Question 1

Interpret the results of calculating the performance indexes based on a range of possible calculated values.

Accepted Answer

If the index is less than one then the c

Question 2

A typical project progress report would contain all of the following sections except:

Accepted Answer

A) Progress since last report 
B) Problems and issues since last report 
C) Current status of project 
D) Corrective action planned 
E) All of these are typical sections 
A) Progress since last report 
B) Problems and issues since last report 
C) Current status of project 
D) Corrective action planned 
E) All of these are typical sections

Question 3

The rule of using subjective estimated percent complete in combination with hard, tangible monitoring points works well on long-duration activities that can be broken into short discrete work packages.

Accepted Answer

A) True 
 B)False

Question 4

Earned value is calculated by taking the percent complete times the original budget.

Accepted Answer

A) True 
 B)False

Question 5

The ________ indexes compare the to-date progress to the end of the project.

Accepted Answer

percent complete
Explanation: Two projec

Question 6

CPI and SPI are two types of indexes that measure ________.

Accepted Answer

performance efficiency
Explanation: Ther

Question 7

The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?

Accepted Answer

A) EV/BAC 
B) (EV-PV)/BAC 
C) AC/EAC 
D) (EV-A
C) /BAC 
E) (EV-PV)/EAC 
A) EV/BAC 
B) (EV-PV)/BAC 
C) AC/EAC 
D) (EV-A
C) /BAC 
E) (EV-PV)/EAC

Question 8

All scope changes that result in increased costs should be avoided.

Accepted Answer

A) True 
 B)False

Question 9

The ________ is the difference between the earned value and the actual costs for the work completed to date.

Accepted Answer

cost variance
Explanation: Cos

Question 10

A tool used to monitor past project schedule performance, current performance, and to estimate future schedule trends is a simple line chart known as a:

Accepted Answer

A) Project schedule control chart 
B) Gantt chart 
C) PERT chart 
D) Network diagram 
E) Milestone chart 
A) Project schedule control chart 
B) Gantt chart 
C) PERT chart 
D) Network diagram 
E) Milestone chart

Question 11

A typical tool used to communicate project status is a:

Accepted Answer

A) Project network diagram 
B) Gantt Chart 
C) A PERT chart 
D) Both A and B are correct 
E) A, B, and C are all correct 
A) Project network diagram 
B) Gantt Chart 
C) A PERT chart 
D) Both A and B are correct 
E) A, B, and C are all correct

Question 12

What is the difference between a baseline Gantt chart and a Tracking Gantt chart?

Accepted Answer

The baseline chart is created during the

Question 13

An undesirable schedule variance indicates that the project is running behind schedule.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

Accepted Answer

A) BAC, EAC, and ETC 
B) VAC, EAC, and BAC 
C) CV, SU, and BAC 
D) PV, EV, and AC 
E) TCPI, EV, and PV 
A) BAC, EAC, and ETC 
B) VAC, EAC, and BAC 
C) CV, SU, and BAC 
D) PV, EV, and AC 
E) TCPI, EV, and PV

Question 15

Baseline project budgets are derived from:

Accepted Answer

A) The organization's overall budget 
B) Time-phasing the work packages 
C) Top management directions 
D) Both A and C are correct 
E) A, B, and C are all correct 
A) The organization's overall budget 
B) Time-phasing the work packages 
C) Top management directions 
D) Both A and C are correct 
E) A, B, and C are all correct

Question 16

The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?

Accepted Answer

A) EV/BAC 
B) (EV-PV)/BAC 
C) AC/EAC 
D) (EV-A
C) /BAC 
E) (EV-PV)/EAC 
A) EV/BAC 
B) (EV-PV)/BAC 
C) AC/EAC 
D) (EV-A
C) /BAC 
E) (EV-PV)/EAC

Question 17

In a project control chart, four observations trending in one direction indicate there is a very high probability that there is an identifiable cause.

Accepted Answer

A) True 
 B)False

Question 18

Measuring performance against budget is simply a case of comparing actual versus budget.

Accepted Answer

A) True 
 B)False

Question 19

The network chart is the most favored, used, and understandable option for reporting project progress to upper management.

Accepted Answer

A) True 
 B)False

Question 20

Earned value is defined as the budgeted cost of the work performed.

Accepted Answer

A) True 
 B)False

Interpret the results of calculating the performance indexes based on a range of possible calculated values.

A typical project progress report would contain all of the following sections except:

The rule of using subjective estimated percent complete in combination with hard, tangible monitoring points works well on long-duration activities that can be broken into short discrete work packages.

Earned value is calculated by taking the percent complete times the original budget.

The ________ indexes compare the to-date progress to the end of the project.

CPI and SPI are two types of indexes that measure ________.

The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?

All scope changes that result in increased costs should be avoided.

The ________ is the difference between the earned value and the actual costs for the work completed to date.

A tool used to monitor past project schedule performance, current performance, and to estimate future schedule trends is a simple line chart known as a:

A typical tool used to communicate project status is a:

What is the difference between a baseline Gantt chart and a Tracking Gantt chart?

An undesirable schedule variance indicates that the project is running behind schedule.

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

Baseline project budgets are derived from:

The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?

In a project control chart, four observations trending in one direction indicate there is a very high probability that there is an identifiable cause.

Measuring performance against budget is simply a case of comparing actual versus budget.

The network chart is the most favored, used, and understandable option for reporting project progress to upper management.

Earned value is defined as the budgeted cost of the work performed.

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 13: Progress and Performance Measurement and Evaluation

Interpret the results of calculating the performance indexes based on a range of possible calculated values.

A typical project progress report would contain all of the following sections except:

The rule of using subjective estimated percent complete in combination with hard, tangible monitoring points works well on long-duration activities that can be broken into short discrete work packages.

Earned value is calculated by taking the percent complete times the original budget.

The ________ indexes compare the to-date progress to the end of the project.

CPI and SPI are two types of indexes that measure ________.

The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?

All scope changes that result in increased costs should be avoided.

The ________ is the difference between the earned value and the actual costs for the work completed to date.

A tool used to monitor past project schedule performance, current performance, and to estimate future schedule trends is a simple line chart known as a:

A typical tool used to communicate project status is a:

What is the difference between a baseline Gantt chart and a Tracking Gantt chart?

An undesirable schedule variance indicates that the project is running behind schedule.

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

Baseline project budgets are derived from:

The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?

In a project control chart, four observations trending in one direction indicate there is a very high probability that there is an identifiable cause.

Measuring performance against budget is simply a case of comparing actual versus budget.

The network chart is the most favored, used, and understandable option for reporting project progress to upper management.

Earned value is defined as the budgeted cost of the work performed.

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters