C. Crashing. Crashing adds labor to the project. This approach adds costs to the project because you will have to pay for the added labor. Answer option B is incorrect. Fast tracking allows entire phases to overlap in the project. This approach adds risks to the project. Answer option D is…
Question
You are the project manager of the AHQ 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 of early completion. Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible, but management does not want you to increase the costs of the project beyond $1,000 per day of the bonus realization. Which of the following approaches will likely add costs to the project?
Options
- AAdding leads to the project work
- BFast tracking
- CCrashing
- DUsing the critical chain method
How the community answered
(45 responses)- A7% (3)
- B18% (8)
- C71% (32)
- D4% (2)
Explanation
Crashing adds labor to the project. This approach adds costs to the project because you will have to pay for the added labor. Answer option B is incorrect. Fast tracking allows entire phases to overlap in the project. This approach adds risks to the project. Answer option D is incorrect. The critical chain method considers the availability of project Answer option A is incorrect. Adding lead time to activities allows activities to overlap and does not add project costs.
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