The normal time required for the completion of project in the above problem is_______________?

Related Mcqs:

1. If the scheduled completion time of a project is more than the earliest expected time for completion of the project, then the probability of completion of the project within the scheduled completion time will be__________________?

   A. 50%
   B. less than 50%
   C. more than 50%
   D. 100%

2. If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is________________?

   A. 4 days
   B. 6 days
   C. 10 days
   D. 16 days

3. If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be__________________?

   A. 2.3% and 84.1%
   B. 97.7% and 84.1%
   C. 97.7 % and 15.9%
   D. 15.9% and 97.7%

4. Preliminary project report for a road project must contain___________________?

   A. the detailed estimated cost based on detailed design
   B. the several alternatives of the project that have been considered
   C. the soil survey, traffic survey, concept design and approximate cost
   D. the contract documents for inviting tenders

5. A contractor has two options : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he______________?

   A. should invest in neither of the two projects
   B. could invest in either of the two projects
   C. should invest in project A
   D. should invest in project B

6. The direct cost of a project with respect to normal time is________________?

   A. minimum
   B. maximum
   C. zero
   D. infinite

7. The time corresponding to minimum total project cost is_______________?

   A. crash time
   B. normal time
   C. optimistic time
   D. between normal time and crash time

8. The probability of completion of any activity within its expected time is_________________?

   A. 50%
   B. 84.1%
   C. 99.9%
   D. 100%

9. What estimate would you give for the variance in above problem ?

   A. 81
   B. 54
   C. 36
   D. 9

10. The reduction in project time normally results in_______________?

    A. decreasing the direct cost and increasing indirect cost
    B. increasing the direct cost and decreasing the indirect cost
    C. increasing the direct cost and indirect cost both
    D. decreasing the direct cost and indirect cost both