When several activities need the same limited resource at the same time the activities with?
Project Management Ch. 6 Flashcards
| Question | Answer |
|---|---|
| When several activities need the same limited resource at the same time, the activities with the _____ have first priority. | least slack |
How does the network logic also take into account resource constraints?
In addition to showing the technical constraints among activities, how does the network logic also take into account resource constraints? Activities that use the same resource may not be able to occur in parallel to each other. In resource-limited scheduling, the lower priority activities get delayed.
What is the difference between resource leveling and resource smoothing?
Resource levelling is used when limits on the availability of resources are paramount. Resource smoothing is used when the time constraint takes priority. The objective is to complete the work by the required date while avoiding peaks and troughs of resource demand.
What are the disadvantages of resource leveling?
By resource conflicts, there are numerous disadvantages suffered by the organization, such as:
- Delay in certain tasks being completed.
- Difficulty in assigning a different resource.
- Unable to change task dependencies.
- To remove certain tasks.
- To add more tasks.
- Overall delays and budget overruns of projects.
What is the purpose of resource leveling?
Resource leveling helps managers get maximum use out of the resources available to them. The goal is to minimize waste and resolve conflicts like over-allocation, delays, budget overruns, or the need to add or remove tasks. You can perform it on individual projects or across multiple concurrent projects.
What do u mean by resource leveling?
“Resource leveling is a technique in which start and finish dates are adjusted based on resource limitation with the goal of balancing the demand for resources with the available supply.”
What is the most common strategy used in resource leveling?
Critical path
Why is resource loading and leveling done in projects?
Resource leveling requires managers to have an understanding of whether a project is critical. A manager will then shift all available resources and money to complete those projects deemed critical. When resources are utilized, resource leveling will dictate that start or end dates be adjusted to reduce the conflict.
Does resource leveling keep a project on schedule?
Resource leveling keeps the project on schedule because activities are delayed only to the point where all of their positive slack is used up. Any further delay would cause the project to extend beyond the project due date.
What is the overall process of resource leveling on a project?
In project management, resource leveling is defined by A Guide to the Project Management Body of Knowledge (PMBOK Guide) as “A technique in which start and finish dates are adjusted based on resource limitation with the goal of balancing demand for resources with the available supply.” Resource leveling problem could …
How resource Levelling keeps a project on schedule?
Resource leveling is an approach to project scheduling whereby task start and end dates are determined by the availability of internal and external resources. Resource leveling will resolve over-allocations by moving task start and end dates, or extending task durations in order to suit resource availability.
What are 3 advantages of Levelling resources?
3. Benefits of Resource Leveling in Project Management
- It eliminates over-allocation of the resource pool due to limited availability.
- Managers can enhance their workforce productivity and prevent burnout by adjusting the project deadline.
What is the main focus of the resource constrained project?
The Resource Constrained Project Scheduling Problem (RCPSP) is the sub-class of the Scheduling Problem that deals with scenarios where personnel or workforce employed to perform the tasks are limited and each job has an arrival time, a due date, and a penalty associated to delays.
What are the objectives of resource allocation?
Resource allocation is a process in which a company decides where it wants to place its scarce resources. The overall strategy is to produce the goods and services that match customer preferences for the lowest possible cost of production so that resource use can be maximized.
What is resource allocation strategy?
In strategic planning, resource allocation is a plan for using available resources, for example human resources, especially in the near term, to achieve goals for the future. It is the process of allocating scarce resources among the various projects or business units.
What allows an easy reallocation of resources?
Use Resource Reports. You can reallocate if you don’t know where you’re resources are allocated. You might have planned them out well, but change happens in projects. For example, there are resource reports that give you an overview of your team’s workload and whether they’re over-tasked or idle.
Is market the best way to allocate resources?
Using markets for allocation of resources is generally efficient, better and cheaper. It can provide quicker means of business transactions between buyers and sellers. A market tends to create and maintain somewhat a balance between demand and supply so that there is no surplus and shortage of products.
Are prices the best way to allocate resources quizlet?
The price system is the most efficient way to allocate resources. Prices do more than help individuals make decisions; they also help allocate resources both within and between markets. Rationing is a system of allocating goods and services without prices.