Related Questions

• What is an input to "estimate costs"?
• Which of the following about EV(Earned value) is NOT true?
• Which is better, a negative variance or a positive variance?
• Which of the following are outputs of the Control Costs process? (select two)
• 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
• What is the budget for work actually accomplished at a given point in time referred to as?
• Harriet has 3 projects, with the following conditions: Project 1 _ CPI=.7 & SPI =.8 and is in Closing phase of project Project 2- CPI=1.1 & SPI=.9 and is in Execution phase of project Project 3 _ CPI= 1.0 & SPI=1.0 and is in Planning phase of project Which of her projects will she most likely not be able to change the outcome?
• 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?
• True or False: In general, a negative variance indicates that performance is less than expected?
• When controlling cost for a labor contract, what is a good metric to monitor the speed at which financial resources are being consumed on the effort. This is normally tracked on a monthly rate and plotted as actuals vs planned.