Question 1

Gap analysis refers to any measurement process that first determines the goals and then the degree to which the actual performance lives up to those goals.

Accepted Answer

A) True 
 B)False

Question 2

In earned value management analysis,the cumulative amount of the budget becomes the:

Accepted Answer

A) planned value. 
B) scheduled value. 
C) cost basis. 
D) cost driver. 
A) planned value. 
B) scheduled value. 
C) cost basis. 
D) cost driver.

Question 3

Of the three classic metrics of project performance,project S-curve analysis and Gantt charts both consider ________.

Accepted Answer

The answer of Of the three classic metrics of project...

Question 4

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 5

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

Accepted Answer

cost,perfo

Question 6

What is earned value management and how can it be used to monitor project status?

Accepted Answer

Earned Value Management (EVM)is a projec

Question 7

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

Accepted Answer

tracking G

Question 8

If significant deviations from the project plan are detected,corrective action is taken and then:

Accepted Answer

A) the monitoring and control cycle begins anew. 
B) project goals are adjusted to reflect current reality. 
C) the project stakeholders are informed of the budget or time difficulties. 
D) the critical chain is reviewed for task dependency. 
A) the monitoring and control cycle begins anew. 
B) project goals are adjusted to reflect current reality. 
C) the project stakeholders are informed of the budget or time difficulties. 
D) the critical chain is reviewed for task dependency.

Question 9

One of these things is NOT like the others (that happen to directly predict project success).The one that's different is:

Accepted Answer

A) lack of budgetary pressure. 
B) adequacy of project structure and control. 
C) project coordination and relations among stakeholders. 
D) the tenure of the project manager. 
A) lack of budgetary pressure. 
B) adequacy of project structure and control. 
C) project coordination and relations among stakeholders. 
D) the tenure of the project manager.

Question 10

A project manager that uses milestones as a project control device is using a:

Accepted Answer

A) proactive control system. 
B) predictive control system. 
C) feedback control system. 
D) reactive control system. 
A) proactive control system. 
B) predictive control system. 
C) feedback control system. 
D) reactive control system.

Question 11

Earned value directly links all three primary project success metrics (cost,schedule,and customer satisfaction).

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) 14.2 days 
B) 15.0 days 
C) 18.4 days 
D) 16.8 days 
A) 14.2 days 
B) 15.0 days 
C) 18.4 days 
D) 16.8 days

Question 13

The earned value divided by the actual,cumulative cost of the work to date is the:

Accepted Answer

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

Question 14

Use the earned value table for Project Terrace to determine the earned value (all dollar amounts are in hundreds).

Accepted Answer

A) $325 
B) $7600 
C) $4800 
D) $3250 
A) $325 
B) $7600 
C) $4800 
D) $3250

Question 15

Earned value management is also known as:

Accepted Answer

A) the golden triangle method (GTM). 
B) the achieved value method (AVM). 
C) the program evaluation and review method (PERM). 
D) earned value analysis (EV
A) . 
A) the golden triangle method (GTM). 
B) the achieved value method (AVM). 
C) the program evaluation and review method (PERM). 
D) earned value analysis (EV
A) .

Question 16

Use the data to calculate the schedule performance index for the project for the end of week 20.All amounts are in thousands of dollars.

Accepted Answer

A) 1.14 
B) 0.88 
C) 0.94 
D) 0.81 
A) 1.14 
B) 0.88 
C) 0.94 
D) 0.81

Question 17

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.

Gap analysis refers to any measurement process that first determines the goals and then the degree to which the actual performance lives up to those goals.

In earned value management analysis,the cumulative amount of the budget becomes the:

Of the three classic metrics of project performance,project S-curve analysis and Gantt charts both consider ________.

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

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

What is earned value management and how can it be used to monitor project status?

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

If significant deviations from the project plan are detected,corrective action is taken and then:

One of these things is NOT like the others (that happen to directly predict project success).The one that's different is:

A project manager that uses milestones as a project control device is using a:

Earned value directly links all three primary project success metrics (cost,schedule,and customer satisfaction).

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

The earned value divided by the actual,cumulative cost of the work to date is the:

Use the earned value table for Project Terrace to determine the earned value (all dollar amounts are in hundreds).

Earned value management is also known as:

Use the data to calculate the schedule performance index for the project for the end of week 20.All amounts are in thousands of dollars.

The budget variance is calculated as:

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

Gap analysis refers to any measurement process that first determines the goals and then the degree to which the actual performance lives up to those goals.

In earned value management analysis,the cumulative amount of the budget becomes the:

Of the three classic metrics of project performance,project S-curve analysis and Gantt charts both consider ________.

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

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

What is earned value management and how can it be used to monitor project status?

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

If significant deviations from the project plan are detected,corrective action is taken and then:

One of these things is NOT like the others (that happen to directly predict project success).The one that's different is:

A project manager that uses milestones as a project control device is using a:

Earned value directly links all three primary project success metrics (cost,schedule,and customer satisfaction).

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

The earned value divided by the actual,cumulative cost of the work to date is the:

Use the earned value table for Project Terrace to determine the earned value (all dollar amounts are in hundreds).

Earned value management is also known as:

Use the data to calculate the schedule performance index for the project for the end of week 20.All amounts are in thousands of dollars.

The budget variance is calculated as:

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 .