Question 1

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

Accepted Answer

A) Take appropriate action. 
B) Prepare a report to top management. 
C) Follow up on corrective action. 
D) Measure progress and performance. 
E) Review spending with team members. 
A) Take appropriate action. 
B) Prepare a report to top management. 
C) Follow up on corrective action. 
D) Measure progress and performance. 
E) Review spending with team members.

Question 2

The ________ rule assumes credit is earned for having performed the work once it is completed.This rule is usually used for work packages having very short durations.

Accepted Answer

0/100
Explanation: The 0/100 r

Question 3

A negative CV indicates the project is ________ budget.

Accepted Answer

over
Explanation: A negative c

Question 4

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

Accepted Answer

TCPI
Explanation: The ratio that measure

Question 5

A tool used to monitor past project schedule performance and current performance, and to estimate future schedule trends is a simple line chart known as a

Accepted Answer

A) Project control chart. 
B) Gantt chart. 
C) PERT chart. 
D) Network diagram. 
E) Milestone chart. 
A) Project control chart. 
B) Gantt chart. 
C) PERT chart. 
D) Network diagram. 
E) Milestone chart.

Question 6

A negative VAC indicates that the project will be completed over budget.

Accepted Answer

A) True 
 B)False

Question 7

Baseline costs typically include labor, equipment, materials and direct overhead cost.

Accepted Answer

A) True 
 B)False

Question 8

Identify the steps in creating a control process that measures and evaluates project performance.

Accepted Answer

(1)Set the baseline plan.
(2)M

Question 9

Given a BAC of 5,500 and an EAC of 6,000, the project is expected to be completed _________ budget.

Accepted Answer

over
Explanation: The BAC indicates the

Question 10

The project network schedule is derived from the _______ and it serves as the baseline to compare against actual performance.

Accepted Answer

WBS
Explanation: Monitoring sc

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

The value that tells you the planned value of work that has actually been completed is the

Accepted Answer

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

Question 13

A "rubber baseline" occurs when, in an effort to disguise poor performance, the baseline changes to constantly match results.

Accepted Answer

A) True 
 B)False

Question 14

In reviewing the budget report of a project, you notice that spending on the project is running about 10 percent over plan.Is the project in trouble? Why or why not?

Accepted Answer

You don't know for sure.The project may

Question 15

What is a "rubber baseline" and how does it undermine project control?

Accepted Answer

A rubber baseline is when the baseline i

Question 16

A project manager learns that the project is only earning $.90 of planned work for each dollar spent by looking at the

Accepted Answer

A) EV. 
B) BAC. 
C) SV. 
D) SPI. 
E) CPI. 
A) EV. 
B) BAC. 
C) SV. 
D) SPI. 
E) CPI.

Question 17

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

Accepted Answer

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

Question 18

Jessica just received the following information on her project: PV = 200, EV = 300, AC = 250, BAC = 1500, EAC = 1208.In terms of cost at completion.

Accepted Answer

A) The project will currently finish under budget. 
B) The project will currently finish over budget. 
C) The project will currently finish on budget. 
D) The project will currently finish behind schedule. 
E) There is insufficient information to draw conclusions. 
A) The project will currently finish under budget. 
B) The project will currently finish over budget. 
C) The project will currently finish on budget. 
D) The project will currently finish behind schedule. 
E) There is insufficient information to draw conclusions.

Question 19

Progress and performance can be measured quantitatively as well as qualitatively.

Accepted Answer

A) True 
 B)False

Question 20

All scope changes that result in increased costs should be avoided.

Accepted Answer

A) True 
 B)False

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

The ________ rule assumes credit is earned for having performed the work once it is completed.This rule is usually used for work packages having very short durations.

A negative CV indicates the project is ________ budget.

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

A tool used to monitor past project schedule performance and current performance, and to estimate future schedule trends is a simple line chart known as a

A negative VAC indicates that the project will be completed over budget.

Baseline costs typically include labor, equipment, materials and direct overhead cost.

Identify the steps in creating a control process that measures and evaluates project performance.

Given a BAC of 5,500 and an EAC of 6,000, the project is expected to be completed _________ budget.

The project network schedule is derived from the _______ and it serves as the baseline to compare against actual performance.

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

The value that tells you the planned value of work that has actually been completed is the

A "rubber baseline" occurs when, in an effort to disguise poor performance, the baseline changes to constantly match results.

In reviewing the budget report of a project, you notice that spending on the project is running about 10 percent over plan.Is the project in trouble? Why or why not?

What is a "rubber baseline" and how does it undermine project control?

A project manager learns that the project is only earning $.90 of planned work for each dollar spent by looking at the

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

Jessica just received the following information on her project: PV = 200, EV = 300, AC = 250, BAC = 1500, EAC = 1208.In terms of cost at completion.

Progress and performance can be measured quantitatively as well as qualitatively.

All scope changes that result in increased costs should be avoided.

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

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

The ________ rule assumes credit is earned for having performed the work once it is completed.This rule is usually used for work packages having very short durations.

A negative CV indicates the project is ________ budget.

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

A tool used to monitor past project schedule performance and current performance, and to estimate future schedule trends is a simple line chart known as a

A negative VAC indicates that the project will be completed over budget.

Baseline costs typically include labor, equipment, materials and direct overhead cost.

Identify the steps in creating a control process that measures and evaluates project performance.

Given a BAC of 5,500 and an EAC of 6,000, the project is expected to be completed _________ budget.

The project network schedule is derived from the _______ and it serves as the baseline to compare against actual performance.

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

The value that tells you the planned value of work that has actually been completed is the

A "rubber baseline" occurs when, in an effort to disguise poor performance, the baseline changes to constantly match results.

In reviewing the budget report of a project, you notice that spending on the project is running about 10 percent over plan.Is the project in trouble? Why or why not?

What is a "rubber baseline" and how does it undermine project control?

A project manager learns that the project is only earning $.90 of planned work for each dollar spent by looking at the

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

Jessica just received the following information on her project: PV = 200, EV = 300, AC = 250, BAC = 1500, EAC = 1208.In terms of cost at completion.

Progress and performance can be measured quantitatively as well as qualitatively.

All scope changes that result in increased costs should be avoided.

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