Question 1

In earned value analysis…

Accepted Answer

A)  it is desirable to have negative variances for both schedule and spending. 
B)  it is desirable to have positive variances for both schedule and spending. 
C)  the schedule variance should be positive and the spending variance negative. 
D)  the schedule variance should be negative and the spending variance positive. 
E)  ideally both variances would equal zero. 
A)  it is desirable to have negative variances for both schedule and spending. 
B)  it is desirable to have positive variances for both schedule and spending. 
C)  the schedule variance should be positive and the spending variance negative. 
D)  the schedule variance should be negative and the spending variance positive. 
E)  ideally both variances would equal zero.

Question 2

The following components are required for project control except;

Accepted Answer

A)  Sensor 
B)  Comparator 
C)  Decision maker 
D)  Standard 
E)  Regulator 
A)  Sensor 
B)  Comparator 
C)  Decision maker 
D)  Standard 
E)  Regulator

Question 3

Weekly progress report meetings should be rarely held.

Accepted Answer

A) True 
 B)False

Question 4

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 5

In order to manage for overall project success, control must be exercised at the detailed work level for each aspect of project performance.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not a primary mechanism by which the PM exerts control?

Accepted Answer

A)  reviews 
B)  personnel assignments 
C)  audit reports 
D)  resource allocation 
E)  all of the above are mechanisms by which the PM exerts control 
A)  reviews 
B)  personnel assignments 
C)  audit reports 
D)  resource allocation 
E)  all of the above are mechanisms by which the PM exerts control

Question 7

Raw numbers represent a simple tally of the occurrence of an event.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not true regarding meetings?

Accepted Answer

A)  A written agenda should be distributed in advance of the meeting. 
B)  The agenda should announce pre-set starting and stopping times. 
C)  It is appropriate to be flexible and extend a meeting's stopping time if issues come up that were not on the agenda. 
D)  Don't penalize those who show up on time by making them wait for those who are late. 
E)  All of the above are true. 
A)  A written agenda should be distributed in advance of the meeting. 
B)  The agenda should announce pre-set starting and stopping times. 
C)  It is appropriate to be flexible and extend a meeting's stopping time if issues come up that were not on the agenda. 
D)  Don't penalize those who show up on time by making them wait for those who are late. 
E)  All of the above are true.

Question 9

What is earned value?

Accepted Answer

The answer of What is earned value?...

Question 10

State the formula for SPI. Explain what SPI means and its relevance to monitoring and controlling a project.

Accepted Answer

The answer of State the formula for SPI. Explain what...

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

Explain how an earned value chart can be used to help monitor and control a project.

Accepted Answer

The answer of Explain how an earned value chart can...

In earned value analysis…

The following components are required for project control except;

Weekly progress report meetings should be rarely held.

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…

In order to manage for overall project success, control must be exercised at the detailed work level for each aspect of project performance.

Which of the following is not a primary mechanism by which the PM exerts control?

Raw numbers represent a simple tally of the occurrence of an event.

Which of the following is not true regarding meetings?

What is earned value?

State the formula for SPI. Explain what SPI means and its relevance to monitoring and controlling a project.

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

Explain how an earned value chart can be used to help monitor and control a project.

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

In earned value analysis…

The following components are required for project control except;

Weekly progress report meetings should be rarely held.

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…

In order to manage for overall project success, control must be exercised at the detailed work level for each aspect of project performance.

Which of the following is not a primary mechanism by which the PM exerts control?

Raw numbers represent a simple tally of the occurrence of an event.

Which of the following is not true regarding meetings?

What is earned value?

State the formula for SPI. Explain what SPI means and its relevance to monitoring and controlling a project.

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

Explain how an earned value chart can be used to help monitor and control a project.

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