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As the proverb goes, "No garden is without weeds".

NEW QUESTION: 1
Your are quoted the following rates:
spot CHF/JPY 60.12-22
3M CHF/JPY 25.5/22.5
At what rate can you buy 3-month outright JPY against CHF?
A. 79.895
B. 79.965
C. 79.865
D. 79.995
Answer: C

NEW QUESTION: 2
Ben is the project manager of the NHF Project for his organization. Some delays early in the project have caused the project schedule to slip by nearly 15 percent. Management would like Ben to find a method to recoup the schedule slippage and to get the project back on track. Management is risk-adverse with this project. Which of the following methods should Ben avoid to recoup the project time?
A. Adding lead time
B. Critical chain methodology
C. Crashing
D. Fast tracking
Answer: D
Explanation:
Of all the choices, Ben should avoid fast tracking, as it allows complete phases of the project to
overlap, and this increases project risks. Management wants to avoid risks, so fast tracking would
not be helpful. Fast tracking is a technique for compressing project schedule. In fast tracking,
phases are overlapped that would normally be done in sequence. It is shortening the project
schedule without reducing the project scope.
Answer option A is incorrect. Crashing adds people and costs but is relatively safe in regard to
risks.
Answer option C is incorrect. Critical chain is not a schedule compression technique and would not
necessarily help the project get back on schedule.
Answer option D is incorrect. Lead time, similar to fast tracking, can increase project risks;
however, fast tracking is more risky than lead time. Lead time allows individual activities to
overlap, while fast tracking allows entire project phases to overlap.