Question 1

What is Planned Value PV)?

Accepted Answer

Planned Value PV)is the planne

Question 2

The cost incurred for completing a scheduled task or WBS component is the

Accepted Answer

A) Planned Value PV 
B) Budget At Completion BAC 
C) Actual Cost AC 
D) Expected Time Complete ETC 
E) Estimate at Completion EAC 
A) Planned Value PV 
B) Budget At Completion BAC 
C) Actual Cost AC 
D) Expected Time Complete ETC 
E) Estimate at Completion EAC

Question 3

In Project Communications Management,ensuring that clear,consistent,and timely communication satisfies the information needs and that project stakeholder issues are resolved is _____.

Accepted Answer

A) identify stakeholders 
B) plan communications 
C) distribute information 
D) manage stakeholder expectations 
E) report performance 
A) identify stakeholders 
B) plan communications 
C) distribute information 
D) manage stakeholder expectations 
E) report performance

Question 4

The Schedule Performance Index SPI)for our project is greater than one 1)and so we would anticipate that all other things being equal,our project will finish ahead of schedule.

Accepted Answer

A) True 
 B)False

Question 5

A cost variance CV)can be positive or negative,but never zero.

Accepted Answer

A) True 
 B)False

Question 6

Barring a change in project scope and given a Schedule Performance Index SPI)that is greater than 1,the most reasonable inference to draw is that:

Accepted Answer

A) The project will likely finish earlier than planned. 
B) The project will likely finish later than planned. 
C) The project will likely cost more than planned. 
D) The project will likely cost less than planned. 
E) The project will likely be on time and on budget. 
A) The project will likely finish earlier than planned. 
B) The project will likely finish later than planned. 
C) The project will likely cost more than planned. 
D) The project will likely cost less than planned. 
E) The project will likely be on time and on budget.

Question 7

Why should a project manager be concerned with monitoring a project's progress?

Accepted Answer

Project sponsors do not like surprises.R

Question 8

Budget At Completion BAC is __________

Accepted Answer

A) how much we actually spent for work completed 
B) how much we budgeted to spend at the beginning of the project 
C) how much of the budget we have left to spend on the project 
D) how much of the budget we really should have spent on the work completed so far 
E) None of the above 
A) how much we actually spent for work completed 
B) how much we budgeted to spend at the beginning of the project 
C) how much of the budget we have left to spend on the project 
D) how much of the budget we really should have spent on the work completed so far 
E) None of the above

Question 9

The Expected Time Complete ETC)provides an estimate for completing the scheduled work that remains.

Accepted Answer

A) True 
 B)False

Question 10

A good project metric should be understandable,quantifiable,cost effective,proven,and be effective.

Accepted Answer

A) True 
 B)False

Question 11

Earned value provides a performance measurement that tells us how much of the budget we really should have spent for the work completed so far.

Accepted Answer

A) True 
 B)False

Question 12

What are project metrics?

Accepted Answer

A project metric may be defined as a qua

Question 13

A _________ shows how the scope,features or functionality,or work is being completed over time.

Accepted Answer

A) Budget report 
B) Status report 
C) Progress report 
D) Forecast report 
E) Burndown Chart 
A) Budget report 
B) Status report 
C) Progress report 
D) Forecast report 
E) Burndown Chart

Question 14

What is a project review and what purpose does it serve?

Accepted Answer

Project reviews may be formal or informa

Question 15

If we know the Actual Cost of a WBS component,what other value do we need to know in order to calculate the cost performance index CPI)?

Accepted Answer

A) Budget at Completion BAC 
B) Budget costs of remaining work BCRW 
C) Schedule Variance SV 
D) Expected Time Complete ETC 
E) Earned Value EV 
A) Budget at Completion BAC 
B) Budget costs of remaining work BCRW 
C) Schedule Variance SV 
D) Expected Time Complete ETC 
E) Earned Value EV

Question 16

All of the project stakeholders should receive exactly the same information regarding the project's progress in order to eliminate any miscommunication.

