Multiple choice

1. The HMO Act of 1973 was a landmark piece of federal legislation that:

A: caused members of HMOs to grow because of the availability of federal money

B: actually reduced the number of HMOs because the guidelines were so strict they were too hard to comply with

C: states did not want to comply with because it cost the money

D: essentially did away with indemnity insurance

2. _________________ is an amount the contractor may want to include to cover the unexpected items.

A: overhead

B: contingency

C: labor

D: profits

3. The amount of time that a particular activity can be delayed without delaying the succeeding activities earliest start time is:

A: total slack

B: free slack

C: scheduling

D: what-if period

4. The equation for calculating an activity’s latest start time is LS=________________

A: LF-duration estimate

B: LF-actual finish

C: early finsh+duration estimate

D: late finish+duration estimate