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QUESTION NO: 1
What would be the cost performance index if BCWP =350, ACWP = 400, and BCWS = 325? Note:
Budgeted Cost of
Work Performed (BCWP), Actual Cost of Work Performed (ACWP) and Budget Cost of Work Schedule
(BCWS)
A. 0.813
B. 1.078
C. 1.143
D. 0.875
Answer: D
QUESTION NO: 2
Which technique would you be using if you analyze which sequence of activities has the least amount of flexibility when you need to predict project duration?
A. Critical path
B. Dependency diagramming
C. PERT
D. Gantt chart
E. Monte Carlo method
Answer: A
QUESTION NO: 3
Taking the following table into account, where would corrective action be MOST effective when you make use of Pareto's Rule?
Origin of Problem Percent of Problems
Design 60
Development 15
Prototype 10
Testing 10
Fabrication 5
A. Development
B. Prototype
C. Fabrication
D. Design
E. Testing
Answer: D
QUESTION NO: 4
Which of the following describes Fast Tracking?
A. Circumventing loopholes.
B. Developing workarounds for previous problems.
C. Increased project risk.
D. Getting people to work longer hours in overtime.
E. Meeting schedule objectives by adding resources.
Answer: C
QUESTION NO: 5
When preparing the probability distribution of cost outcomes for a project, what is the estimate with a 15% probability of being exceeded approximately one standard deviation ___________?
A. Above the mean.
B. Below the mean.
C. Below the median.
D. Above the median.
Answer: A
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Updated: May 27, 2022