PC11 Week 5 Measuring and Controlling Progress

What is the first step in the unit completion approach to measuring progress?

• Identify Measurable Components
• Establish Unit Definitions
• Link Units to Schedule
• Review

What is the benefit of implementing the units completed approach to measuring progress?

• Precise tracking
• Enhanced communication
• Clear and measurable indicators
• Transparent reporting

Which method of progress measurement does not allow for status updates during task execution?

• Start/Finish method
• Percentage allocation method
• Incremental milestones method
• Planned cost method

What does the cost ratio in the cost-ratio approach indicate when it is equal to 1?

• Project is under budget
• Project is over budget
• Project is exactly on budget
• Project has no cost overrun or underrun

What can the cost ratio in the cost-ratio approach be used for?

• Monitoring cost performance
• Forecasting cost overruns
• Project reporting
• All of the above

What is the main limitation of experience/opinion as a method of progress data collection?

• Subjectivity
• Low risk tasks
• Robustly optimistic assessments
• Undervaluation

Which method of data capture is automated and uses RFID tags or IoT sensors?

• Manual data capture
• Primavera P6
• Mobile apps
• Automated data capture

What is the purpose of data validation in project control?

• Ensuring consistency and accuracy
• Facilitating informed decision-making
• Maintaining data integrity
• All of the above