Exam 9: Resources, Costing, and Control

Which of the following uses "work in progress" to indicate the future of a project?

Schedule variance is planned value minus earned value.

Planned value,actual cost,and break-even analysis are three variables used extensively in organizations to calculate variances.

The costs of materials that are entirely linked to the production of the final product defines

Identify five metrics for monitoring project cost and schedule.

Identifying new risks is associated with monitoring and controlling a project.

Quantifiable costs related to an identifiable resource or asset best defines

Which of the following illustrates whether and how much the project will be over budget or under budget at completion?

Corrective actions and preventive measures can bring a project back into compliance with the project management plan.

Which of the following compares schedule deviations only and does not take cost into account?

If the SPI is .5,then the project is ahead of schedule.

Cost is one of the major factors in a project's success.

Which of the following provides a unified approach to initiate all activities of a project and the necessary information for work to begin?

Which of the following is an estimate made without detailed knowledge of a project?

Creating a smoother distribution of resource usage is the purpose of

Costs that are constant regardless of changes in the level of project activities best defines

Identify and define five types of project costs.

Which of the following focuses on identifying the factors that influence proposed changes to a project,evaluating these influences,and managing the changes in real time during project implementation?

Which of the following prepares a detailed estimate from well-developed plans and real quotes?

Resource leveling extends the project time and aims to minimize the period-by-period variations in resource loading by shifting tasks within their slack allowances.