CSL Resource Management & Budgeting 2

Question 1

Which scheduling technique helps supervisors identify the longest sequence of dependent tasks that determines minimum project duration?

Accepted Answer

Critical Path Method (CPM)

Answer

Gantt chart

Answer

Work breakdown structure

Answer

Balanced scorecard

Question 2

When directed to reduce department costs by 10%, the BEST first step for a supervisor is to:

Accepted Answer

Analyze current expenditures to identify areas for reduction

Answer

Immediately lay off staff

Answer

Stop all non-essential purchases without analysis

Answer

Request more funding from upper management

Question 3

Overstaffing a department results in which of the following outcomes?

Accepted Answer

Higher labor costs without proportional output gains

Answer

Increased productivity and output proportional to headcount

Answer

Reduced employee turnover across the organization

Answer

Improved customer satisfaction scores

Question 4

What is the purpose of a resource utilization report?

Accepted Answer

To measure how effectively available resources are being used

Answer

To track employee attendance and absences

Answer

To calculate employee performance bonuses

Answer

To identify training needs for new hires

Question 5

A supervisor who consistently submits budget requests that are inflated beyond actual needs is:

Accepted Answer

Padding the budget, which undermines credibility with leadership

Answer

Demonstrating responsible contingency planning

Answer

Showing strong negotiating skills valued by management

Answer

Practicing proactive resource management

Question 6

Which of the following is an example of a capital expenditure (CapEx)?

Accepted Answer

Purchase of new manufacturing equipment

Answer

Monthly utility bills for the department

Answer

Office supplies purchased on a weekly basis

Answer

Employee overtime pay during peak season

Question 7

When forecasting resource needs for an upcoming project, a supervisor should primarily rely on:

Accepted Answer

Historical data, project scope, and input from team members

Answer

Gut instinct and personal experience alone

Answer

The most optimistic scenario to secure maximum funding

Answer

What comparable competitors are spending on similar projects