Question 1

Rachel notices that the current EV for her project is higher than both the PV and the AC.Rachel has reason to be concerned.

Accepted Answer

A) True 
 B)False

Question 2

The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the

Accepted Answer

A) PCIC. 
B) VAC. 
C) CPI. 
D) SPI. 
E) TCPI. 
A) PCIC. 
B) VAC. 
C) CPI. 
D) SPI. 
E) TCPI.

Question 3

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

Accepted Answer

Control
Explanation: Control holds peopl

Question 4

Which of the following is NOT true regarding scope creep?

Accepted Answer

A) It commonly occurs late in projects. 
B) It is frequently unnoticed until time delays or cost overruns are observed. 
C) It wears down team motivation and cohesiveness. 
D) Project suppliers resent frequent changes. 
E) Scope changes can represent significant opportunity. 
A) It commonly occurs late in projects. 
B) It is frequently unnoticed until time delays or cost overruns are observed. 
C) It wears down team motivation and cohesiveness. 
D) Project suppliers resent frequent changes. 
E) Scope changes can represent significant opportunity.

Question 5

Identify and describe two methods for tracking and trending schedule performance.

Accepted Answer

The only accurate method for determining

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

planned value
Explan

Question 8

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

Accepted Answer

under
Explanation: The cost va

Question 9

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?

Accepted Answer

A) More work has been done than planned 
B) Less work has been done than planned 
C) The same amount of work has been done than planned 
D) The project has cost less than planned 
E) There is not enough information to draw a conclusion 
A) More work has been done than planned 
B) Less work has been done than planned 
C) The same amount of work has been done than planned 
D) The project has cost less than planned 
E) There is not enough information to draw a conclusion

Question 10

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

Accepted Answer

A) EV. 
B) TCPI. 
C) SV. 
D) PCIB. 
E) EAC. 
A) EV. 
B) TCPI. 
C) SV. 
D) PCIB. 
E) EAC.

Question 11

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.

Accepted Answer

A) True 
 B)False

Question 12

The best method for assigning costs to the baseline under the 50/50 rule is to establish frequent checkpoints over the duration of the work package and assign completion percentages in dollar terms.

Accepted Answer

A) True 
 B)False

Question 13

A Cost/Schedule graph can be interpreted using ___________ and __________ for its axis.

Accepted Answer

A) Earned Value; Schedule 
B) Dates; Actual Cost 
C) Baseline; Deadline 
D) Dollar Amounts; Schedule 
A) Earned Value; Schedule 
B) Dates; Actual Cost 
C) Baseline; Deadline 
D) Dollar Amounts; Schedule

Question 14

A Control Chart can be used to estimate schedule trends.

Accepted Answer

A) True 
 B)False

Question 15

The earned value of a project is the

Accepted Answer

A) Project cost to date adjusted for project scope changes. 
B) Total project cost to date. 
C) Cost incurred minus the planned cost. 
D) Percent of the original budget that has been earned by actual work. 
E) The planned time-phased baseline of the value of work scheduled. 
A) Project cost to date adjusted for project scope changes. 
B) Total project cost to date. 
C) Cost incurred minus the planned cost. 
D) Percent of the original budget that has been earned by actual work. 
E) The planned time-phased baseline of the value of work scheduled.

Question 16

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

Accepted Answer

A) Planned budgeted value of work scheduled. 
B) Planned budgeted value of work completed. 
C) Earned value of work scheduled. 
D) Scheduled value of work scheduled. 
E) Scheduled value of work completed. 
A) Planned budgeted value of work scheduled. 
B) Planned budgeted value of work completed. 
C) Earned value of work scheduled. 
D) Scheduled value of work scheduled. 
E) Scheduled value of work completed.

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

A project manager learns that her project has an EV of 1200, AC of 1100 and PV of 1000.What can the project manager report regarding this project?

Accepted Answer

The project has a position CV of $100.Th

Question 20

The final step in the project control process for measuring and evaluating project performance is to take appropriate ________.

Accepted Answer

action
Explanation: The final step in th

Rachel notices that the current EV for her project is higher than both the PV and the AC.Rachel has reason to be concerned.

The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the

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

Which of the following is NOT true regarding scope creep?

Identify and describe two methods for tracking and trending schedule performance.

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

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

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

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?

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

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.

The best method for assigning costs to the baseline under the 50/50 rule is to establish frequent checkpoints over the duration of the work package and assign completion percentages in dollar terms.

A Cost/Schedule graph can be interpreted using _ and for its axis.

A Control Chart can be used to estimate schedule trends.

The earned value of a project is the

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

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

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

A project manager learns that her project has an EV of 1200, AC of 1100 and PV of 1000.What can the project manager report regarding this project?

The final step in the project control process for measuring and evaluating project performance is to take appropriate ________.

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

Being an Effective Project Manager

Managing Project Team

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

An Introduction to Agile Project Management

Filters

Exam 13: Progress and Performance Measurement and Evaluation

Rachel notices that the current EV for her project is higher than both the PV and the AC.Rachel has reason to be concerned.

The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the

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

Which of the following is NOT true regarding scope creep?

Identify and describe two methods for tracking and trending schedule performance.

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

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

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

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?

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

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.

The best method for assigning costs to the baseline under the 50/50 rule is to establish frequent checkpoints over the duration of the work package and assign completion percentages in dollar terms.

A Cost/Schedule graph can be interpreted using ___________ and __________ for its axis.

A Control Chart can be used to estimate schedule trends.

The earned value of a project is the

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

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

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

A project manager learns that her project has an EV of 1200, AC of 1100 and PV of 1000.What can the project manager report regarding this project?

The final step in the project control process for measuring and evaluating project performance is to take appropriate ________.

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

Being an Effective Project Manager

Managing Project Team

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

An Introduction to Agile Project Management

Filters

A Cost/Schedule graph can be interpreted using _ and for its axis.