Please type responses if possible or if you need to write it, please make sure it is legible and easy to follow. If you are not sure of your responses, please just leave blank.

1.) The higher the cost slope of an activity the lower the cost to reduce its duration.

• True
• False

2.) Indirect costs generally represent overhead costs such as supervision, administration, consultants, and interest.

• True
• False

3.) Total cost for specific project durations is computed and then compared with the benefits of reducing project time, before the project begins or while it is in progress.

• True
• False

4.) Brooks' law states that adding manpower to a software project helps keep it on schedule

• True
• False

5.) A construction contractor finished a bridge across a river 12 months early and received more than $5 million for the early completion. This is an example of reducing project duration caused by

• imposed project deadlines.
• time to market
• unforeseen project delays
• high overhead
• incentive contracts

6.) When adding resources, there are limits as to how much speed can be gained

• True
• False

7.) If indirect costs are a significant percentage of total project costs, reductions in project time can represent very real savings

• True
• False

8.) Direct costs are so named because they can be assigned directly to a work package and activity.

• True
• False

9.) Without any formal planning, the president of a high-tech company remarks in a speech that new technologically advanced routers will be available in one year. This may lead to a project that must be done faster than anticipated. This is an example of reducing project duration caused by

• imposed project deadlines.
• time to market
• unforeseen project delays
• high overhead
• incentive contracts

10.) Incentive contracts can make the reduction of project time rewardingusually for both the project contractor and owner.

• True
• False