Question 1

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

Accepted Answer

A)   baseline
B)   control
C)   variance
D)   tracking
E)   simpleF) None of the above
G) A) and E)

Question 2

All projects need some form of formal control. Agree or disagree? Support you answer.

Accepted Answer

Control by "wandering around" and / or "...

Question 3

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.F) A) and B)
G) C) and D)

Question 4

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.F) A) and D)
G) B) and D)

Question 5

A CPI index of 1.18 indicates that the project is currently ________ schedule.

Accepted Answer

A)   ahead of
B)   behind
C)   over
D)   under
E)   cannot be determined.F) A) and C)
G) A) and E)

Question 6

Because of their easy-to-understand visual format, ________ charts are the most favored, used, and understandable tool used to report project schedule status.

Accepted Answer

A)   Network
B)   Work breakdown structure
C)   Gantt
D)   Burndown
E)   Cost / scheduleF) B) and E)
G) None of the above

Question 7

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 8

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

Accepted Answer

A)   under, ahead of
B)   under, behind
C)   over, behind
D)   over, ahead of
E)   on, onF) A) and C)
G) D) and E)

Question 9

Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.

Accepted Answer

A)   procurement
B)   technical
C)   stakeholder
D)   human resources
E)   riskF) A) and B)
G) C) and D)

Question 10

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

Accepted Answer

A)   SV / CV
B)   EV / PV
C)   EV / AC
D)   AC / SV
E)   AC / CVF) None of the above
G) C) and E) C

Question 11

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

Accepted Answer

A)   set a baseline plan.
B)   determine the project objectives.
C)   determine the project deliverables.
D)   analyze the project budget.
E)   review the project priority matrix.F) B) and C)
G) A) and D) A

Question 12

________ is simply the percent complete times the original budget.

Accepted Answer

A)   Actual cost
B)   Earned value
C)   Cost Performance Index
D)   Schedule Performance Index
E)   Budget at CompletionF) A) and B)
G) All of the above

Question 13

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.F) B) and E)
G) All of the above A

Question 14

A reason that the duration on a task may differ from an original duration on a tracking Gantt chart could be

Accepted Answer

A)   an expected delay.
B)   new information on the task.
C)   the task has been cancelled.
D)   a new budget cycle.
E)   an unexpected delay.F) B) and E)
G) A) and E)

Question 15

The PV, AC and CV are all required to assess the current status of the project.

Accepted Answer

A) True 
 B)False

Question 16

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

A)   one-to-ten
B)   one-to-one
C)   50 / 100
D)   0 / 100
E)   50 / 50F) A) and C)
G) None of the above

Question 17

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

Accepted Answer

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

Question 18

Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.

Accepted Answer

A) True 
 B)False

Question 19

The ________ variance is the difference between the earned value to date and the baseline schedule.

Accepted Answer

A)   schedule
B)   cost
C)   budget
D)   time
E)   performanceF) B) and D)
G) All of the above

Question 20

Baseline project budgets are derived from time-phasing the work ________.

Accepted Answer

A)   products
B)   milestones
C)   packages
D)   modules
E)   resourcesF) A) and B)
G) D) and E)

Exam 13: Progress and Performance Measurement and Evaluation

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

Correct AnswerverifiedShow Answer

All projects need some form of formal control. Agree or disagree? Support you answer.

Correct AnswerverifiedControl by "wandering around" and / or "...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

A CPI index of 1.18 indicates that the project is currently ________ schedule.

Correct AnswerverifiedShow Answer

Because of their easy-to-understand visual format, ________ charts are the most favored, used, and understandable tool used to report project schedule status.

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Although it is very difficult to measure, measuring ________ performance is as important as measuring schedule and cost performance.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedC

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

Correct AnswerverifiedA

________ is simply the percent complete times the original budget.

Correct AnswerverifiedShow Answer

Which of the following is NOT true regarding scope creep?

Correct AnswerverifiedA

A reason that the duration on a task may differ from an original duration on a tracking Gantt chart could be

Correct AnswerverifiedShow Answer

The PV, AC and CV are all required to assess the current status of the project.

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.

Correct AnswerverifiedShow Answer

The ________ variance is the difference between the earned value to date and the baseline schedule.

Correct AnswerverifiedShow Answer

Baseline project budgets are derived from time-phasing the work ________.

Correct AnswerverifiedShow Answer

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Control by "wandering around" and / or "...
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Given that the AC = 500, PV = 400 and EV = 300, this project is currently ___ budget and schedule.

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C

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A

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A

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