Exam 14: Determining Project Progress and Results

Your most recent project performance report indicates that your cumulative Schedule Performance Index (SPI)is .85 and your cumulative Cost Performance Index (CPI)is .90.What conclusions can you draw from these performance indices? What actions might you take to address project performance based on these results?

Define integrated change control and briefly explain how it is accomplished in an organization.

In which of the following tools would a normal or bell-shaped curve be expected if no special conditions are occurring?​ 

Control quality is the forward-looking process of using and improving the quality plan and policy to perform tasks that will most likely lead to creating project outputs to customers' satisfaction.

Monitoring and controlling project work refers to the processes of tracking,reviewing and reporting progress to meet the performance objectives defined in the project plan.

Change control is a process wherein change proposals to various project planning elements are:​ 

All of the following accurately describe earned value management EXCEPT:​ 

Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report?(October 31, 20XX) -Consider the project performance report presented in figure 14.1.Your analyst has determined that your estimate to complete (ETC)is $226,000.Based on your performance to date and assuming future performance will proceed at the same level of efficiency as past performance,what is your estimate at completion (EAC)?​ 

Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report?(October 31, 20XX) -Consider the project performance report presented in figure 14.1.What valid conclusion can you draw regarding the project schedule performance as of October 31,20XX?​ 

Describe the three different categories of risk events that occur during the Monitor Risks process,and some of the risk resolution strategies that might be used for each.

Which of the following measures is best suited for determining whether the project is on,ahead or behind schedule?​ 

This is the process of reviewing all change proposals,estimating their impact on project goals wherever appropriate,approving or declining changes,and managing changes to deliverables,schedules,budgets and the project management plan: ​ 

Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report?(October 31, 20XX) -Consider the project performance report presented in figure 14.1.What valid conclusion can you draw regarding the project cost performance as of October 31,20XX?​ 

When using earned value techniques,Actual Cost (AC)refers to the total of costs incurred in accomplishing work on the activity during a given period.

During schedule and cost control,when comparing performance to the schedule and cost baselines,if schedule or budget has changed these changes should be:​ 

Quality control charts are helpful in answering the question "how big of a change is big enough to count?" 

Work to be performed can come from the work package level of the work breakdown structure as well as other sources.Which of these is NOT a source of authorized work to be performed?​ 

Which of these is NOT one of the typical questions that a project manager might ask in order to collect information on executed work and work in progress? 

Some scope changes start as proposed changes to cost or schedule,just as some changes to cost or schedule start as proposed scope changes.

When project managers authorize work,they should empower others to the extent possible,yet control them to the extent necessary.