24-25 Earn Value Test (complete)

The prom committee is having a contest to design the invitation and poster for this year's prom. To ensure getting the design to the printer by the January 15th deadline, the committee is holding the contest in November. This is an example of:

• analogous estimating.

• parametric estimating.

• three-point estimating.

• reserve analysis estimating.

Adam's Construction has accepted a contract to build a six-story office building. The company is using a timeline from a two-story building project the company completed in the previous month to develop the schedule for this project. Adam's Construction is using:

• analogous estimating.

• parametric estimating.

• three-point estimating.

• reserve analysis.

Maria determines the project duration by overestimating what she calculates by 15%. Maria is using:

• analogous estimating.

• parametric estimating.

• reserve analysis estimating.

• three-point estimating.

Gwen is leading a Web design project and has determined that the optimistic time for completion is 2 months, the pessimistic time is 12 months, and the likely time for completion is 5 months. Using three-point analysis (TE = (O + 4L + P) ÷ 6), what is the expected duration for Gwen's project?

• 2.79 months

• 3.29 months

• 5 months

• 5.67 months

Dennis is unable to estimate the duration of his project with certainty, so he decides to break down the work into activities. He then adds up the total quantity for each of the activity durations. Dennis is using:

• analogous estimating.

• bottom-up estimating.

• reserve analysis.

• three-point estimating.

It took Scott's team two hours to mow and edge one acre of land. He estimates that it will take his team eight hours to mow and edge four acres of land for an upcoming project. Scott's duration estimation for this project is an example of:

• bottom-up estimating.

• parametric estimating.

• reserve analysis.

• three-point estimating.

The project manager is creating an estimate to set up an office building's electrical system. He has twenty-two years of experience managing similar projects. The client needs the estimate quickly. Which type of estimate is he most likely to provide?

• analogous estimating

• parametric estimating

• reserve analysis

• three-point estimating

Eva has been hired to landscape the new community park. She has sixteen weeks to complete the project, which will take a total of twelve weeks. Eva decides to begin the project immediately so that she has extra time for weather delays. Eva is using:

• analogous estimating.

• parametric estimating.

• reserve analysis.

• three-point estimating.

Craig would like to view a graphical representation of his project's work packages in a timeline bar chart format. Craig should create a:

• Gantt chart.

• milestone chart.

• project schedule diagram.

• schedule compression.

Which process puts more resources on the critical path?

• crashing

• fast tracking

• leading

• shortening