Question 1

What are drawbacks to a pure S-curve analysis?

Accepted Answer

S-curves do not allow troubleshooting (i

Question 2

It is possible to measure:

Accepted Answer

A) only positive deviations from the schedule baseline with a tracking Gantt chart. 
B) only negative deviations from the schedule baseline with a tracking Gantt chart. 
C) both positive and negative deviations from the schedule baseline with the tracking Gantt chart. 
D) both positive and negative deviations from the budget with the tracking Gantt chart. 
A) only positive deviations from the schedule baseline with a tracking Gantt chart. 
B) only negative deviations from the schedule baseline with a tracking Gantt chart. 
C) both positive and negative deviations from the schedule baseline with the tracking Gantt chart. 
D) both positive and negative deviations from the budget with the tracking Gantt chart.

Question 3

Use the data to calculate the schedule performance index for the project for the end of week 10.All amounts are in thousands of dollars.

Accepted Answer

A) 1.24 
B) 0.93 
C) 0.81 
D) 0.76 
A) 1.24 
B) 0.93 
C) 0.81 
D) 0.76

Question 4

In earned value management,schedule variance is defined as:

Accepted Answer

A) the difference between the earned value and the actual cost. 
B) the difference between the earned value and the planned value. 
C) the difference between the actual cost and the planned value. 
D) the difference between the cost and schedule performance indices multiplied by the budgeted cost at completion. 
A) the difference between the earned value and the actual cost. 
B) the difference between the earned value and the planned value. 
C) the difference between the actual cost and the planned value. 
D) the difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.

Question 5

An excellent way to coordinate schedules with vendors and suppliers is through the use of:

Accepted Answer

A) milestones. 
B) S-curves that plot expenditures against time. 
C) S-curves that plot planned expenditures against time. 
D) a tracking Gantt chart. 
A) milestones. 
B) S-curves that plot expenditures against time. 
C) S-curves that plot planned expenditures against time. 
D) a tracking Gantt chart.

Question 6

Use the earned value table to determine the estimated cost to completion (to the nearest hundred dollars)given the indicated state of the project.

Accepted Answer

A) $9,600 
B) $7,800 
C) $8,100 
D) $10,500 
A) $9,600 
B) $7,800 
C) $8,100 
D) $10,500

Question 7

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 8

The classic project S-curve is a plot of:

Accepted Answer

A) labor hours versus money expended. 
B) money expended versus elapsed time. 
C) elapsed time versus labor hours. 
D) number of personnel versus days behind schedule. 
A) labor hours versus money expended. 
B) money expended versus elapsed time. 
C) elapsed time versus labor hours. 
D) number of personnel versus days behind schedule.

Question 9

What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?

Accepted Answer

The 0/100 rule and the 50/50 rule are bo

Question 10

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 11

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 is further ahead of budget from weeks 36 through 40 than from weeks 8 through 12. 
B) The project never experiences negative variance. 
C) The project is further behind budget from weeks 0 through 16 than from 24 through 40. 
D) The project is in a constant state of positive variance. 
A) The project is further ahead of budget from weeks 36 through 40 than from weeks 8 through 12. 
B) The project never experiences negative variance. 
C) The project is further behind budget from weeks 0 through 16 than from 24 through 40. 
D) The project is in a constant state of positive variance.

Question 12

The project control cycle begins with ________.

Accepted Answer

The answer of The project control cycle begins with ________....

Question 13

Measurement mechanisms should include a clear definition of:

Accepted Answer

A) the project baseline. 
B) the reporting relationships among members of the project team. 
C) what to measure. 
D) trigger points. 
A) the project baseline. 
B) the reporting relationships among members of the project team. 
C) what to measure. 
D) trigger points.

Question 14

One strength of S-curve analysis is that it provides real-time tracking information.

Accepted Answer

A) True 
 B)False

Question 15

Earned value management at the portfolio level requires:

Accepted Answer

A) a single project manager with a single metric system. 
B) aggregation of all earned value measures across the firm's entire project portfolio. 
C) only positive variances for both budget and schedule. 
D) only negative variances for both budget and schedule. 
A) a single project manager with a single metric system. 
B) aggregation of all earned value measures across the firm's entire project portfolio. 
C) only positive variances for both budget and schedule. 
D) only negative variances for both budget and schedule.

Question 16

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 17

Since a project may get ahead of or fall behind schedule,a calendar date cannot be a milestone.

Accepted Answer

A) True 
 B)False

Question 18

Inspired by his trip to Greece,the gentleman farmer decided he needed a Mykonos-style windmill pumping a pond for his sheep and orchard.His earned value table for the project appears below.At the end of June,what was the estimated time to completion and the estimated cumulative cost to completion?

Accepted Answer

At the end of June,the PV=5950

Question 19

What is a tracking Gantt chart and what are the benefits and drawbacks of its use?

Accepted Answer

A tracking Gantt chart is a Gantt chart

Question 20

Use the earned value table (all amounts indicated are dollars)to determine the earned value to the nearest hundred dollars given the indicated state of the project.

Accepted Answer

A) $7,800 
B) $9,600 
C) $8,400 
D) $6,900 
A) $7,800 
B) $9,600 
C) $8,400 
D) $6,900

What are drawbacks to a pure S-curve analysis?

It is possible to measure:

Use the data to calculate the schedule performance index for the project for the end of week 10.All amounts are in thousands of dollars.

In earned value management,schedule variance is defined as:

An excellent way to coordinate schedules with vendors and suppliers is through the use of:

Use the earned value table to determine the estimated cost to completion (to the nearest hundred dollars)given the indicated state of the project.

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

The classic project S-curve is a plot of:

What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?

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

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

The project control cycle begins with ________.

Measurement mechanisms should include a clear definition of:

One strength of S-curve analysis is that it provides real-time tracking information.

Earned value management at the portfolio level requires:

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

Since a project may get ahead of or fall behind schedule,a calendar date cannot be a milestone.

Inspired by his trip to Greece,the gentleman farmer decided he needed a Mykonos-style windmill pumping a pond for his sheep and orchard.His earned value table for the project appears below.At the end of June,what was the estimated time to completion and the estimated cumulative cost to completion?

What is a tracking Gantt chart and what are the benefits and drawbacks of its use?

Use the earned value table (all amounts indicated are dollars)to determine the earned value to the nearest hundred dollars given the indicated state of the project.

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

What are drawbacks to a pure S-curve analysis?

It is possible to measure:

Use the data to calculate the schedule performance index for the project for the end of week 10.All amounts are in thousands of dollars.

In earned value management,schedule variance is defined as:

An excellent way to coordinate schedules with vendors and suppliers is through the use of:

Use the earned value table to determine the estimated cost to completion (to the nearest hundred dollars)given the indicated state of the project.

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

The classic project S-curve is a plot of:

What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?

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

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

The project control cycle begins with ________.

Measurement mechanisms should include a clear definition of:

One strength of S-curve analysis is that it provides real-time tracking information.

Earned value management at the portfolio level requires:

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

Since a project may get ahead of or fall behind schedule,a calendar date cannot be a milestone.

Inspired by his trip to Greece,the gentleman farmer decided he needed a Mykonos-style windmill pumping a pond for his sheep and orchard.His earned value table for the project appears below.At the end of June,what was the estimated time to completion and the estimated cumulative cost to completion?

What is a tracking Gantt chart and what are the benefits and drawbacks of its use?

Use the earned value table (all amounts indicated are dollars)to determine the earned value to the nearest hundred dollars given the indicated state of the project.

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