Question 1

Which of the following methods will measure the cost efficiency of the work accomplished to date?

Accepted Answer

A)  SV / CV 
B)  EV / PV 
C)  EV / AC 
D)  AC / SV 
E)  AC / CV 
A)  SV / CV 
B)  EV / PV 
C)  EV / AC 
D)  AC / SV 
E)  AC / CV C

Question 2

Which of the following is NOT true regarding scope creep?

Accepted Answer

A)  It commonly occurs late in projects. 
B)  It is frequently unnoticed until time delays or cost overruns are observed. 
C)  It wears down team motivation and cohesiveness. 
D)  Project suppliers resent frequent changes. 
E)  Scope changes can represent significant opportunity. 
A)  It commonly occurs late in projects. 
B)  It is frequently unnoticed until time delays or cost overruns are observed. 
C)  It wears down team motivation and cohesiveness. 
D)  Project suppliers resent frequent changes. 
E)  Scope changes can represent significant opportunity. A

Question 3

The first step in the project control process for measuring and evaluating project performance is to

Accepted Answer

A)  set a baseline plan. 
B)  determine the project objectives. 
C)  determine the project deliverables. 
D)  analyze the project budget. 
E)  review the project priority matrix. 
A)  set a baseline plan. 
B)  determine the project objectives. 
C)  determine the project deliverables. 
D)  analyze the project budget. 
E)  review the project priority matrix. A

Question 4

________ is simply the percent complete times the original budget.

Accepted Answer

A)  Actual cost 
B)  Earned value 
C)  Cost Performance Index 
D)  Schedule Performance Index 
E)  Budget at Completion 
A)  Actual cost 
B)  Earned value 
C)  Cost Performance Index 
D)  Schedule Performance Index 
E)  Budget at Completion

Question 5

All projects need some form of formal control. Agree or disagree? Support you answer.

Accepted Answer

Control by "wandering around" and / or "

Question 6

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

Accepted Answer

A)  baseline 
B)  control 
C)  variance 
D)  tracking 
E)  simple 
A)  baseline 
B)  control 
C)  variance 
D)  tracking 
E)  simple

Question 7

A reason that the duration on a task may differ from an original duration on a tracking Gantt chart could be

Accepted Answer

A)  an expected delay. 
B)  new information on the task. 
C)  the task has been cancelled. 
D)  a new budget cycle. 
E)  an unexpected delay. 
A)  an expected delay. 
B)  new information on the task. 
C)  the task has been cancelled. 
D)  a new budget cycle. 
E)  an unexpected delay.

Question 8

A CPI index of 1.18 indicates that the project is currently ________ schedule.

Accepted Answer

A)  ahead of 
B)  behind 
C)  over 
D)  under 
E)  cannot be determined. 
A)  ahead of 
B)  behind 
C)  over 
D)  under 
E)  cannot be determined.

Question 9

Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.

Accepted Answer

A)  procurement 
B)  technical 
C)  stakeholder 
D)  human resources 
E)  risk 
A)  procurement 
B)  technical 
C)  stakeholder 
D)  human resources 
E)  risk

Question 10

The final step in the project control process for measuring and evaluating project performance is to

Accepted Answer

A)  take appropriate action. 
B)  prepare a report to top management. 
C)  follow up on corrective action. 
D)  measure progress and performance. 
E)  review spending with team members. 
A)  take appropriate action. 
B)  prepare a report to top management. 
C)  follow up on corrective action. 
D)  measure progress and performance. 
E)  review spending with team members.

Question 11

Because of their easy-to-understand visual format, ________ charts are the most favored, used, and understandable tool used to report project schedule status.

Accepted Answer

A)  Network 
B)  Work breakdown structure 
C)  Gantt 
D)  Burndown 
E)  Cost / schedule 
A)  Network 
B)  Work breakdown structure 
C)  Gantt 
D)  Burndown 
E)  Cost / schedule

Question 12

The only accurate method for determining the true time progress of the project is to compare the project network schedule against the actual network schedule to measure if the project is on time.

Accepted Answer

A) True 
 B)False

Question 13

Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.

Accepted Answer

A) True 
 B)False

Question 14

The PV, AC and CV are all required to assess the current status of the project.

Accepted Answer

A) True 
 B)False

Question 15

The ________ variance is the difference between the earned value to date and the baseline schedule.

Accepted Answer

A)  schedule 
B)  cost 
C)  budget 
D)  time 
E)  performance 
A)  schedule 
B)  cost 
C)  budget 
D)  time 
E)  performance

Question 16

The ________ rule assumes credit is earned for having performed the work once it is completed. This rule is usually used for work packages having very short durations.

