Evm 101 test Study guides, Class notes & Summaries

1) The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate to complete (ETC) Budgeted cos...

1) The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate to complete (ETC) Budgeted cost of work ...

EVM 101 EXAM 3 | Verified Answers 2023. Which of the following is an example of work that makes sense to measure as apportioned? General administrative support Quality control effort that can typically be estimated as a percentage of discrete manufacturing hours. Design reviews with a discrete deliverable. A short duration test with discrete completion criteria. 2) Which of the following best describes the performance measurement baseline (PMB)? The documented authorized and unautho...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

EVM 101 TEST 1-6 MODULE 1 ANSWERS. The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate ...

EVM 101 TEST 1-6 MODULE 1 ANSWERS. By comparing the budgeted cost for work performed (BCWP) and the actual cost of work performed (ACWP), program managers can determine whether or not: [Define the terms for key EVM elements: budgeted cost for work scheduled (BCWS), budgeted cost for work performed (BCWP), actual cost of work performed (ACWP), budget at completion (BAC), and estimate at completion (EAC)] The project is on budget The project is on schedule The management reserve is suffi...

EVM 101 MODULE 1 TEST