Related Questions

• Lisa has a project that was scheduled for 8months. The Planning section took 1 month, The Execution phase took 5 months, and the final phase is still open. Lisa estimates that the project is 80% complete. What is the status of the project?
• With regard to schedule performance index or cost performance index, which is better: An index greater than one or an index less than one?
• Which is better, a cost variance of 0, -1, -100, or -1000?
• The Director of PMO was reviewing his project portfolio which is $5,000,000. If he has 10 projects all purported to have the same budgeted value and the Cost Performance index looks like the following: .7, 1.1, 1.4, .8, .65, 1.0, 1.3, .95, 1.1, and 1.2; what does the overall average tell about his total planned cost or budget?
• After the acquisition of the Derby Company, projects evaluated, and 45% of the projects cut; the next evaluation criteria was Schedule Performance Index. The Schedule Performance index looks like the following: .78, 1.0, .9,.8, 1.3, and 1.0. If their policy is to cut any projects behind schedule; what percentage of projects will be cut?
• The key to effective cost control is:
• Which of the following are outputs of the Control Costs process? (select two)
• Examples of organizational process asset updates could include:
• Harry has one research project which is both behind schedule and slightly over budget. He has calculated the following against his project: CPI=.8, PV=$50,000, AC=$100,000, BAC=$75,000, and EV=$65,000. Which is the correct EAC calculation result for his project?
• What are tools and techniques to control costs?