Which of the following equations is used to calculate cost variance?
Which of the following equations is used to calculate cost variance?
What is the ETC for this project?
Amy works as a project manager for BlueWell Inc. She is working on the SDI project, which has a
BAC of $2,816,000. She is currently 20 percent complete with this project, though she should be
25 percent complete with the project work. The project has consumed $495,000 of the project
budget to date. Management has asked her the project’s Estimate To Complete (ETC) based on
the current project performance. What is the ETC for this project?
what is the calculated expected activity cost (CE) when using PERT?
Given the following values, what is the calculated expected activity cost (CE) when using PERT?
CO= $7,000
CM= $10,500
CP= $11,000
Who among the following is responsible for implementing the risk responses or contingency plan?
Harry works as a project manager for BlueWell Inc. A risk that has been identified and analyzed in
the project planning processes is now coming into fruition. Who among the following is responsible
for implementing the risk responses or contingency plan?
What is the expected activity cost for a projecct having a most likely cost of $140, a best case scenario of $
What is the expected activity cost for a projecct having a most likely cost of $140, a best case scenario of $115, and a worst case scenario of $165?
how much will Donna have left in the risk contingency reserve if none of the other risk events have happened?
Donna is the project manager of the QSD Project and she believes Risk Event D in the following
figure is likely to happen.
If this event does happen, how much will Donna have left in the risk contingency reserve if none of
the other risk events have happened?
What does a SPI value greather than 1.0 indicates?
What does a SPI value greather than 1.0 indicates?
what type of source selection process?
You are the project manager of the NHQ Project and are trying to determine which seller you
should choose for the project. You have received proposals from six vendors and they are all very
good proposal, qualified to complete the project work, and the prices are close to the same. You
would like to create method of ranking each vendor based and assign a score value to several
different categories. Because the project is a high-profile project, you have assigned 25 points to
experience and 10 points for all of the other categories to judge the vendors. This is considered
what type of source selection process?
Total funding requirements and periodic funding requirements are derived from:
Total funding requirements and periodic funding requirements are derived from:
Which of the following techniques of the activity process is Frank using in this example?
Frank is the project manager in BlueWell Inc. He is working with his project to subdivide the
project work packages into smaller, more manageable components. He and the project team are
planning in detail all of the things the team will need to create, purchase, or do in order to satisfy
the project scope. Management is concerned with the activity which Frank is using in this scenario,
as they believe that Frank is taking too long to complete this pre-execution activity. Which of the
following techniques of the activity process is Frank using in this example?