WorksheetsQuiz Review Project Cost Management
Total questions: 10
Worksheet time: 5mins
CPI = 0.85 and AC = 120,000 and PV = 100,000 then SPI = ? Select one.
0.70
1.02
1.41
0.90
__________________ is a project performance measurement technique that integrates scope, time, and cost data. Select one.
Earned value management
Reserve analysis
Life cycle costing
Project cost budgeting
____ = BAC/CPI Select one.
ETC
EAC
AC
SPI
If CPI is 0.58, it means the project is: Select one.
Ahead Schedule
Under Budget
Over Budget
Behind Schedule
Project is behind schedule if: Select one.
CPI < 1
CPI >= 1
SPI >= 1
SPI < 1
You are currently determining budget for your project. You have rolled up the costs of all work packages into total cost of 50 Million USD. Your management has approved a 5 Million USD Contingency Reserve and 3 Million management reserve for this project. What is your project cost baseline? Select one.
58 Million USD
50 Million USD
53 Million USD
55 Million USD
Correct Formula for CPI is ... Select one.
CPI = EV/PV
CPI = EV-AC
CPI = EV-PV
CPI = EV/AC
Work Performance Data is an input which process? Select one.
Control Cost
Determine Budget
Estimate Cost
Plan Cost Management
Correct Formula for SPI is ... Select one.
SPI = EV/PV
SPI = EV-PV
SPI = EV/AC
SPI = EV-AC
Below are processes in cost management except Select one.
Plan Cost Management
Control Cost
Determine Cost
Determine Budget
