2.3. Replacement Analysis Introduction

Try these first

1. 1.

   What is the definition of float in project management?

   Hint

   Think about flexibility in timing.

2. 2.

   How many cranes are available in the project discussed?

   Hint

   Recall the resource allocation section.

3. 3.

   What does float represent in project management?

   • The total duration of a project.
   • The delay allowed in tasks without affecting project completion.
   • The number of resources available.

   Hint

   It’s all about timing!

4. 4.

   True or False: The critical path can change when resource constraints are applied.

   • True
   • False

   Hint

   Consider how resources can shift timelines.

5. 5.

   A project has three critical activities (X, Y, Z) with floats of 0, 1, and 2 days respectively. If resources are limited to two units, suggest a strategy for allocation that minimizes delay.

   Hint

   Focus on the least float first.

6. 6.

   If an unforeseen event delays activity Z by 3 days, how would this affect overall project duration if Z was on the critical path?

   Hint

   Think about the ripple effect on critical paths.