Related Questions

• True or False: In general, an index greater than one indicates performance is better than expected?
• Joe was asked by his PMO Director to take over a project which had the following earned value calculated data. Is Joe being given a well managed project on budget and on schedule? EV=$125,000, AC=$100,000, and PV=$90,000
• 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.
• 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?
• True or False: All projects fall within budget?
• If variance is outside of the pre-defined variance threshold, what should be done to re-baseline?
• After the acquisition of the Dongle Company, the project portfolio was reviewed. During the review it was noted that the Cost Performance index looks like the following: .8, .5, .75, .7, .9, 1.35 1.2, .7, 1.4, and .8. If their policy is to cut any projects underperforming or above planned cost; what percentage of projects will be cut?
• True or False: Controlling the cost baseline is NOT concerned with recording the costs spent?
• If earned value is $2500 and planned value was $500, what is the schedule performance index?
• What is the ratio of the earned value to the planned value called?