x
Info
x
Warning
x
Danger
 / 
 / 
 / 
61.The main goal of the _____ process to produce a

Question : 61.The main goal of the _____ process to produce a : 1525107

 

 

61.The main goal of the _____ process is to produce a cost baseline for measuring project performance and project funding requirements.

a.cost budgetingb.cost planning

c.cost controllingd.cost estimating

62.Which of the following is an output of the process of controlling costs?

a.Cost forecastsb.Project funding requirements

c.Basis of estimatesd.Scope baselines

63.Which of the following is an input of the process of controlling costs?

a.Cost forecastsb.Work performance data

c.Change requestsd.Scope baseline

64.The budget is one of the three values of earned value management and is also known as _____.

a.earned valueb.actual cost

c.indirect costd.planned value

65.Which of the following is true of earned value?

a.It is the actual cost plus the planned cost.

b.It is based solely on the total cost estimate to be spent on an activity.

c.It is an estimate of the value of the physical work actually completed.

d.It is also known as the planned value.

66.Variances are calculated by subtracting the actual cost from _____.

a.earned valueb.schedule variance

c.planned valued.rate of performance

67.Cost variance is:

a.the planned value plus actual costs.

b.the earned value minus the actual cost.

c.the rate of performance minus earned value.

d.the planned value minus the rate of performance.

68.Schedule variance is:

a.the earned value minus the planned value.

b.the earned value minus the actual cost.

c.the planned value plus the earned value.

d.the planned value plus the rate of performance.

69.The cost performance index (CPI):

a.indicates that a project is under budget if CPI is less than one.

b.can be used to estimate the projected cost of completing the project.

c.indicates that the planned and actual costs are equal if CPI is more than one.

d.is the ratio of earned value to planned value.

70.Which of the following is true of the schedule performance index (SPI)?

a.It can be used to estimate the projected time to complete the project.

b.It means that a project is behind schedule if an SPI is greater than one.

c.It means that a project is ahead of schedule if SPI is lesser than one or hundred percent.

d.It is the ratio of planned value to actual costs.

Completion

 

Solution
5 (1 Ratings )

Solved
Computer Science 2 Weeks Ago 26 Views
This Question has Been Answered!
Unlimited Access
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
154049 Computer Science Questions Answered!
Post a Question