Last lesson quizizz

A major difficulty in using EVA is how to estimate the .....

• planned cost

• total planned budget

• duration of the tasks

• % completion of the tasks

In the EVA calculations, which of the following computations must be done first to predict future performance.

• CV

• SV

• CV & SV

• CPI & SPI

EVA is used to monitor project progress and to determine corrective actions. As such, a one-time calculation of all the indices is sufficient.

• True

• False

EVA is powerful tool in project management because it measures progress in project's .....

• cost

• schedule

• quality

• team work

In risk management, we focus on risks with .....

• highest probability

• highest impact

• highest severity

• highest manpower needs

The major objective of risk management for adverse events is to .....

• maximize the probability

• minimize the probability

• minimize the impact

• maximize the impact

The phase of project management where we focus on transfer of risk knowledge.

• Initiating

• Executing

• Closing

• All phases

The size of the bubble in the risk assessment graph indictes:

• highest probability

• highest impact

• highest severity

• highest free float

The typical sequence of document flow in procurement

• RFQ - RFI - RFP

• RFP - RFQ - RFI

• RFI - RFP - RFQ

• No standard sequence

The contract type that put the highest risk on the seller

• Time & Material contract

• Cost-Plus

• Fixed Price