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WorksheetsProject Management Pop Quiz 2
Total questions: 20
Worksheet time: 59mins
If the schedule variance is positive and the cost variance is negative, the project’s status is:
Over budget and behind schedule
Over budget and ahead of schedule
Under budget and behind schedule
Under budget and ahead of schedule
Which of the following terms is used to determine the trend on cost?
CV
EAC
CPI
AC
If PV = $100, EV = $200 and AC = $300, the status is:
Over budget and behind schedule
Over budget and ahead of schedule
Under budget and behind schedule
Under budget and ahead of schedule
If SPI = 1.05 and CPI = 0.96, the project’s trend is:
Over budget and behind schedule
Over budget and ahead of schedule
Under budget and behind schedule
Under budget and ahead of schedule
Earned value measurement systems must be capable of:
Measuring resources consumed
Measuring status and accomplishment
Provide a basis for diagnosis and replanning
All of the above
Which of the following is normally not one of the three parameters considered during tradeoffs?
Time
Cost
Performance
Financial risks
Which of the following is a human error / failure that can lead to tradeoffs?
Impossible schedule commitments
Poor control of design changes
Failure to receive approvals in a timely manner
All of the above
Cost and schedule overruns are generally caused by scope changes
True
False
Proper risk management is reactive rather than proactive.
True
False
Brainstorming, assumption analysis and WBS decomposition are techniques used for:
Risk identification
Risk assessment
Risk monitoring and control
Risk handling
Risk and Knowledge are inversely related.
True
False
In which project life cycle phase does quality begin?
Initiation / planning
Execution
Monitoring & control
Closure
A document that states the principles of quality would be a quality _____.
Policy
Procedure
Plan
All of the above
The two primary components of a risk are:
The event and the probability
The probability and the impact
The impact and the event
The impact and the amount at stake
Risk constitutes a lack of knowledge _____.
Of future events
About the environment
About the estimates
About the customer’s requirements
Assigning high, medium or low to a potential risk is part of:
Risk identification
Quantitative risk assessment
Qualitative risk assessment
Risk response
Risk mitigation or control does not eliminate a risk but seeks to reduce it without altering the requirements.
True
False
Earned value measurement is a technique suitable for risk monitoring and control
Yes
No
Which of the following would be a typical limitation to a learning curve?
The learning curve does not continue forever
Learning gained on one product cannot be transferred to another product.
Cost data may not be available to construct a learning curve
All of the above
Which of the following is a valid source of experience for learning curve?
Labor efficiency
Product redesign
Worker incentives
All of the above
