Related Questions

• Descriptions of strategic funding choices and procedures for project cost recording are called __________.
• The key to effective cost control is:
• Harriet has a project that was scheduled for 10months. The Planning section took 2 months, The Execution phase took 6 months, and the final phase is still open. Harriet estimates that the project is 90% complete. What is the status of the project?
• Which plan defines how the budget will be maintained and managed?
• Harry was asked by his Manager to review the project that just closed and provide the variance at completion. Based on the following parameters, what was the VAC condition? BAC=$180,000 and CPI =.60.
• Jeremiah has 3 projects, with the following conditions: Project 1 _ CPI=.8 & SPI =.9 Project 2- CPI=1.1 & SPI=.8 Project 3 _ CPI= 1.0 & SPI=1 Which of his projects is under planned cost but behind in schedule?
• Formula for Cost Variance
• The Director of PMO has lost several project managers in the last month. He has calculated the Schedule Variance of 5 projects. .8, .5, 1.2, 1.0, and .9. How many projects are ahead of schedule and how many are behind?
• Skillset Inc.'s Project Portfolio consists of projects which are revenue generators, continuous improvement, and new product transfers. One project in particular has been running over budget but ahead of schedule, which set of parameters below accurately describes this condition:
• Bill is asked to do provide an Earned Value of his project to the Executive Team by next week. In his calculation he has used both the anticipated work completed as well as the actual work completed and finds that the results for SPI is 1.5 and CV is +100. What does this tell him and how should he prepare for his meeting with Executive Team next week: