Practice Components - 8.5.3 | 8. Project Management in Hardware System Development | Hardware Systems Engineering
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is meant by design and engineering costs?

πŸ’‘ Hint: Think about what resources are required for design.

Question 2

Easy

Give an example of a component cost.

πŸ’‘ Hint: Consider the basic parts used in electronic devices.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What category does the cost of EDA licenses fall under?

  • Prototyping
  • Testing & Certification
  • Design & Engineering

πŸ’‘ Hint: Consider the type of work involved with licenses.

Question 2

True or False: A contingency budget is used to cover planned expenses.

  • True
  • False

πŸ’‘ Hint: Think about the purpose of contingency budgets.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A hardware development team needs to decide whether to allocate 15% or 20% of the total budget for the contingency fund. Calculate the total amount for contingency if the project budget is set at $200,000 for both percentages.

πŸ’‘ Hint: Calculate the percentages to find the amounts.

Question 2

Critically assess how different cost tracking methods (e.g. software, manual reviews) could affect project control. Which method would be most advantageous and why?

πŸ’‘ Hint: Think about the speed and accuracy of each method.

Challenge and get performance evaluation