BUSI 681-B01 LUO - Chap 13 Quiz (Test Prep) Latest - Attempt Score 46/50.

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• Question 1 Deciding what data to collect, actually collecting the data and analyzing it, and reporting this data are all parts of structuring a project monitoring information system. ... • Question 2 Sally receives the following information on her project: PV = 100, AC = 75, EV = 100. How well is the project doing in terms of budget? • Question 3 A scope change is always viewed negatively as it changes the delivery date of the project. • Question 4 All scope changes that result in increased costs should be avoided. • Question 5 Baseline project budgets are derived from • Question 6 A ___________ Gantt chart is a simple and effective way to depict progress on a project. • Question 7 The value that tells you the planned value of work that has actually been completed is the • Question 8 The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the • Question 9 A negative VAC indicates that the project will be completed over budget. • Question 10 The earned value of a project is the • Question 11 Most changes will not result in serious scope changes and should be absorbed as positive or negative variances. • Question 12 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. • Question 13 A project monitoring system involves all of the following EXCEPT • Question 14 The final step in the project control process for measuring and evaluating project performance is to • Question 15 A reason that the duration on a task may differ from an original duration on a Tracking Gantt chart could be • Question 16 In monitoring project time (schedule) performance, actual performance should be compared to Selected Answer: Project network schedule derived from the WBS/OBS. • Question 17 Jim receives the following information on his project: PV = 1000, EV = 1200, AC = 800, BAC = 2000, EAC = 1333. How is the project doing in terms of schedule? • Question 18 Which of the following methods of variance analysis is the best indicator of how far off the budget a project will be at completion? • Question 19 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. • Question 20 Of the following costs, which are NOT included in baseline? • Question 21 A Cost/Schedule graph can be interpreted using ___________ and __________ for its axis. • Question 22 Which of the following methods will measure the cost efficiency of the work accomplished to date? • Question 23 A project manager would be glad to see a TCPI of 1.07. • Question 24 An undesirable schedule variance always indicates that the project is running behind schedule. • Question 25 A project manager learns that the project is only earning $.90 of planned work for each dollar spent by looking at the • Question 26 Which of the following methods will measure the scheduling efficiency of the work accomplished to date? • Question 27 The PCIC index measures the project percent complete in relation to the resources that have actually been used so far on the project. • Question 28 Causes for Scope Creep can include Question 29 For a more complex project, statistical analysis can be applied to a Control Chart to identify potential causes of schedule deviation. • Question 30 The start of a task may be moved on a Tracking Gantt due to [Show More]

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