5 Written questions
5 Matching questions
- Likelihood and impact
- Estimated cost at completion, total baseline at completion, cumulative earned value to date, cost performance index, cumulative actual cost to date
- 12)???An Earned Value System used to monitor project progress includes comparisons of:
- Percent, budget and actual work
- Concept, planning and start up
- a The definition of the earned value (EV) of a project is the: X of the original Y that has been earned by Z done
- b The two scales of a risk severity matrix measure: X and Y
- c According to the text, the chances of risk event occurring are greatest during the X phase(s) of the project.
- d EACf = ((BAC-EV)/CPI)+AC
- e 12)???An Earned Value System used to monitor project progress includes comparisons of:
a) Actual costs vs baseline budget
b) Schedule progress vs. baseline plan
c) Quality progress vs plan
d) A and B are correct
e) A, B and C are all correct.
5 Multiple choice questions
- One definition of synergy (working together) can be found in the phrase.
- The Cost Performance Index will measure the most efficiency of the work accomploshed to date. How is it calculted? X
- An uncertain event or condition that, if it occurs, had positive or negative effect on project objectives is termed X
- One difference between project management and project leadership is that good management includes: Monitoring X against Y
- If resources are not adequate to meet peak demands the resulting rescheduling is termed X.
5 True/False questions
Cost variance → According to Kotter the distinction between management and leadership is that leadership is about coping with X
Parallel method → Which of the following data are required to assess the current status of a project using the earned-value cost/schedule system?
Punctuated Equilibrium → Most of the scheduling methods available today require the project manager to classify as either X constrained or Y constrained.
Resource smoothing → Which of the following is not one of the steps in the risk management process:
a. Risk response development
b. Risk assessment
c. Risk identification
d. Risk tracking
e. Risk response control
Earlier and later → The cost impact of a risk event occuring as a project proceeds through its cycle tends to be less if the event occurs X then Y