Question: When a project is taking more hours to complete than originally planned, which of the following is a viable solution to reduce the hours required

When a project is taking more hours to complete than originally planned, which of the following is a viable solution to reduce the hours required while maintaining costs?

A. Use less expensive materials.

B. Fast-track the project.

C. Assign additional resources.

D. Apply management reserve.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Project Management Questions!

Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...

CP 12-4 Preferred stock vs. bonds Xentec Inc. has decided to expand its operations to owning and operating golf courses. The following is an excerpt from a conversation between the chief executive...

When a project is taking more hours to complete than originally planned, which of the following is a viable solution to reduce the hours required while maintaining costs? A. Use less expensive...

According to the PMBOK Guide, "the WBS is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team, to accomplish the project objectives and create the...

Risk Register Workbook Instructions This template is to be used for identifying risks and creating plans for how to avoid them (negative risks) or how to m managing them throughout the project. The...

Scenario Using the right project management tools and methodologies will help ensure a project's success. You have decided to review your organization's current project management tools and...

please ..please ...please.. help me with this ! please help me with this! EMBA 660 FBSU Project Management T TF T T T 10) T Q#1) True or False statements: Circle (T) for True or (F) 1) The cost of...

Do you think uncertainty management works satisfactorily in the project? Please support your answer with full explanation? Risk Analysis Case Study: The Sydney Opera House 1. Introduction This case...

1)All of the following are considered as three of the most important contextual issues impacting project management EXCEPT: A) Culture. B) Strategy. C) Organizational structure. D) Information...

Calculate the radius of a vanadium atom, given that V has a BCC crystal structure, a density of 5.96 g/cm3, and an atomic weight of 50.9 g/mol.

Refer to the epilepsy data in Table 3.19. The researchers were interested in determining whether the treatment patients and placebo patients had differences in the number of epileptic seizures during...

Sunland, Inc had the following bank reconciliation at March 3 1 , 2 0 2 1 . Balance per bank statement, 3 / 3 1 / 2 1 $ 3 7 0 0 0 Add: Deposits in transit: 6 2 4 0 _ _ _ _ _ _ _ 4 3 2 4 0 Less:...

You have been offered an investment that will pay you a lump sum of $$30,000$ 25 years from today, along with a payment of $$1,000$ per year for 25 years starting one year from today. How much...

Do you see yourself as having leader qualities or manager qualities? Do you think you will become a better leader/manager by developing the characteristics you already have or by trying to develop...

1. Tell Carolyn Clark that employee volunteerism is important to the company and that while her performance evaluation will not be affected by her decision, she should consider helping Harris because...

1. How would you describe Evelyn Gustafsons leadership style? What were its strengths and weaknesses? What were the sources of her influence? 2. How would you describe Erik Rasmussens leadership...

An error in recording which item is a counterbalancing (self-correcting) error? Select one: a. Issuance of Bonds b. Depreciation c. Common Stock Issuance d. Treasury Stock Purchase e. Year-end...

Current Yield with Semiannual Payments A bond that matures in 9 years sells for $950. The bond has a face value of $1,000 and a yield to maturity of 9.8764%. The bond pays coupons semiannually. What...

The cost of goods manufactured is: Multiple Choice O the amount transferred from Raw Materials to Finished Goods. the amount transferred from Raw Materials to Work in Process. the amount transferred...