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Test: Crashing of Networks & Engineering Economy - Civil Engineering (CE) MCQ


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10 Questions MCQ Test - Test: Crashing of Networks & Engineering Economy

Test: Crashing of Networks & Engineering Economy for Civil Engineering (CE) 2024 is part of Civil Engineering (CE) preparation. The Test: Crashing of Networks & Engineering Economy questions and answers have been prepared according to the Civil Engineering (CE) exam syllabus.The Test: Crashing of Networks & Engineering Economy MCQs are made for Civil Engineering (CE) 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Crashing of Networks & Engineering Economy below.
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Test: Crashing of Networks & Engineering Economy - Question 1

In time-cost optimization of a project, crashing is done

Test: Crashing of Networks & Engineering Economy - Question 2

Cost-benefit studies are essential to

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Test: Crashing of Networks & Engineering Economy - Question 3

The optimum duration is the

Detailed Solution for Test: Crashing of Networks & Engineering Economy - Question 3

The direct cost increases with decrease in duration while the indirect cost decreases with decrease in duration. The optimum duration in the crashing of activities will correspond to minimum total cost (direct + indirect) of project completion.

Test: Crashing of Networks & Engineering Economy - Question 4

Match List-1 (Cost) with List-il (Feature) and select the correct answer using the codes given below the lists:
List-I
A. Optimal cost
B. Overheadcost
C. Direct cost
D. Indirect cost

List-II
1. Activity related
2. Developed by crashing process
3. Project-related
4. Contained in, or contributing exclusively to the related product

Detailed Solution for Test: Crashing of Networks & Engineering Economy - Question 4

Fixed indirect cost is independent of the progress of project. It includes initial expenditure for purchase of equipment, installation and storage charge required for different activities.

Test: Crashing of Networks & Engineering Economy - Question 5

In cost time optimization of a project, the project can be crashed by expediting

Test: Crashing of Networks & Engineering Economy - Question 6

Which of the following represents the reduction induration?

Test: Crashing of Networks & Engineering Economy - Question 7

Consider the following statements:
Crashing a project in terms of its duration would result in
1. an increase in the indirect cost
2. a decrease in the indirect cost
3. a decrease in the direct cost
4. an increase in the direct cost

Which of these statements are correct?

Detailed Solution for Test: Crashing of Networks & Engineering Economy - Question 7

Crasing reduces duration and therefore indirect cost decreases while direct cost increase.

Test: Crashing of Networks & Engineering Economy - Question 8

The cost slope is defined as

Test: Crashing of Networks & Engineering Economy - Question 9

The reduction in project time normally results in

Test: Crashing of Networks & Engineering Economy - Question 10

Economic saving of time results by crashing

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