Accepted Answer

A)  one-to-ten 
B)  one-to-one 
C)  50 / 100 
D)  0 / 100 
E)  50 / 50 
A)  one-to-ten 
B)  one-to-one 
C)  50 / 100 
D)  0 / 100 
E)  50 / 50

Question 17

Given that the AC = 500, PV = 400 and EV = 300, this project is currently _________ budget and ______ schedule.

Accepted Answer

A)  under, ahead of 
B)  under, behind 
C)  over, behind 
D)  over, ahead of 
E)  on, on 
A)  under, ahead of 
B)  under, behind 
C)  over, behind 
D)  over, ahead of 
E)  on, on

Question 18

The indicator that tells you the amount each remaining dollar must earn for the project to stay within budget is the

Accepted Answer

A)  PCIC. 
B)  VAC. 
C)  CPI. 
D)  SPI. 
E)  TCPI. 
A)  PCIC. 
B)  VAC. 
C)  CPI. 
D)  SPI. 
E)  TCPI.

Question 19

Baseline project budgets are derived from time-phasing the work ________.

Accepted Answer

A)  products 
B)  milestones 
C)  packages 
D)  modules 
E)  resources 
A)  products 
B)  milestones 
C)  packages 
D)  modules 
E)  resources

Question 20

The value that tells you the planned value of work that has actually been completed is the

Accepted Answer

A)  SV. 
B)  PV. 
C)  EV. 
D)  AC. 
E)  CV. 
A)  SV. 
B)  PV. 
C)  EV. 
D)  AC. 
E)  CV.

Which of the following methods will measure the cost efficiency of the work accomplished to date?

Which of the following is NOT true regarding scope creep?

The first step in the project control process for measuring and evaluating project performance is to

________ is simply the percent complete times the original budget.

All projects need some form of formal control. Agree or disagree? Support you answer.

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

A reason that the duration on a task may differ from an original duration on a tracking Gantt chart could be

A CPI index of 1.18 indicates that the project is currently ________ schedule.

Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.

The final step in the project control process for measuring and evaluating project performance is to

Because of their easy-to-understand visual format, ________ charts are the most favored, used, and understandable tool used to report project schedule status.

The only accurate method for determining the true time progress of the project is to compare the project network schedule against the actual network schedule to measure if the project is on time.

Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.

The PV, AC and CV are all required to assess the current status of the project.

The ________ variance is the difference between the earned value to date and the baseline schedule.

The ________ rule assumes credit is earned for having performed the work once it is completed. This rule is usually used for work packages having very short durations.

Given that the AC = 500, PV = 400 and EV = 300, this project is currently ___ budget and schedule.

The indicator that tells you the amount each remaining dollar must earn for the project to stay within budget is the

Baseline project budgets are derived from time-phasing the work ________.

The value that tells you the planned value of work that has actually been completed is the

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Schedule

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

Agile Project Management

International Projects

Filters

Exam 13: Progress and Performance Measurement and Evaluation

Which of the following methods will measure the cost efficiency of the work accomplished to date?

Which of the following is NOT true regarding scope creep?

The first step in the project control process for measuring and evaluating project performance is to

________ is simply the percent complete times the original budget.

All projects need some form of formal control. Agree or disagree? Support you answer.

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

A reason that the duration on a task may differ from an original duration on a tracking Gantt chart could be

A CPI index of 1.18 indicates that the project is currently ________ schedule.

Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.

The final step in the project control process for measuring and evaluating project performance is to

Because of their easy-to-understand visual format, ________ charts are the most favored, used, and understandable tool used to report project schedule status.

The only accurate method for determining the true time progress of the project is to compare the project network schedule against the actual network schedule to measure if the project is on time.

Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.

The PV, AC and CV are all required to assess the current status of the project.

The ________ variance is the difference between the earned value to date and the baseline schedule.

The ________ rule assumes credit is earned for having performed the work once it is completed. This rule is usually used for work packages having very short durations.

Given that the AC = 500, PV = 400 and EV = 300, this project is currently _________ budget and ______ schedule.

The indicator that tells you the amount each remaining dollar must earn for the project to stay within budget is the

Baseline project budgets are derived from time-phasing the work ________.

The value that tells you the planned value of work that has actually been completed is the

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Schedule

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

Agile Project Management

International Projects

Filters

Given that the AC = 500, PV = 400 and EV = 300, this project is currently ___ budget and schedule.