Question 1

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,200. Calculate the cost performance index from the given scenario.

Accepted Answer

A)  0.55 
B)  0.75 
C)  0.33 
D)  0.66 
E)  0.25

Question 2

Renuit Mec, a footwear manufacturing company, produces 10,000 shoes per day. In an average, about 200 shoes have more than one defect. However, the company has found that its newly installed machines are producing more defective products than the older machines. In order to prevent the production of more defective products, Renuit Mec releases a report to its employees asking them to stop using the newly installed machines. In this scenario, Renuit Mec most likely released a(n) _____.

Accepted Answer

A)  periodic report 
B)  routine report 
C)  special analysis report 
D)  resource report 
E)  exception report

Question 3

Exception reports are primarily intended for unexpected situations.

Accepted Answer

A) True 
 B)False

Question 4

The 50-50 approach for estimating progress overstates the EV of tasks that are near completion and understates the EV of tasks that have recently begun.

Accepted Answer

A) True 
 B)False

Question 5

The purpose of control is to ensure that all interested parties have the information they need.

Accepted Answer

A) True 
 B)False

Question 6

Nadia, an intern in a restoration firm, collects data on a project involving the remodeling of an monument and sends the collected information to Maria, her supervisor. Maria uses this data to estimate the project's progress. After finding that the project is behind schedule, she makes small changes to the tasks involved in the project to bring the performance into agreement with the plan. In this scenario, Maria is engaged in _____ the project.

Accepted Answer

A)  monitoring 
B)  planning 
C)  scoping 
D)  controlling 
E)  analyzing

Question 7

The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…

Accepted Answer

A)  scope creep 
B)  projectitis 
C)  multitasking 
D)  dynamic scoping 
E)  unfreezing

Question 8

To maximize efficiency, project team meetings should follow Robert's Rules of Order.

Accepted Answer

A) True 
 B)False

Exam 7: Monitoring and Controlling the Project

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,200. Calculate the cost performance index from the given scenario.

Exception reports are primarily intended for unexpected situations.

The 50-50 approach for estimating progress overstates the EV of tasks that are near completion and understates the EV of tasks that have recently begun.

The purpose of control is to ensure that all interested parties have the information they need.

The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…

To maximize efficiency, project team meetings should follow Robert's Rules of Order.