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Evaluating A Single Project Updated Actual Questions And Correct Answers Complete Study Guide Full Solution

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EVALUATING A SINGLE PROJECT UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS COMPLETE STUDY GUIDE FULL SOLUTION

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EVALUATING A SINGLE PROJECT
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS COMPLETE STUDY
GUIDE FULL SOLUTION

●● 2) Project goal setting includes setting a baseline plan, which is
predicated on:
A) The progress measurement.
B) An accurate work breakdown structure.
C) The type of gap analysis the project team plans to use.
D) The budget and schedule limitations.
Answer: B) An accurate work breakdown structure.


●● 3) 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.
Answer: C) What to measure.


●● 4) A measurement process that determines the project goals and then
the degree to which the actual performance lives up to these goals is:

,A) A metric system.
B) Goal-performance linkage.
C) Five degrees of separation.
D) Gap analysis.
Answer: D) Gap analysis.


●● 5) If significant deviations from the project plan are detected,
corrective action is taken and then:
A) The monitoring and control cycle begins anew.
B) Project goals are adjusted to reflect current reality.
C) The project stakeholders are informed of the budget or time
difficulties.
D) The critical chain is reviewed for task dependency.
Answer: A) The monitoring and control cycle begins anew.


●● 6) 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.
Answer: A) Labor hours versus money expended.

, ●● 7) Use the S-curve to choose the BEST statement about the project it
describes. The horizontal axis is in weeks.
A) The total project costs in week 10 are less than budgeted.
B) The total project costs in week 10 exceed the budgeted cost.
C) The project cost more from weeks 25 through 30 than it did in weeks
10 through 15.
D) The total amount spent on the project at the end of the 20th week is
approximately $30,000.
Answer: C) The project cost more from weeks 25 through 30 than it did
in weeks 10 through 15.


●● 8) Use the S-curve to choose the BEST statement about the project it
describes. The horizontal axis is in weeks.
A) More time passes from weeks 5 to 10 than from weeks 20 to 25.
B) More time passes from $50,000 to $60,000 than from $5,000 to
$10,000.
C) More money is spent from weeks 0 to 10 than from weeks 30 to 40.
D) The total amount spent on the project at the end of the 40th week is
approximately $110,000.
Answer: D) The total amount spent on the project at the end of the 40th
week is approximately $110,000.


●● 9) Use the S-curve where the solid line is actual cost and the dashed
line is budgeted cost to choose the BEST statement.

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