Question 1

A project manager can calculate the projected schedule of the project to completion by using the:

Accepted Answer

A)  cost performance index. 
B)  schedule performance index. 
C)  budgeted cost at completion index. 
D)  budget efficiency index. 
A)  cost performance index. 
B)  schedule performance index. 
C)  budgeted cost at completion index. 
D)  budget efficiency index.

Question 2

Which of these tools allows a project team to make future projections of project status based on its current state?

Accepted Answer

A)  tracking Gantt chart 
B)  milestone chart 
C)  S-curve 
D)  earned value management 
A)  tracking Gantt chart 
B)  milestone chart 
C)  S-curve 
D)  earned value management

Question 3

Use the earned value table for Project Terrace to calculate their estimated cost to completion (all dollar amounts are in hundreds).

Accepted Answer

A)  $4,285 
B)  $4,800 
C)  $4,532 
D)  $3,604 
A)  $4,285 
B)  $4,800 
C)  $4,532 
D)  $3,604

Question 4

Use the data to calculate the earned value for the project. All amounts are in thousands of dollars.

Accepted Answer

A)  $38,500 
B)  $43,250 
C)  $54,750 
D)  $100,000 
A)  $38,500 
B)  $43,250 
C)  $54,750 
D)  $100,000

Question 5

Five weeks in the semester you have completed 0% of your project management class under the 0/100 rule.

Accepted Answer

A) True 
 B)False

Question 6

Knowing the correct steps to take once problems develop is a function of a team's:

Accepted Answer

A)  communication ability. 
B)  technical task ability. 
C)  troubleshooting ability. 
D)  client acceptance ability. 
A)  communication ability. 
B)  technical task ability. 
C)  troubleshooting ability. 
D)  client acceptance ability.

Question 7

An S-curve CANNOT be used to:

Accepted Answer

A)  determine whether the project is ahead of budget. 
B)  determine when the project is behind budget. 
C)  determine the cause of positive variance. 
D)  determine whether there is negative variance. 
A)  determine whether the project is ahead of budget. 
B)  determine when the project is behind budget. 
C)  determine the cause of positive variance. 
D)  determine whether there is negative variance.

Question 8

Planned value is:

Accepted Answer

A)  the total budget for the project. 
B)  a cost estimate of the budgeted resources across the project's life cycle. 
C)  the real budgeted value of the work that has actually been performed to date. 
D)  the cumulative total costs incurred in accomplishing the various project work packages. 
A)  the total budget for the project. 
B)  a cost estimate of the budgeted resources across the project's life cycle. 
C)  the real budgeted value of the work that has actually been performed to date. 
D)  the cumulative total costs incurred in accomplishing the various project work packages.

Question 9

An unmotivated team is a key success inhibitor in every project stage with the exception of the:

Accepted Answer

A)  main phase. 
B)  formation phase. 
C)  close-out phase. 
D)  build-up phase. 
A)  main phase. 
B)  formation phase. 
C)  close-out phase. 
D)  build-up phase.

Question 10

Earned value management allows a project manager to monitor the project's __________, __________, and __________.

Accepted Answer

cost, perf

Question 11

Once an activity has been started it is immediately valued at 50% completed under the __________.

Accepted Answer

The answer of Once an activity has been started it...

Question 12

Take the factors considered by earned value analysis and subtract those considered by project S-curves. The factor(s) you have remaining are:

Accepted Answer

A)  performance and cost. 
B)  cost and schedule. 
C)  time. 
D)  performance. 
A)  performance and cost. 
B)  cost and schedule. 
C)  time. 
D)  performance.

Question 13

A(n) __________ identifies the stage of completion of each task has attained by a specified date within the project.

Accepted Answer

tracking G

Question 14

Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement.

Accepted Answer

A)  The project never experiences negative variance. 
B)  With regards to budget, the project starts badly but finishes well 
C)  With regards to budget, the project starts well but finishes badly. 
D)  The project is in a constant state of positive variance. 
A)  The project never experiences negative variance. 
B)  With regards to budget, the project starts badly but finishes well 
C)  With regards to budget, the project starts well but finishes badly. 
D)  The project is in a constant state of positive variance.

