2.2. Economic Utilization of Equipment

Try these first

1. 1.

   What is float in project management?

   Hint

   Think about how long you can push back a deadline.

2. 2.

   Name one reason for creating an equipment loading chart.

   Hint

   Consider why we track resources.

3. 3.

   What does float indicate in project management?

   • A measure of idle resources
   • The time an activity can be delayed
   • The total time of the project

   Hint

   Think about how delays can impact project schedules.

4. 4.

   True or False: A zero float activity can be delayed without affecting the project.

   • True
   • False

   Hint

   Consider what critical tasks mean for a project.

5. 5.

   You have a project with activities that have the following float: Activity A (0 float), Activity B (5 float), Activity C (2 float), Activity D (1 float). Explain how you would prioritize resource allocation and why.

   Hint

   Focus on which activities are most time-sensitive.

6. 6.

   Suppose you are managing a project that originally took 20 days but due to equipment shortages, it is now estimated to take 30 days. Assign equipment using a least total float approach. How would you prevent further delays?

   Hint

   Consider focusing efforts on critical activities.