Related Questions

• Which of the following are outputs of the Control Costs process? (select two)
• Which of the following is a tool or technique used in the Control Costs process?
• Which is better, a schedule performance index of 0.80 or 1.2?
• What is the budget for planned work at a given point in time referred to as?
• 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:
• Rob was asked by his PMO Director to review his projects and calculate each of their TCPIs. The first project he reviewed was currently on or ahead of plan, what is its resultant TCPI and what does this ratio of efficiency tell his director about the project; given the following data: AC=$110,000, BAC=$125,000, and EV=$105,000.
• 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 are behind on both planned cost and schedule?
• If the earned value is $1000 and the actual cost is $2000, what is the cost performance index?
• Formula for Cost Variance
• Jeb knows that when planning a project the following conditions are historically valid. It usually takes 2 months to gather specifications, get alignment amongst key stakeholders, and draft initial plan. He also knows that during the holiday season most activities shut down during Thanksgiving/Christmas/New Years so project planning during this time of the year usually can elongate out planning to 4 months. If we start gathering specifications early enough before Halloween, we can typically cut our 4 month timeframe down to 3 months. Using 3 point estimating technique which of the answers below is the most likely outcome?