You are the project manager of the GHY Project. This project is scheduled to last for one year and
has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are
upposed to be at your second milestone, which accounts for half of the project completion. There
have been some errors in the project, which has caused you to spend $2,073,654. Based on the
estimate at completion, what is this project’s to-complete performance index?
A.
-$108,120
Analogous
B.
1.02
Hanger
C. Gary is the project manager for his organization. The projects that Gary manages for project
$4,608,120
TCPI indicates the future required cost efficiency needed to achieve a target EAC (Estimate At
Complete).Once approved, the EAC supersedes the BAC as the cost performance goal. Any
significant difference between TCPI and the CPI needed to meet the EAC should be accounted for
by management in their forecast of the final cost. The formula for TCPI is as follows: TCPI =
{(BAC-EV)/(BAC-AC)}
Answer option B is incorrect. This is the value of TCPI using the BAC approach.
Answer option C is incorrect. This is the estimate at completion for this project.
Answer option A is incorrect. -$108,120 is the variance at completion
QUESTION 213
customers are often very similar in nature so Gary uses a schedule network template to help plan
the project work. For Gary’s current project, he has used a network template that includes just a
portion of the project work adapted to the current project. When Gary uses a portion of a network
template diagram this is called what term?
Fragment network
D.
0.98
Parametric
C. Gary is the project manager for his organization. The projects that Gary manages for project
$4,608,120
TCPI indicates the future required cost efficiency needed to achieve a target EAC (Estimate At
Complete).Once approved, the EAC supersedes the BAC as the cost performance goal. Any
significant difference between TCPI and the CPI needed to meet the EAC should be accounted for
by management in their forecast of the final cost. The formula for TCPI is as follows: TCPI =
{(BAC-EV)/(BAC-AC)}
Answer option B is incorrect. This is the value of TCPI using the BAC approach.
Answer option C is incorrect. This is the estimate at completion for this project.
Answer option A is incorrect. -$108,120 is the variance at completion
QUESTION 213
customers are often very similar in nature so Gary uses a schedule network template to help plan
the project work. For Gary’s current project, he has used a network template that includes just a
portion of the project work adapted to the current project. When Gary uses a portion of a network
template diagram this is called what term?
Fragment network
A.
-$108,120
Analogous
B.
1.02
Hanger
C. Gary is the project manager for his organization. The projects that Gary manages for project
$4,608,120
TCPI indicates the future required cost efficiency needed to achieve a target EAC (Estimate At
Complete).Once approved, the EAC supersedes the BAC as the cost performance goal. Any
significant difference between TCPI and the CPI needed to meet the EAC should be accounted for
by management in their forecast of the final cost. The formula for TCPI is as follows: TCPI =
{(BAC-EV)/(BAC-AC)}
Answer option B is incorrect. This is the value of TCPI using the BAC approach.
Answer option C is incorrect. This is the estimate at completion for this project.
Answer option A is incorrect. -$108,120 is the variance at completion
QUESTION 213
customers are often very similar in nature so Gary uses a schedule network template to help plan
the project work. For Gary’s current project, he has used a network template that includes just a
portion of the project work adapted to the current project. When Gary uses a portion of a network
template diagram this is called what term?
Fragment network
D.
0.98
Parametric
Explanation:
The to-complete performance index when based on the estimate at completion uses the formula
(BAC-EV)/(EAC-AC). In this instance, the answer is 0.98, which means the project is likely to
reach its performance objectives. To-complete Performance Index (TCPI) is the measured
projection of the anticipated performance required to achieve either the BAC or the EAThis is an example of a fragment network. By adapting the network template to the current project
and just using a portion of the template, the template is fragmented. A schedule network diagram
template is used to speed up the preparation of networks of project activities. It comprises of the
whole project, or a portion of the project activity. The various parts or portions of a project
schedule network diagram are known as a subnetwork or a fragment network. When projects have
related necessities and components, project managers can develop more efficient network
diagrams by using the schedule network diagram templates.
Answer option D is incorrect. Parametric is an estimating technique that uses a parameter, such
as $199 per installation, for a group of installation activities.
Answer option A is incorrect. Analogous estimates use historical information to predict the cost or
duration of the current project.
Answer option B is incorrect. While this term, sometimes, describes a task within the project
network diagram that does not connect to other paths, it is not a valid term.