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“In the calendarized schedule for building your dream cabin, at the end of week 5 EV = $88,000, PV = $70,500, and BAC = $156,250. If AC was $72,400 at the end of week 5, what is the CV?”,”$15
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“In the calendarized schedule for[…]
Read more“As the team continues to execute the project, when should you monitor the risk register?”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“As the team continues to[…]
Read more“In the calendarized schedule for building your dream cabin, at the end of week 5 EV = $88,000, PV = $70,500, and BAC = $156,250. If AC was $72,400 at the end of week 5, what is the SV?”,”$17
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“In the calendarized schedule for[…]
Read more“Which of the following is an effective method for monitoring project scope?Revising the schedule frequentlyAnalyzing project varianceGathering performance dataHolding regular status report meetingsIncorrect. When differences between actual performance and the baseline scope are identified, the variance must be analyzed to determine whether a change in scope is warranted. However, analyzing the variance is not a monitoring approach.”
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Read more“Tyrone, a project manager at a computer firm, needs to monitor the schedule of a critical project. What should Tyrone do first?Identify major scope creepAnalyze the completion status of activitiesCalculate all schedule variancesDevelop a schedule baselineIncorrect. A schedule baseline is developed before the project begins and is used for making comparisons when monitoring the schedule.”
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Read moreWhich of the following indicates project expenses and the time period in which they will be incurred?Calendarized budgetWork performance dataBudget varianceEarned value analysisIncorrect. The process of assessing the work completed is called earned value analysis.
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Which of the following indicates[…]
Read more“Elliot, a project manager at an IT firm, needs to monitor the costs of a project and wants to know the source of any variances. Elliot should.Incorrect. Using EVA allows the project manager to compare the actual WBS work activities completed to the actual expenditures. Monitoring project costs should be based on actual expenditures rather than estimates.”
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Read more“During the execution of a project, which of the following would be an effective activity for monitoring project risk?Forming risk assessment teams to execute appropriate solutionsDeveloping a risk register to identify and document potential risksRemoving risks from the risk register if they are no longer a threatBrainstorming and documenting solutions for solving potential risksIncorrect. During project planning, potential project risks are identified and solutions are documented. This information should be in the risk register before a project begins.”
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Read moreEarned value management (EVM)
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Earned value management (EVM) is[…]
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