A project has 25% float consumed in the first quarter. The project is 20% complete. What does this indicate about project schedule performance?
Correct Answer
D) The project is behind schedule and at risk
With 25% of float consumed while only 20% complete, the project is consuming float faster than making progress, indicating schedule delays and putting the completion date at risk.
Why This Is the Correct Answer
When a project consumes 25% of its float while only achieving 20% completion, it indicates poor schedule performance. The project is using up its schedule buffer faster than it's making progress, which is a clear sign of being behind schedule. This consumption rate suggests the project will likely exceed its planned duration and is at risk of missing critical deadlines, making schedule recovery increasingly difficult.
Why the Other Options Are Wrong
Option A: The project is ahead of schedule
The project cannot be ahead of schedule when it's consuming float faster than making progress. Being ahead would mean completing more work than planned or using less time than allocated, not depleting schedule buffers while underperforming on deliverables.
Option B: The project schedule needs to be rebaselined
While rebaselining might eventually be necessary, the current data doesn't automatically indicate this need. The 25% float consumption with 20% completion is a performance indicator, not necessarily grounds for rebaselining. Management should first attempt corrective actions before considering baseline changes.
Option C: The project is on schedule
A project on schedule would show proportional progress and float consumption, ideally with minimal float usage. Consuming 25% of float while only 20% complete clearly indicates the project is not maintaining its planned schedule trajectory.
Memory Technique
Remember 'Float Faster = Failure': When float is consumed faster than progress is made, the project is failing to meet schedule expectations and is at risk.
More NASCLA Questions
Which AIA document contains the general conditions that govern the rights and responsibilities of all parties in a construction contract?
A construction company has direct labor costs of $85,000, direct materials of $120,000, and overhead costs of $45,000 for a project. What is the total job cost?
What is the primary purpose of job cost accounting in construction?
A construction company has current assets of $350,000 and current liabilities of $280,000. What is the company's working capital?
In CSI MasterFormat, which division covers earthwork and site preparation?
In a mechanical drawing, what does 'CFM' typically measure?
In CSI MasterFormat Division 08, which of the following would typically be included?
On a mechanical plan, what does the symbol 'RTU' typically indicate?
What is the minimum preheat temperature for welding ASTM A992 steel when the ambient temperature is 15Β°F?
A general contractor's balance sheet shows total assets of $850,000, current liabilities of $320,000, and long-term debt of $180,000. What is the company's equity?
People Also Study
Business & Financial Management
120 questions Β· 70% to pass
Contract Administration
60 questions Β· 70% to pass
Project Management
60 questions Β· 70% to pass
