1)A project resource is owned by the work breakdown structure. (True/false)

2)Crashing a project means that the project schedule is a failure. (True/False)

3)AOA, Arrow Diagram Method of scheduling is the most common form of CPM Scheduling used in project management today. (True/False)

4)Increasing the number of workdays in a project work is one way of to compress a project's schedule. (True/False)

5)A definitive budget is an order of magnitude cost estimate. (True/False)

6)overhead rates, also called burden rates, are best described as:

i)direct prices of a resource

ii) covers all costs outside of labor cost resources

iii) are used to address out of pocket, indirect costs associated with making a resource available to a project

iv) is a profit only calculation.

Q) which of the following relate to an activity:

i) it is a component of work performed during a project

ii) it has a clear start and end point

iii) regardless of the number of people working on it, only one person should be placed incharge

iv) all the above.

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