Accepted Answer

A) True 
 B)False

Question 17

Earned Value tells us __________

Accepted Answer

A) how much we actually spent for work completed 
B) how much we budgeted to spend at the beginning of the project 
C) how much of the budget we have left to spend on the project 
D) how much of the budget we really should have spent on the work completed so far 
E) None of the above 
A) how much we actually spent for work completed 
B) how much we budgeted to spend at the beginning of the project 
C) how much of the budget we have left to spend on the project 
D) how much of the budget we really should have spent on the work completed so far 
E) None of the above

Question 18

EV-AC =

Accepted Answer

A) Cost performance index CPI) 
B) Scheduled performance index SPI) 
C) Cost Variance CV) 
D) Minimum funds needed MFN) 
E) None of the above 
A) Cost performance index CPI) 
B) Scheduled performance index SPI) 
C) Cost Variance CV) 
D) Minimum funds needed MFN) 
E) None of the above

Question 19

The total planned cost of the project is computed before the project work begins.This metric is called the:

Accepted Answer

A) Planned Value PV 
B) Budget At Completion BAC 
C) Actual Cost AC 
D) Expected Time Complete ETC 
E) Estimate at Completion EAC 
A) Planned Value PV 
B) Budget At Completion BAC 
C) Actual Cost AC 
D) Expected Time Complete ETC 
E) Estimate at Completion EAC

Question 20

What is the purpose of a project communications plan? What kinds of things should this plan address?

Accepted Answer

The purpose of a project communications

What is Planned Value PV)?

The cost incurred for completing a scheduled task or WBS component is the

In Project Communications Management,ensuring that clear,consistent,and timely communication satisfies the information needs and that project stakeholder issues are resolved is _____.

The Schedule Performance Index SPI)for our project is greater than one 1)and so we would anticipate that all other things being equal,our project will finish ahead of schedule.

A cost variance CV)can be positive or negative,but never zero.

Barring a change in project scope and given a Schedule Performance Index SPI)that is greater than 1,the most reasonable inference to draw is that:

Why should a project manager be concerned with monitoring a project's progress?

Budget At Completion BAC is __________

The Expected Time Complete ETC)provides an estimate for completing the scheduled work that remains.

A good project metric should be understandable,quantifiable,cost effective,proven,and be effective.

Earned value provides a performance measurement that tells us how much of the budget we really should have spent for the work completed so far.

What are project metrics?

A _________ shows how the scope,features or functionality,or work is being completed over time.

What is a project review and what purpose does it serve?

If we know the Actual Cost of a WBS component,what other value do we need to know in order to calculate the cost performance index CPI)?

All of the project stakeholders should receive exactly the same information regarding the project's progress in order to eliminate any miscommunication.

Earned Value tells us __________

EV-AC =

The total planned cost of the project is computed before the project work begins.This metric is called the:

What is the purpose of a project communications plan? What kinds of things should this plan address?

The Nature of Information Technology Projects

Initializing and Conceptualizing the IT Project

The Project Infrastructure

The Human Side of Project Management

Defining and Managing Project and Product Scope

The Work Breakdown Structure and Project Estimation

The Project Schedule and Budget

Managing Project Risk

It Project Quality Management

Managing Organizational Change, resistance, and Conflict

Project Procurement Management and Outsourcing

Leadership and Ethics

Project Implementation, closure, and Evaluation

Filters

Exam 9: Project Communication,tracking,and Reporting

What is Planned Value PV)?

The cost incurred for completing a scheduled task or WBS component is the

In Project Communications Management,ensuring that clear,consistent,and timely communication satisfies the information needs and that project stakeholder issues are resolved is _____.

The Schedule Performance Index SPI)for our project is greater than one 1)and so we would anticipate that all other things being equal,our project will finish ahead of schedule.

A cost variance CV)can be positive or negative,but never zero.

Barring a change in project scope and given a Schedule Performance Index SPI)that is greater than 1,the most reasonable inference to draw is that:

Why should a project manager be concerned with monitoring a project's progress?

Budget At Completion BAC is __________

The Expected Time Complete ETC)provides an estimate for completing the scheduled work that remains.

A good project metric should be understandable,quantifiable,cost effective,proven,and be effective.

Earned value provides a performance measurement that tells us how much of the budget we really should have spent for the work completed so far.

What are project metrics?

A _________ shows how the scope,features or functionality,or work is being completed over time.

What is a project review and what purpose does it serve?

If we know the Actual Cost of a WBS component,what other value do we need to know in order to calculate the cost performance index CPI)?

All of the project stakeholders should receive exactly the same information regarding the project's progress in order to eliminate any miscommunication.

Earned Value tells us __________

EV-AC =

The total planned cost of the project is computed before the project work begins.This metric is called the:

What is the purpose of a project communications plan? What kinds of things should this plan address?

The Nature of Information Technology Projects

Initializing and Conceptualizing the IT Project

The Project Infrastructure

The Human Side of Project Management

Defining and Managing Project and Product Scope

The Work Breakdown Structure and Project Estimation

The Project Schedule and Budget

Managing Project Risk

It Project Quality Management

Managing Organizational Change, resistance, and Conflict

Project Procurement Management and Outsourcing

Leadership and Ethics

Project Implementation, closure, and Evaluation

Filters