
Week 8 - EVM
Quiz
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Information Technology (IT)
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University
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Practice Problem
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Medium
Taiwo Adedeji
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A project has an EV of £2.25k and an AC of £2.5k. What does the resulting CV indicate about the project's cost?
The project is under budget
The project is on budget
The project is over budget
The cost status cannot be determined
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a project’s SPI is calculated as 75%, which scenario best describes its schedule performance?
The project is behind schedule
The project is ahead of schedule
The project is on schedule
The project schedule cannot be assessed
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During an app development project, AC is £3.25k, PV is £3k, and EV is £2.75k. What does SPI reveal about delivery?
The project is progressing faster than planned
The project is behind schedule
Delivery is on track
Delivery progress is unknown
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A team uses EVM but fails to establish a baseline before tracking progress. Which essential EVM data dependency is missing?
Actual cost
Earned value
Planned value
Schedule variance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How would using EVM in Agile project management most likely differ from traditional settings?
EVM cannot coexist with Agile practices
Agile requires continuous re-baselining for effective EVM
Agile only tracks profit margins, not EVM metrics
EVM implementation in Agile is fully automated and simple
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