Q21 Apart from labour cost in a project, there is need for other material costs to be estimated and scheduled
Q22 In practice, it would not be necessary to schedule the estimated expenditures for labour
Q23 Before practical scheduling can be carried out, the appointed project manager must highlight the problems associated with the project
Q24 Labour is not an important resource that needs to be scheduled in a project
Q25 Principles of scheduling resources provide the project manager with tolls with which to schedule resources
Q26 In time-limited scheduling, time is not of essence
Q27 In real life, resource limited scheduling is not found mainly in government establishments and parastatals
Q28 Following from above, the completion time of a project is a secondary objective
Q29 In resource limited scheduling, the levels of available resources are well known in advance, and as such should not be exceeded
Q30 Scheduling of resources are based on two options or priority rules (resource-limited scheduling and time-limited scheduling)
Q31 A project resource is any person (labour) equipment, tool or money that is needed for work on a project
Q32 The main aim of a project meeting is to determine who to award the contract to
Q33 Precedence notations indicate clearly the start and finish of activities
Q34 A major strength of network analysis is that it enables all the tasks in a project to be clearly defined
Q35 Network Analysis achieved great prominence during the period of the World War II
Q36 A project schedule matches the organization’s available resources to the project plan
Q37 There are two ways of considering a project time frame namely: the free planning approach and target-led approach
Q38 Every project to be executed must have a time frame
Q39 Another condition for a contract to exist is the issue of capacity
Q40 For any transaction or document to be termed a contract, there must be an offer and acceptance