Question 15

A tracking Gantt chart does NOT show:

Accepted Answer

A)  the reason an activity has slipped. 
B)  which activities are ahead of schedule. 
C)  which activities are on schedule. 
D)  which activities are behind schedule. 
A)  the reason an activity has slipped. 
B)  which activities are ahead of schedule. 
C)  which activities are on schedule. 
D)  which activities are behind schedule.

Question 16

The budget variance is calculated as:

Accepted Answer

A)  earned value minus planned value. 
B)  planned value minus actual cost. 
C)  earned value minus actual cost. 
D)  cost minus planned value. 
A)  earned value minus planned value. 
B)  planned value minus actual cost. 
C)  earned value minus actual cost. 
D)  cost minus planned value.

Question 17

Sketch the project control cycle and discuss the activities that take place in each step.

Accepted Answer

The project control cycle consists of se

Question 18

The __________ allows the project manager to calculate the project's budget to completion.

Accepted Answer

cost perfo

Question 19

Milestones are generally considered to be:

Accepted Answer

A)  demotivators for the project team. 
B)  key project review gates. 
C)  the end of the project for all team members except the project manager. 
D)  points where two or more activities merge. 
A)  demotivators for the project team. 
B)  key project review gates. 
C)  the end of the project for all team members except the project manager. 
D)  points where two or more activities merge.

Question 20

The critical success factor that relates to the underlying purpose for the project is the:

Accepted Answer

A)  project mission. 
B)  technical acceptance. 
C)  technical tasks. 
D)  client consultation. 
A)  project mission. 
B)  technical acceptance. 
C)  technical tasks. 
D)  client consultation.

A project manager can calculate the projected schedule of the project to completion by using the:

Which of these tools allows a project team to make future projections of project status based on its current state?

Use the earned value table for Project Terrace to calculate their estimated cost to completion (all dollar amounts are in hundreds).

Use the data to calculate the earned value for the project. All amounts are in thousands of dollars.

Five weeks in the semester you have completed 0% of your project management class under the 0/100 rule.

Knowing the correct steps to take once problems develop is a function of a team's:

An S-curve CANNOT be used to:

Planned value is:

An unmotivated team is a key success inhibitor in every project stage with the exception of the:

Earned value management allows a project manager to monitor the project's , , and __.

Once an activity has been started it is immediately valued at 50% completed under the __________.

Take the factors considered by earned value analysis and subtract those considered by project S-curves. The factor(s) you have remaining are:

A(n) __________ identifies the stage of completion of each task has attained by a specified date within the project.

Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement.

A tracking Gantt chart does NOT show:

The budget variance is calculated as:

Sketch the project control cycle and discuss the activities that take place in each step.

The __________ allows the project manager to calculate the project's budget to completion.

Milestones are generally considered to be:

The critical success factor that relates to the underlying purpose for the project is the:

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Critical Chain Project Scheduling

Resource Management

Project Closeout and Termination

Filters

Exam 13: Project Evaluation and Control

A project manager can calculate the projected schedule of the project to completion by using the:

Which of these tools allows a project team to make future projections of project status based on its current state?

Use the earned value table for Project Terrace to calculate their estimated cost to completion (all dollar amounts are in hundreds).

Use the data to calculate the earned value for the project. All amounts are in thousands of dollars.

Five weeks in the semester you have completed 0% of your project management class under the 0/100 rule.

Knowing the correct steps to take once problems develop is a function of a team's:

An S-curve CANNOT be used to:

Planned value is:

An unmotivated team is a key success inhibitor in every project stage with the exception of the:

Earned value management allows a project manager to monitor the project's __________, __________, and __________.

Once an activity has been started it is immediately valued at 50% completed under the __________.

Take the factors considered by earned value analysis and subtract those considered by project S-curves. The factor(s) you have remaining are:

A(n) __________ identifies the stage of completion of each task has attained by a specified date within the project.

Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement.

A tracking Gantt chart does NOT show:

The budget variance is calculated as:

Sketch the project control cycle and discuss the activities that take place in each step.

The __________ allows the project manager to calculate the project's budget to completion.

Milestones are generally considered to be:

The critical success factor that relates to the underlying purpose for the project is the:

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Critical Chain Project Scheduling

Resource Management

Project Closeout and Termination

Filters

Earned value management allows a project manager to monitor the project's , , and __.