Exam 13: Progress and Performance Measurement and Evaluation

Although it is very difficult to measure,measuring technical performance is as important as measuring schedule and cost performance.

Progress and performance can be measured quantitatively as well as qualitatively.

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

The indicator that tells you the planned time-phased value of the work that is scheduled is the _______________.

A project manager notices that $1,000 worth of work that was scheduled to be completed at this time has not been accomplished.They know this by looking at the

Because of their easy-to-understand visual format,tracking Gantt charts are the most favored,used,and understandable option for reporting project status.

Baseline project budgets are derived from time-phasing the work ________.

The _________ index measures the project percent complete in relation to the resources that were budgeted.

Jim receives the following information on his project: PV = 1000,EV = 1200,AC = 800,BAC = 2000,EAC = 1333.How is the project doing in terms of schedule?

Identify the steps in creating a control process that measures and evaluates project performance.

Conditions or scope can change,which,in turn,will require a change to the __________ plan to recognize the new information.

In reviewing the budget report of a project,you notice that spending on the project is running about 10 percent over plan.Is the project in trouble? Why or why not?

A project control system allows for comparing actual performance against plan to identify deviations;however,the system doesn't impact the quality of communication between stakeholders.

A project manager would be glad to see a TCPI of 1.07.

When someone familiar with each task estimates what percent of the task has been completed or how much of the task remains,they are creating a method for assigning costs to the baseline called the ____________ rule.

Sally receives the following information on her project: PV = 100,AC = 75,EV = 100.How well is the project doing in terms of budget?

Which of the following methods will measure the cost efficiency of the work accomplished to date?

Given that the AC = 300,PV = 400 and EV = 500,this project is _________ budget.

The earned value system starts with the time-phased costs that provide the project baseline,which is called the

A "rubber baseline" occurs when,in an effort to disguise poor performance,the baseline changes to constantly match results.