PMP Certification Training - Control Cost

PMP Certification Training - Control Cost

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial covers the process of controlling costs in project management, focusing on monitoring project status, managing changes to the cost baseline, and using various tools and techniques. It explains inputs like the project management plan and funding requirements, and details tools such as expert judgment and data analysis. The tutorial also delves into earned value management, budget and variance analysis, and performance indexes like SPI and CPI, providing a comprehensive guide to managing project costs effectively.

Read more

4 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the inputs required for controlling project costs?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between earned value and actual cost?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Estimate at Completion (EAC) in project management?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the formula for calculating the To Complete Performance Index (TCPI)?

Evaluate responses using AI:

OFF