You work as the project manager for BlueWell Inc. You are recording the activity status for your
project team’s performance in the project. Based on the current performance your project is likely
to be three months late. What type of communication should be generated based on this
performance issue?

You are the project manager of the NHQ project. Your project has a budget of $1,258,456 and is
scheduled to last for three years. Your project is currently forty percent complete though it should
be forty-five percent complete. In order to reach this point of the project, you have spent $525,000.

Management needs a performance report regarding the NHQ project. What is the planned value
for this project?

You are the project manager for the GRT Project in your organization. You have created your time
duration estimates based on historical information, but the estimates are not holding true in your
current project. Unfortunately, many activities are late. You have decided to create a PERT
estimate with your project team for each of their activities. What is the formula used for PERT?

Terri is the project manager for her organization and she is working with her project team to
develop the project schedule. She has identified the float in her project although some of the
activities where float exists may be susceptible to risk in the project execution. She is also

concerned that the critical path may change during the project if the risk events come into
execution. What scheduling method is Terri using in this example?

You work as a Project Manager for Tech Perfect Inc. You are looking for performance efficiencies
of a project. The related key values are provided in the table below:

What will be the cost variance (CV) of the project at the current point of time?