Symbat

A project monitoring system involves all of the following except:

• Determining what date to collect

• Determining how, when, and who will collect the data

• Adjusting the data

• Analysis of the data

• Reporting current progress

Adequate project controls have the advantage(s) of:

• Holding people accountable

• Prevents small problems from getting large

• Keeping focus

• Both A and B are correct

• A, B, and C are all correct

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

• Review the baseline plan with top management

• Analyze inputs to control system

• Compare plan against actual

• Measure progress and performance

• Review spending with team members

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

• Budgets for the current year

• Top management's targets

• Project network schedule derived from the WBS/OBS

• Progress on similar past projects

• Previous status reports

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

• Actual costs versus budget

• Schedule progress versus plan

• Quality progress versus plan

• Both A and B are correct

• A, B, and C are all correct

The cost variance for a project is calculated by:

• EV-AC

• AC-SV

• PV-EV

• CU-EV

• EU-PV

Baseline project budgets are derived from:

• The organization's overall budget

• Time-phasing the work packages

• Top management directions

• Both A and C are correct

• A, B, and C are all correct

Generally the method for measuring accomplishments centers on comparing

• Earned value with the expected schedule value

• Earned value with the actual costs

• Actual costs with budgeted costs

• Both A and B are correct

• A, B, and C are all correct

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

• BAC, EAC, and ETC

• VAC, EAC, and BAC

• CV, SU, and BAC

• PV, EV, and AC

• TCPI, EV, and PV

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

• SV/CV

• EV/PV

• EV/AC

• AC/SV

• AC/CV