PC12 - Week 1 - Variance, CPI, SPI Final Quiz

What is Schedule Variance (SV)?

• Difference between BCWP and ACWP
• Difference between BCWS and ACWP
• Difference between BCWP and BCWS
• Difference between ACWP and PV

Which of the following indicates a project is behind schedule?

• Positive SV
• Negative SV
• Positive CV
• Negative CV

What does a positive Cost Variance (CV) indicate?

• Project is over budget
• Project is on budget
• Project is ahead of schedule
• Project is under budget

What does the Cost Performance Index (CPI) measure?

• Schedule efficiency
• Cost efficiency
• Labour efficiency
• Equipment efficiency

What is the purpose of an S-Curve in project management?

• To track individual tasks
• To monitor cumulative project progress
• To manage team communication
• To allocate resources

Which software is commonly used to generate S-Curves?

• Excel
• Primavera P6
• AutoCAD
• Photoshop

What does a steep rise in ACWP without a corresponding increase in BCWP suggest?

• Cost underrun
• Efficient use of resources
• Cost overrun
• Schedule adherence

What does a Schedule Performance Index (SPI) of 1 indicate?

• Project is ahead of schedule
• Project is behind schedule
• Project is exactly on schedule
• Project is over budget

What can cause a false variance in project control?

• Material price increases
• Data entry errors
• Adverse weather
• Labour strikes

What is front-loading in project management?

• Delaying tasks until the end
• Overfunding early tasks
• Allocating resources evenly
• Underfunding initial tasks