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Detail Form
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1.
Which of the following represents the BEST process to accomplish resource planning?
2.
When preparing the probability distribution of cost outcomes for a project, what is the estimate with a 15% probability of being exceeded approximately one standard deviation ___________?
3.
What would be the cost performance index if BCWP =350, ACWP = 400, and BCWS = 325? Note:Budgeted Cost of Work Performed (BCWP), Actual Cost of Work Performed (ACWP) and Budget Cost of Work Schedule (BCWS)
4.
Taking the following table into account, where would corrective action be MOST effective when you make use of Pareto's Rule? Origin of Problem Percent of Problems
Design 60
Development 15
Prototype 10
Testing 10
Fabrication 5
Design 60
Development 15
Prototype 10
Testing 10
Fabrication 5
5.
Which of the following are included in cost control? (Choose all that apply.)
6.
Which of the following statements depicts the key difference between contract close-out and administrative closure?
7.
Which of the following factors are NOT included in cost control?
8.
The "Cost of quality" project management concept includes ____?
9.
Consider the following situation: The customer was given a monthly report that indicates zero schedule variance. One of the teams members are aware of at least one milestone that has not been achieved. This missed milestone will result in an overall delay in the project. Which of the following items were not reported on adequately?
10.
Which of the following statements BEST describes what project progress reports are?