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An excellent way to coordinate schedules with vendors and suppliers is through the use of:


A) milestones.
B) S-curves that plot expenditures against time.
C) S-curves that plot planned expenditures against time.
D) a tracking Gantt chart.

E) B) and C)
F) A) and C)

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In earned value management,schedule variance is defined as:


A) the difference between the earned value and the actual cost.
B) the difference between the earned value and the planned value.
C) the difference between the actual cost and the planned value.
D) the difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.

E) C) and D)
F) None of the above

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Use the data to calculate the schedule performance index for the project for the end of week 10.All amounts are in thousands of dollars. Use the data to calculate the schedule performance index for the project for the end of week 10.All amounts are in thousands of dollars. A) 1.24 B) 0.93 C) 0.81 D) 0.76


A) 1.24
B) 0.93
C) 0.81
D) 0.76

E) None of the above
F) All of the above

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It is possible to measure:


A) only positive deviations from the schedule baseline with a tracking Gantt chart.
B) only negative deviations from the schedule baseline with a tracking Gantt chart.
C) both positive and negative deviations from the schedule baseline with the tracking Gantt chart.
D) both positive and negative deviations from the budget with the tracking Gantt chart.

E) A) and B)
F) A) and C)

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Sketch the project control cycle and discuss the activities that take place in each step.

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The project control cycle consists of se...

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Since a project may get ahead of or fall behind schedule,a calendar date cannot be a milestone.

A) True
B) False

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Use the earned value table (all amounts indicated are dollars) to determine the earned value to the nearest hundred dollars given the indicated state of the project. Use the earned value table (all amounts indicated are dollars) to determine the earned value to the nearest hundred dollars given the indicated state of the project. A) $7,800 B) $9,600 C) $8,400 D) $6,900


A) $7,800
B) $9,600
C) $8,400
D) $6,900

E) All of the above
F) A) and B)

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An unmotivated team is a key success inhibitor in every project stage with the exception of the:


A) main phase.
B) formation phase.
C) close-out phase.
D) build-up phase.

E) A) and B)
F) A) and C)

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Earned value management at the portfolio level requires:


A) a single project manager with a single metric system.
B) aggregation of all earned value measures across the firm's entire project portfolio.
C) only positive variances for both budget and schedule.
D) only negative variances for both budget and schedule.

E) All of the above
F) None of the above

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What is a tracking Gantt chart and what are the benefits and drawbacks of its use?

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A tracking Gantt chart is a Gantt chart ...

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Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement. Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement. A) The project is further ahead of budget from weeks 36 through 40 than from weeks 8 through 12. B) The project never experiences negative variance. C) The project is further behind budget from weeks 0 through 16 than from 24 through 40. D) The project is in a constant state of positive variance.


A) The project is further ahead of budget from weeks 36 through 40 than from weeks 8 through 12.
B) The project never experiences negative variance.
C) The project is further behind budget from weeks 0 through 16 than from 24 through 40.
D) The project is in a constant state of positive variance.

E) All of the above
F) B) and D)

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Inspired by his trip to Greece,the gentleman farmer decided he needed a Mykonos-style windmill pumping a pond for his sheep and orchard.His earned value table for the project appears below.At the end of June,what was the estimated time to completion and the estimated cumulative cost to completion? Inspired by his trip to Greece,the gentleman farmer decided he needed a Mykonos-style windmill pumping a pond for his sheep and orchard.His earned value table for the project appears below.At the end of June,what was the estimated time to completion and the estimated cumulative cost to completion?

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At the end of June,the PV=5950...

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The project control cycle begins with ________.

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What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?

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The 0/100 rule and the 50/50 rule are bo...

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The classic project S-curve is a plot of:


A) labor hours versus money expended.
B) money expended versus elapsed time.
C) elapsed time versus labor hours.
D) number of personnel versus days behind schedule.

E) B) and D)
F) All of the above

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One strength of S-curve analysis is that it provides real-time tracking information.

A) True
B) False

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Measurement mechanisms should include a clear definition of:


A) the project baseline.
B) the reporting relationships among members of the project team.
C) what to measure.
D) trigger points.

E) None of the above
F) A) and B)

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Use the earned value table to determine the estimated cost to completion (to the nearest hundred dollars) given the indicated state of the project. Use the earned value table to determine the estimated cost to completion (to the nearest hundred dollars) given the indicated state of the project. A) $9,600 B) $7,800 C) $8,100 D) $10,500


A) $9,600
B) $7,800
C) $8,100
D) $10,500

E) A) and B)
F) None of the above

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What are drawbacks to a pure S-curve analysis?

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S-curves do not allow troubleshooting (i...

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Take the factors considered by earned value analysis and subtract those considered by project S-curves.The factor(s) you have remaining are:


A) performance and cost.
B) cost and schedule.
C) time.
D) performance.

E) A) and D)
F) C) and D)

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Showing 61 - 80 of 117

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