Progress And Performance Measurement And Evaluation

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Questions Bank

Modern Project Management
Organization Strategy and Project Selection
Organization: Structure and Culture
Defining the Project
Estimating Project Times and Costs
Developing a Project Plan
Managing Risk
Scheduling Resources and Costs
Reducing Project Duration
Being an Effective Project Manager
Managing Project Team
Outsourcing: Managing Interorganizational Relations
Progress and Performance Measurement and Evaluation
Project Closure
International Projects
An Introduction to Agile Project Management

All Questions

Question 1

Free

Multiple Choice

A project monitoring system involves all of the following EXCEPT

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Determining what data to collect.

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

Adjusting the data.

Analysis of the data.

Reporting current progress.

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Question 2

Free

Multiple Choice

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

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SV.

TCPI.

CPI.

SPI.

PCIB.

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Question 3

Free

Multiple Choice

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.

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The project will currently finish under budget.

The project will currently finish over budget.

The project will currently finish on budget.

The project will currently finish behind schedule.

There is insufficient information to draw conclusions.

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Question 4

Free

Multiple Choice

The first step in the project control process for measuring and evaluating project performance is to

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Set a baseline plan.

Determine the project objectives.

Determine the project deliverables.

Analyze the project budget.

Review the project priority matrix.

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Question 5

Free

Multiple Choice

The second step in the project control process for measuring and evaluating project performance is to

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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.

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Question 6

Multiple Choice

The third step in the project control process for measuring and evaluating project performance is to

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Review the baseline plan with top management.

Analyze inputs to the control system.

Compare the plan against actual performance.

Measure both progress and performance.

Review spending with team members.

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Question 7

Multiple Choice

The final step in the project control process for measuring and evaluating project performance is to

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Take appropriate action.

Prepare a report to top management.

Follow up on corrective action.

Measure progress and performance.

Review spending with team members.

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Question 8

Multiple Choice

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

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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.

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Question 9

Multiple Choice

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

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Baseline

Control

Variance

Tracking

Simple

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Question 10

Multiple Choice

A tool used to monitor past project schedule performance and current performance, and to estimate future schedule trends is a simple line chart known as a

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Project control chart.

Gantt chart.

PERT chart.

Network diagram.

Milestone chart.

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Question 11

Multiple Choice

The earned value system starts with the time-phased costs that provide the project baseline, which is called the

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Planned budgeted value of work scheduled.

Planned budgeted value of work completed.

Earned value of work scheduled.

Scheduled value of work scheduled.

Scheduled value of work completed.

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Question 12

Multiple Choice

The earned value of a project is the

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Project cost to date adjusted for project scope changes.

Total project cost to date.

Cost incurred minus the planned cost.

Percent of the original budget that has been earned by actual work.

The planned time-phased baseline of the value of work scheduled.

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Question 13

Multiple Choice

The cost variance for a project is calculated by

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EV - AC.

AC - SV.

PV - EV.

CV - EV.

EV - PV.

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Question 14

Multiple Choice

The schedule variance for a project is calculated by:

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EV - AC

AC - SV

PV - EV

CV - EV

EV - PV

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Question 15

Multiple Choice

Baseline project budgets are derived from

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The organization's overall budget.

Time-phasing the work packages.

Top management directions.

The total direct, direct project overhead and G&A overhead costs.

The earned value system.

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Question 16

Multiple Choice

Of the following costs, which are NOT included in baseline?

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Suppliers

Equipment

Labor

Budget reserves

Contractors

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Question 17

Multiple Choice

When someone familiar with each task estimates what percent of the task has been completed or how much of the task remains, they are creating a method for assigning costs to the baseline called the

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0/100 percent rule.

Task complete rule.

Degree complete rule.

Work complete rule.

Percent complete rule.

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Question 18

Multiple Choice

Which performance index is the most potentially misleading?

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CPI

EAC

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Question 19

Multiple Choice

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

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BAC, EAC, and ETC

VAC, EAC, and BAC

CV, SV, and BAC

PV, EV, and AC

TCPI, EV, and PV

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Question 20

Multiple Choice

Which of the following methods of variance analysis is the best indicator of how far off the budget a project will be at completion?

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BAC

EAC

ETC

VAC

TCPI

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