BMGT 1309 Final questions with verified
answers graded A+
Reserves - correct answer ✔✔Contingency costs in the project costs estimate, also referred to
as
Have enough money - correct answer ✔✔Making sure that sufficient payments are received
from the customer in time so that you...
Corrective action can be taken - correct answer ✔✔Its crucial that cost variances and
inefficiencies be identified early so that...
CEV - correct answer ✔✔The product of the percent complete and the sum of the estimated
costs of all the specific activities
actual cost, cumulative budgeted cost - correct answer ✔✔As data is collected _____, they can
be compared to ____
The CV is positive - correct answer ✔✔If the cumulative earned value is greater than the
cumulative actual costs, then...
CAC - correct answer ✔✔the amount that was actually spent to accomplish the work that was
scheduled to be performed up to that point in time.
$13,000 - correct answer ✔✔if the total budgeted cost is $15,000, the cumulative actual cost is
$10,000, and the cumulative earned value is $12,000
, $15,000 - correct answer ✔✔if the cumulative actual cost is $10,000 and the re-estimate of
remaining work to be performed is $5,000
the work actually performed - correct answer ✔✔_____ is a key parameter that must be
determined throughout the project.
later, greater - correct answer ✔✔The ______ in the project that changes are identified, the
______ their effect on accomplishing the project objective
documented and authorized - correct answer ✔✔procedures need to be established regarding
how changes will be....
project manager - correct answer ✔✔_______ spearheads development of a plan to achieve
the project objective
confidence in each member - correct answer ✔✔effective delegation requires that the project
manager have
delegation - correct answer ✔✔_____ is the act of allowing individuals to successfully carry out
assigned tasks.
takes immediate action - correct answer ✔✔if actual progress falls behind planned progress or
unexpected events occur, the project manager......
various team members - correct answer ✔✔______ to ensure that they perform the right tasks
at the proper time
limit project experiences - correct answer ✔✔to be an effective project manager, which of the
following statements is false?
answers graded A+
Reserves - correct answer ✔✔Contingency costs in the project costs estimate, also referred to
as
Have enough money - correct answer ✔✔Making sure that sufficient payments are received
from the customer in time so that you...
Corrective action can be taken - correct answer ✔✔Its crucial that cost variances and
inefficiencies be identified early so that...
CEV - correct answer ✔✔The product of the percent complete and the sum of the estimated
costs of all the specific activities
actual cost, cumulative budgeted cost - correct answer ✔✔As data is collected _____, they can
be compared to ____
The CV is positive - correct answer ✔✔If the cumulative earned value is greater than the
cumulative actual costs, then...
CAC - correct answer ✔✔the amount that was actually spent to accomplish the work that was
scheduled to be performed up to that point in time.
$13,000 - correct answer ✔✔if the total budgeted cost is $15,000, the cumulative actual cost is
$10,000, and the cumulative earned value is $12,000
, $15,000 - correct answer ✔✔if the cumulative actual cost is $10,000 and the re-estimate of
remaining work to be performed is $5,000
the work actually performed - correct answer ✔✔_____ is a key parameter that must be
determined throughout the project.
later, greater - correct answer ✔✔The ______ in the project that changes are identified, the
______ their effect on accomplishing the project objective
documented and authorized - correct answer ✔✔procedures need to be established regarding
how changes will be....
project manager - correct answer ✔✔_______ spearheads development of a plan to achieve
the project objective
confidence in each member - correct answer ✔✔effective delegation requires that the project
manager have
delegation - correct answer ✔✔_____ is the act of allowing individuals to successfully carry out
assigned tasks.
takes immediate action - correct answer ✔✔if actual progress falls behind planned progress or
unexpected events occur, the project manager......
various team members - correct answer ✔✔______ to ensure that they perform the right tasks
at the proper time
limit project experiences - correct answer ✔✔to be an effective project manager, which of the
following statements is false?
