Which of the following is used to measure the financial effectiveness and efficiency of a project?

Project Control Technician EPA Sample Quiz 1

Quiz
•
Construction
•
12th Grade
•
Hard
Tom Robinson
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Schedule Variance (SV)
Actual Cost (AC)
Earned Value (EV)
Cost Performance Index (CPI)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an objective of Integrated Change Control?
Managing actual change or changes as they occur
Forecasting the cost of all remaining project work
Determining that a change has occurred
Influencing the factors that create changes to ensure that changes are beneficial
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following elements belongs in the Controlling process group of the project and NOT the Planning process group?
Risk definition
Risk quantification
Risk response development
Risk control
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you want to compare the ratio of budgeted versus actual hours (or euros) spent on a task, which type of financial variable will you use?
Index
Cost
Portion
Variance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
“At a fundamental level, _________ means that a product or service meets applicable requirements (customer, regulatory, or other).” What is the missing word?
Output
Capability
Quality
Quantity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a key element of short-term planning?
What work needs to be done within the next four weeks
What were the reasons for any noncompleted work
How will the success of the completed work be measured
How the previous week’s work performed against plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which purpose applies to the ‘What If’ schedule?
To record what happens during the project life compared to baseline
To show the chances of a specific event occurring within a planned schedule
To encourage completion ahead of schedule in the short term
To ascertain the impact of scope changes on the baseline schedule
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