WorksheetsPC12 Week 1 - Quiz A - Variance
Total questions: 13
Worksheet time: 13mins
Name
Class
Date
1.
What is a cost variance?
a)
Difference between actual and planned costs
b)
Difference between actual and planned schedule
c)
Difference between actual and planned quality
d)
Difference between actual and planned resources
2.
What does SPI stand for in project management?
a)
Schedule Performance Index
b)
Schedule Planning Index
c)
Scope Performance Index
d)
Scope Planning Index
3.
Which factor can cause a cost variance?
a)
Accurate scope definition
b)
Correct distribution of funds
c)
Excessive front-loading of costs
d)
Efficient resource management
4.
What is CPI used to measure?
a)
Cost Performance Index
b)
Cost Planning Index
c)
Critical Path Index
d)
Critical Planning Index
5.
Which issue is an example of a schedule variance?
a)
Performing work in the correct sequence
b)
Accurate cost estimates
c)
Rework due to poor quality management
d)
Efficient use of labour
6.
What is a false variance?
a)
Baseline misalignment
b)
Material price increases
c)
Adverse weather
d)
Labour productivity issues
7.
Which of the following can lead to a real variance?
a)
Data entry errors
b)
Unapproved baseline changes
c)
Baseline misalignment
d)
Schedule delay due to adverse weather
8.
What is an effective way to distinguish between real and false variances?
a)
Ignore baseline accuracy
b)
Only rely on one data source
c)
Analyse trends over time
d)
Avoid site team engagement
9.
What issue can cause a schedule variance?
a)
Correct equipment usage
b)
Labour shortage
c)
Efficient labour use
d)
Detailed scheduling
10.
Which of the following is an example of poor project planning?
a)
Accurate progress reporting
b)
Inefficient labour use
c)
Correct sequencing of tasks
d)
Detailed scheduling
11.
What is a key element monitored in project control?
a)
Profit
b)
Time/Schedule
c)
Personal opinions
d)
Social media trends
12.
How can excessive use of premium wages affect a project?
a)
Increase efficiency
b)
Reduce costs
c)
Cause cost variances
d)
Improve quality
13.
What is a likely consequence of performing work out of sequence?
a)
Efficient project completion
b)
Schedule delays
c)
Reduced labour costs
d)
Improved quality
100 %
