Exam 13: Progress and Performance Measurement and Evaluation

The first step in the project control process of the measurement and evaluation of project performance is to

Typically, project progress reports are designed and communicated in written or oral form.Identify the common topic format for such progress reports.

The schedule variance for a project is calculated by:

Adequate project controls have the advantage(s) of:

Control charts are frequently used to monitor progress toward ________, which mark events and as such have zero duration.

Identify the four indexes used in project management control and identify the formulas for calculating the indexes.

A CPI index of 0.97 indicates that the project has spent less money than budgeted.

Scope creep affects:

Generally the method for measuring accomplishments centers on comparing

The cost variance for a project is calculated by:

he earned value of a project is the:

Which of the following will calculate the To Complete Performance Index?

Overhead costs and profit are typically included in the project baseline.

What is scope creep and why should a project manager be concerned about it?

________ holds people accountable, prevents small problems from mushrooming into large problems, and keeps focus.

A positive variance in SV or CV indicates a ________ condition.

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

Baseline costs typically include labor, equipment, materials and direct overhead cost.

The best method for assigning costs to the baseline under this rule is to establish frequent checkpoints over the duration of the work package and assign completion percentages in dollar terms.

In calculating schedule variance and cost variance, a negative variance indicates a desirable condition, and a positive variance suggests problems.