Question 1

n Earned Value System used to monitor project progress includes comparison of

Accepted Answer

A) Actual costs versus budget 
B) Schedule progress versus plan 
C) Quality progress versus plan 
D) Both A and B are correct 
E) A, B, and C are all correct 
A) Actual costs versus budget 
B) Schedule progress versus plan 
C) Quality progress versus plan 
D) Both A and B are correct 
E) A, B, and C are all correct

Question 2

Control is one of the most neglected areas of project management.

Accepted Answer

A) True 
 B)False

Question 3

Of the following costs, which are not included in baseline?

Accepted Answer

A) Materials 
B) Equipment 
C) Labor 
D) A and C but not B 
E) All of these are usually included 
A) Materials 
B) Equipment 
C) Labor 
D) A and C but not B 
E) All of these are usually included

Question 4

The key to managing scope creep is change management.

Accepted Answer

A) True 
 B)False

Question 5

An index value less than one indicates that the project is

Accepted Answer

A) Under cost or behind schedule 
B) Over cost or ahead of schedule 
C) Under cost or ahead of schedule 
D) Over cost or behind schedule 
E) On cost or on schedule 
A) Under cost or behind schedule 
B) Over cost or ahead of schedule 
C) Under cost or ahead of schedule 
D) Over cost or behind schedule 
E) On cost or on schedule

Question 6

Cost variance tells us if the ________ costs are more or less than was planned at any point over the life of the project.

Accepted Answer

work accomplished
Explanation:

Question 7

The method most frequently used in measuring project progress is the

Accepted Answer

A) 0/100 percent rule 
B) 75/25 percent rule 
C) 50/50 percent rule 
D) 25/75 percent rule 
E) Percent complete rule 
A) 0/100 percent rule 
B) 75/25 percent rule 
C) 50/50 percent rule 
D) 25/75 percent rule 
E) Percent complete rule

Question 8

Cost variance tells us the different estimates among vendors needed to complete the project over the life of the project.

Accepted Answer

A) True 
 B)False

Question 9

The units of measure for SV or CV is in terms of ________.

Accepted Answer

dollars
Explanation:

Question 10

Identify and briefly discuss the two methods to revise estimates of future project costs.

Accepted Answer

1.Revision by Experts; changes are made

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

________ is simply the percent complete, times the original budget.

Accepted Answer

Earned value
Explanation: Earn

Question 13

Milestones are significant project events that mark major accomplishments.

Accepted Answer

A) True 
 B)False

Question 14

The second step in the project control process of the measurement and evaluation of project performance is to:

Accepted Answer

A) Review the baseline plan with top management 
B) Analyze inputs to control system 
C) Compare plan against actual 
D) Measure progress and performance 
E) Review spending with team members 
A) Review the baseline plan with top management 
B) Analyze inputs to control system 
C) Compare plan against actual 
D) Measure progress and performance 
E) Review spending with team members

Question 15

The ________ is the rule most frequently used by practicing project managers to both assign costs to the baseline and to measure progress using earned value.

Accepted Answer

percent complete
Explanation: In practic

Question 16

In monitoring project time (schedule) performance actual performance should be compared to:

Accepted Answer

A) Budgets for the current year 
B) Top management's targets 
C) Project network schedule derived from the WBS/OBS 
D) Progress on similar past projects 
E) Previous status reports 
A) Budgets for the current year 
B) Top management's targets 
C) Project network schedule derived from the WBS/OBS 
D) Progress on similar past projects 
E) Previous status reports

Question 17

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

Accepted Answer

A) SV/CV 
B) EV/PV 
C) EV/AC 
D) AC/SV 
E) AC/CV 
A) SV/CV 
B) EV/PV 
C) EV/AC 
D) AC/SV 
E) AC/CV

Question 18

Identify the steps in creating a control process that measure and evaluate project performance.

Accepted Answer

1.Set the baseline plan, 2.Mea

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

A project monitoring system involves all of the following except:

Accepted Answer

A) Determining what date to collect 
B) Determining how, when, and who will collect the data 
C) Adjusting the data 
D) Analysis of the data 
E) Reporting current progress 
A) Determining what date to collect 
B) Determining how, when, and who will collect the data 
C) Adjusting the data 
D) Analysis of the data 
E) Reporting current progress

n Earned Value System used to monitor project progress includes comparison of

Control is one of the most neglected areas of project management.

Of the following costs, which are not included in baseline?

The key to managing scope creep is change management.

An index value less than one indicates that the project is

Cost variance tells us if the ________ costs are more or less than was planned at any point over the life of the project.

The method most frequently used in measuring project progress is the

Cost variance tells us the different estimates among vendors needed to complete the project over the life of the project.

The units of measure for SV or CV is in terms of ________.

Identify and briefly discuss the two methods to revise estimates of future project costs.

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

________ is simply the percent complete, times the original budget.

Milestones are significant project events that mark major accomplishments.

The second step in the project control process of the measurement and evaluation of project performance is to:

The ________ is the rule most frequently used by practicing project managers to both assign costs to the baseline and to measure progress using earned value.

In monitoring project time (schedule) performance actual performance should be compared to:

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

Identify the steps in creating a control process that measure and evaluate project performance.

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

A project monitoring system involves all of the following except:

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

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 13: Progress and Performance Measurement and Evaluation

n Earned Value System used to monitor project progress includes comparison of

Control is one of the most neglected areas of project management.

Of the following costs, which are not included in baseline?

The key to managing scope creep is change management.

An index value less than one indicates that the project is

Cost variance tells us if the ________ costs are more or less than was planned at any point over the life of the project.

The method most frequently used in measuring project progress is the

Cost variance tells us the different estimates among vendors needed to complete the project over the life of the project.

The units of measure for SV or CV is in terms of ________.

Identify and briefly discuss the two methods to revise estimates of future project costs.

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

________ is simply the percent complete, times the original budget.

Milestones are significant project events that mark major accomplishments.

The second step in the project control process of the measurement and evaluation of project performance is to:

The ________ is the rule most frequently used by practicing project managers to both assign costs to the baseline and to measure progress using earned value.

In monitoring project time (schedule) performance actual performance should be compared to:

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

Identify the steps in creating a control process that measure and evaluate project performance.

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

A project monitoring system involves all of the following except:

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

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters