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What do you call a person authorized to represent another (the principal) in some capacity? He/she can
only act
,within this capacity or "scope of authority" to bind the principal.
A. Engineer
B. Alternate
C. Project Manager
D. Agent - correct ans:Answer: D
Budgeted cost of work scheduled is all of the following except:
A. Total costs incurred in accomplishing work in a given-time period
B. Baseline for performance measurement
C. Sum of the budgets for work scheduled
D. Includes portion of the budget for level-of-effort work - correct ans:Answer: D
Which of the following is NOT an aspect of quality management?
A. Quality assurance
B. Quality planning
C. Quality checking
D. Quality control - correct ans:Answer: C
Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
A. ACWP/BCWS
B. BCWS/BCWP
C. ACWP/BCWP
D. BCWP/ACWP - correct ans:Answer: D
,____________ is the application of total resources ($-workers-supports) and activity durations of the
logic
diagram.
A. Planning
B. Forecasting
C. Scheduling
D. Modeling - correct ans:Answer: C
____________is defined as the earned work hours or dollars for all accounts divided by the budgeted
work
hours or dollars for all accounts.
A. Percent complete
B. Cost to complete
C. Earned value
D. Forecast - correct ans:Answer: A
_____________is defined as the budget for the cost (work) account times the percent complete for that
account.
A. Percent complete
B. Forecast
C. Cost to complete
D. Earned value - correct ans:Answer: D
____________ is defined as covering work whose component activities are less defined and whose
interrelationships are conditional.
A. Soft logic
, B. Hard logic
C. Deductive logic
D. Inductive logic - correct ans:Answer: A
A work breakdown structure (WBS) is developed because:
A. It avoids omissions of key product activities through a systematic planning process; removes the
complexity
of the project by dividing it into manageable units; and provides a framework.
B. It defines specific tasks within a project from which schedules can be developed; it aids in linking
activities
with resources; it facilitates communication; and it allows integration of project plans
C. It can be illustrated by individual bars for major phases, such as permitting, funding, engineering,
procurement construction, commission/startup
D. It can be illustrated by a simple bar, with important milestones represented by symbols at the
planned time of
occurrence - correct ans:Answer: B
If a project is said to be on a "fast track program/' the fast track method is:
A. Simultaneous working engineering, procurement, and construction, with appropriate overlap from
each
phase of work so that delays are eliminated and all the work is streamlined into a correct plan of
logic/sequence
and duration for all of the work
B. First completing engineering and procurement, then executing construction
C. Analyzing the project and specifying the basic approach to be used in its execution; segmenting the
project
into reasonable number of activities; estimating the time required to perform each activity; placing the
activities
in time order, considering both sequential and parallel performance
D. Revising the schedule logic to make it possible to identify constraints of faulty logic; revising the
durations
EXAM VERSION With Expected real
and comprehensive Questions and
Revised Correct Answers Guarantee
Pass A+
Professional Academic Assistance Services
Services Offered
Proctored Exam Assistance
Online Class Management (Full Course Support)
Exam Preparation & Study Materials
Assignments and Coursework Support
Essays and Research Papers
Discussion Posts and Replies
What do you call a person authorized to represent another (the principal) in some capacity? He/she can
only act
,within this capacity or "scope of authority" to bind the principal.
A. Engineer
B. Alternate
C. Project Manager
D. Agent - correct ans:Answer: D
Budgeted cost of work scheduled is all of the following except:
A. Total costs incurred in accomplishing work in a given-time period
B. Baseline for performance measurement
C. Sum of the budgets for work scheduled
D. Includes portion of the budget for level-of-effort work - correct ans:Answer: D
Which of the following is NOT an aspect of quality management?
A. Quality assurance
B. Quality planning
C. Quality checking
D. Quality control - correct ans:Answer: C
Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
A. ACWP/BCWS
B. BCWS/BCWP
C. ACWP/BCWP
D. BCWP/ACWP - correct ans:Answer: D
,____________ is the application of total resources ($-workers-supports) and activity durations of the
logic
diagram.
A. Planning
B. Forecasting
C. Scheduling
D. Modeling - correct ans:Answer: C
____________is defined as the earned work hours or dollars for all accounts divided by the budgeted
work
hours or dollars for all accounts.
A. Percent complete
B. Cost to complete
C. Earned value
D. Forecast - correct ans:Answer: A
_____________is defined as the budget for the cost (work) account times the percent complete for that
account.
A. Percent complete
B. Forecast
C. Cost to complete
D. Earned value - correct ans:Answer: D
____________ is defined as covering work whose component activities are less defined and whose
interrelationships are conditional.
A. Soft logic
, B. Hard logic
C. Deductive logic
D. Inductive logic - correct ans:Answer: A
A work breakdown structure (WBS) is developed because:
A. It avoids omissions of key product activities through a systematic planning process; removes the
complexity
of the project by dividing it into manageable units; and provides a framework.
B. It defines specific tasks within a project from which schedules can be developed; it aids in linking
activities
with resources; it facilitates communication; and it allows integration of project plans
C. It can be illustrated by individual bars for major phases, such as permitting, funding, engineering,
procurement construction, commission/startup
D. It can be illustrated by a simple bar, with important milestones represented by symbols at the
planned time of
occurrence - correct ans:Answer: B
If a project is said to be on a "fast track program/' the fast track method is:
A. Simultaneous working engineering, procurement, and construction, with appropriate overlap from
each
phase of work so that delays are eliminated and all the work is streamlined into a correct plan of
logic/sequence
and duration for all of the work
B. First completing engineering and procurement, then executing construction
C. Analyzing the project and specifying the basic approach to be used in its execution; segmenting the
project
into reasonable number of activities; estimating the time required to perform each activity; placing the
activities
in time order, considering both sequential and parallel performance
D. Revising the schedule logic to make it possible to identify constraints of faulty logic; revising the
durations
