Exam 13: Progress and Performance Measurement and Evaluation

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The PV,AC and CV are all required to assess the current status of the project.

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Most changes will not result in serious scope changes and should be absorbed as positive or negative variances.

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A ___________ Gantt chart is a simple and effective way to depict progress on a project.

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

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A project monitoring system involves all of the following EXCEPT

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Two project complete indexes are used,depending on your judgment of which one is most representative of your project.Identify both indexes and explain when it is most appropriate to use each.

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The only accurate method for determining the true time progress of the project is to compare the project network schedule against the actual network schedule to measure if the project is on time.

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An SPI index of 1.22 indicates that the project is ________ of schedule.

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

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

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The third step in the project control process for measuring and evaluating project performance is to

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

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The baseline is derived from merging information from the work packages with the project network.

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A CPI or SPI value less than one indicates that the project is

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Which of the following methods of variance analysis is the best indicator of how far off the budget a project will be at completion?

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The first step in creating a project control system for measuring and evaluating project performance is to set a ________.

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

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The ratio that measures the amount of value each remaining dollar in the budget must earn to stay within the budget is the _________.

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Nancy tells her supervisor that as of right now,$1.05 worth of work has been accomplished for each $1 worth of scheduled work.Nancy got this information from viewing the

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

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