Project Controls PC 12 Rev 05

Variance thresholds are an important component of any project change management plan. 

• True

• False

Variance Thresholds hold the key to measuring the health of a project inclusive of Scope and which other 2 project constraints?

• Schedule

• Lessons Learned

• Budget

• Assumptions

To perform what ? you must have a WBS, a detailed project schedule, and a budget (by phase or time period) for the work planned.

• Earned Value Analysis

• Project Manager

• Stakeholder Analysis

• None of the options listed

"The amount needed for the work" describes what ?

• BAC

• CPI

• SV

• Planned Value

"What did you actually complete" describes what ?

• Earned Value

• SPI

• Burn Down Chart

• S-Curve

"How much did it cost you to complete the work" describes what ?

• Budget

• Resource Calendar

• Actual Cost

• Class 2 Estimate

Collecting data from various sources and converting it into a presentable format for modelling and making predictions is referred to as ?

• Data Specification

• Data Downloading

• Data Control

• Data Mining

What is the arithmetic term, more commonly known as “the average,” is the sum of a list of numbers divided by the number of items on the list.

• Mean

• Median

• Mode

• Logarithm

six sigma has a an error tolerance of 3.44444 variance's per Million ?

• True

• False

What are a combination of bar and line graphs, to display values of one variable in descending order as bars, and cumulative values of all variables in a category, left to right, as a line graph.​

• Histogram

• S-Curve

• Pareto Chart

• Gantt Chart