26 Jun Project Management Ch 13 – Progress And Performance Measurement And Evaluation
Progress and Performance Measurement and Evaluation
Project Management Ch 13
6th Edition
1
The second step in the project control process for measuring and evaluating project performance is to
A)
Review the baseline plan with top management
B)
Analyze inputs to control system
C)
Compare plan against actual
D)
Measure progress and performance
E)
Review spending with team members
2
A ___________ Gantt chart is a simple and effective way to depict progress on a project.
A)
Baseline
B)
Control
C)
Variance
D)
Tracking
E)
Simple
3
A tool used to monitor past project schedule performance, current performance, and to estimate future schedule trends is a simple line chart known as a
A)
Project control chart
B)
Gantt chart
C)
PERT chart
D)
Network diagram
E)
Milestone chart
4
The earned value system starts with the time-phased costs that provide the project baseline, which is called the
A)
Planned budgeted value of work scheduled
B)
Planned budgeted value of work completed
C)
Earned value of work scheduled
D)
Scheduled value of work scheduled
E)
Scheduled value of work completed
5
The cost variance for a project is calculated by
A)
EV-AC
B)
AC-SV
C)
PV-EV
D)
CV-EV
E)
EV-PV
6
Baseline project budgets are derived from
A)
The organization’s overall budget
B)
Time-phasing the work packages
C)
Top management directions
D)
The total direct, direct project overhead and G&A overhead costs
E)
The earned value system
7
Of the following costs, which are NOT included in baseline?
A)
Suppliers
B)
Equipment
C)
Labor
D)
Budget reserves
E)
Contractors
8
Which of the following methods will measure the cost efficiency of the work accomplished to date?
A)
SV/CV
B)
EV/PV
C)
EV/AC
D)
AC/SV
E)
AC/CV
9
A CPI or SPI value less than one indicates that the project is
A)
Under cost or behind schedule
B)
Over cost or ahead of schedule
C)
Under cost or ahead of schedule
D)
Over cost or behind schedule
E)
On cost or on schedule
10
The value that tells you the planned value of work that has actually been completed is the
A)
SV
B)
PV
C)
EV
D)
AC
E)
CV
11
The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the
A)
PCIC
B)
VAC
C)
CPI
D)
SPI
E)
TCPI
12
Nancy tells her supervisor that as of right now, $1.05 worth of work has been accomplished for each $1 worth of scheduled work. Nancy got this information from viewing the
A)
SV
B)
TCPI
C)
CPI
D)
SPI
E)
PCIB
13
Sally receives the following information on her project: PV=100, AC=75, EV=100. How well is the project doing in terms of budget?
A)
Right on budget
B)
25 under budget
C)
25 over budget
D)
50 under budget
E)
50 over budget
14
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
A)
The project will currently finish under budget
B)
The project will currently finish over budget
C)
The project will currently finish on budget
D)
The project will currently finish behind schedule
E)
There is insufficient information to draw conclusions
15
Which of the following is NOT true regarding scope creep?
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
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