Exam 13: Project Evaluation and Control

The budget variance is calculated as:

The project control cycle is continuous.

The classic project S-curve is a plot of:

Define human factors and discuss their impact on project success?

Earned value management is also known as:

How does a tracking Gantt chart's appearance differ from a standard Gantt chart?

What are the inputs and the steps in applying earned value management as a project management tool?

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. Develop a plot that shows the project baseline and earned value through June and comment on the project.

In the build-up stage of a successful project, it is important that:

Once an activity is begun, it is assumed to be half done under the:

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

If an activity's progress is defined as 0% until the activity is complete, the project manager is using:

Use the earned value table for Project Makeready to determine the schedule variance.

The Project Implementation Profile includes this critical success factor.

The one factor that earned value management considers that an S-curve does not include is performance.

Milestones are generally considered to be:

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 the formation stage, failed projects are more likely to have:

Earned value management at the portfolio level requires:

Project goal setting includes setting a baseline plan, which is predicated on: