All of the Following Are Benefits of Scheduling Resources Before

question 9

Multiple Choice

All of the following are benefits of scheduling resources before project implementation EXCEPT

• A) it allows time for considering reasonable options if resource constraints do exist.
• B) the project completion date can be established.
• C) work packages can be time-phased.
• D) it allows managers to share resources with other project managers if it is requested without negatively impacting their project.
• E) it ensures low network sensitivity.

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Definitions:

Initial Endowment

The initial allocation of resources, money, or goods that an individual, institution, or country possesses.

Pareto Optimal

An allocation of resources from which it is impossible to reallocate to make any one individual better off without making at least one individual worse off.

Utility Function

A mathematical representation used in economics to model the satisfaction or happiness a consumer derives from consuming goods and services.

Edgeworth Box

A diagram used in microeconomics to show the distribution of resources and the optimality of trade-offs between two agents in an economy.