Question 1

The concept of earned value (EV) is particularly applicable to Agile projects.

Accepted Answer

A) True 
 B)False

Question 2

One way of linking planning and control is to monitor project progress on a Gantt chart.

Accepted Answer

A) True 
 B)False

Question 3

Physical asset control is concerned with the accounting system and the use of funds for the project.

Accepted Answer

A) True 
 B)False

Question 4

With Agile approaches, project scope is assumed to be variable as change is a welcome opportunity to incorporate new information and customer feedback to further enhance the value proposition of the product being developed.

Accepted Answer

A) True 
 B)False

Question 5

An important use of data analysis is to identify who to properly blame for poor project performance.

Accepted Answer

A) True 
 B)False

Question 6

The cost/spending variance is calculated as…

Accepted Answer

A)  AC - EV 
B)  EV - PV 
C)  PV - EV 
D)  AC - PV 
E)  EV - AC 
A)  AC - EV 
B)  EV - PV 
C)  PV - EV 
D)  AC - PV 
E)  EV - AC

Question 7

Only senior scrum team members participate in the sprint review in order to keep the evaluation on track.

Accepted Answer

A) True 
 B)False

Question 8

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,2Calculate the cost performance index from the given scenario.

Accepted Answer

A)  0.55 
B)  0.75 
C)  0.33 
D)  0.66 
E)  0.25 
A)  0.55 
B)  0.75 
C)  0.33 
D)  0.66 
E)  0.25

Question 9

The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…

Accepted Answer

A)  scope creep 
B)  projectitis 
C)  multitasking 
D)  dynamic scoping 
E)  unfreezing 
A)  scope creep 
B)  projectitis 
C)  multitasking 
D)  dynamic scoping 
E)  unfreezing

Question 10

Earned value is a measure for overall project progress in terms of performance, budget and schedule.

Accepted Answer

A) True 
 B)False

Question 11

David, an architect, is in charge of executing a housing project. He appoints Charles to collect, record, and report all the necessary information to David and other relevant stakeholders. In this scenario, Charles will be engaged in _____ the project.

Accepted Answer

A)  scoping 
B)  monitoring 
C)  planning 
D)  controlling 
E)  scheduling 
A)  scoping 
B)  monitoring 
C)  planning 
D)  controlling 
E)  scheduling

Question 12

The most important use of data gathered from monitoring is learning from mistakes.

Accepted Answer

A) True 
 B)False

Question 13

The purpose of control is to ensure that all interested parties have the information they need.

Accepted Answer

A) True 
 B)False

Question 14

Control systems that make use of all five components of project control are called cybernetic control systems.

Accepted Answer

A) True 
 B)False

Question 15

_____ reports are primarily intended for special decisions or unexpected situations in which affected team members and outside managers need to be made aware of a change, and the change itself needs to be documented.

Accepted Answer

A)  Routine 
B)  Exception 
C)  Special 
D)  Emergency 
E)  Go/no-go 
A)  Routine 
B)  Exception 
C)  Special 
D)  Emergency 
E)  Go/no-go

Question 16

Statistical quality control techniques can be helpful for determining what size variances are significant.

Accepted Answer

A) True 
 B)False

Question 17

Everyone associated with the project should receive the same information.

Accepted Answer

A) True 
 B)False

Question 18

In Agile, average velocity can be used to assess the progress to date and to estimate the amount of time required to complete the remaining product backlog items.

Accepted Answer

A) True 
 B)False

Question 19

An overload of reporting is just as dangerous as underreporting.

Accepted Answer

A) True 
 B)False

Question 20

Control should not be used at the detailed work level in order to avoid stifling innovation.

Accepted Answer

A) True 
 B)False

The concept of earned value (EV) is particularly applicable to Agile projects.

One way of linking planning and control is to monitor project progress on a Gantt chart.

Physical asset control is concerned with the accounting system and the use of funds for the project.

With Agile approaches, project scope is assumed to be variable as change is a welcome opportunity to incorporate new information and customer feedback to further enhance the value proposition of the product being developed.

An important use of data analysis is to identify who to properly blame for poor project performance.

The cost/spending variance is calculated as…

Only senior scrum team members participate in the sprint review in order to keep the evaluation on track.

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,2Calculate the cost performance index from the given scenario.

The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…

Earned value is a measure for overall project progress in terms of performance, budget and schedule.

David, an architect, is in charge of executing a housing project. He appoints Charles to collect, record, and report all the necessary information to David and other relevant stakeholders. In this scenario, Charles will be engaged in _____ the project.

The most important use of data gathered from monitoring is learning from mistakes.

The purpose of control is to ensure that all interested parties have the information they need.

Control systems that make use of all five components of project control are called cybernetic control systems.

_____ reports are primarily intended for special decisions or unexpected situations in which affected team members and outside managers need to be made aware of a change, and the change itself needs to be documented.

Statistical quality control techniques can be helpful for determining what size variances are significant.

Everyone associated with the project should receive the same information.

In Agile, average velocity can be used to assess the progress to date and to estimate the amount of time required to complete the remaining product backlog items.

An overload of reporting is just as dangerous as underreporting.

Control should not be used at the detailed work level in order to avoid stifling innovation.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Evaluating and Terminating the Project

Filters

Exam 7: Monitoring and Controlling the Project

The concept of earned value (EV) is particularly applicable to Agile projects.

One way of linking planning and control is to monitor project progress on a Gantt chart.

Physical asset control is concerned with the accounting system and the use of funds for the project.

With Agile approaches, project scope is assumed to be variable as change is a welcome opportunity to incorporate new information and customer feedback to further enhance the value proposition of the product being developed.

An important use of data analysis is to identify who to properly blame for poor project performance.

The cost/spending variance is calculated as…

Only senior scrum team members participate in the sprint review in order to keep the evaluation on track.

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,2Calculate the cost performance index from the given scenario.

The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…

Earned value is a measure for overall project progress in terms of performance, budget and schedule.

David, an architect, is in charge of executing a housing project. He appoints Charles to collect, record, and report all the necessary information to David and other relevant stakeholders. In this scenario, Charles will be engaged in _____ the project.

The most important use of data gathered from monitoring is learning from mistakes.

The purpose of control is to ensure that all interested parties have the information they need.

Control systems that make use of all five components of project control are called cybernetic control systems.

_____ reports are primarily intended for special decisions or unexpected situations in which affected team members and outside managers need to be made aware of a change, and the change itself needs to be documented.

Statistical quality control techniques can be helpful for determining what size variances are significant.

Everyone associated with the project should receive the same information.

In Agile, average velocity can be used to assess the progress to date and to estimate the amount of time required to complete the remaining product backlog items.

An overload of reporting is just as dangerous as underreporting.

Control should not be used at the detailed work level in order to avoid stifling innovation.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Evaluating and Terminating the Project

Filters