Cost Management (7)

Question 1

CV

Answer 1

Cost Variance EV - AC

Question 2

SV

Answer 2

Schedule Variance EV - PV

Question 3

CPI

Answer 3

Cost Performance Index EV/AV

Question 4

SPI

Answer 4

Schedule Performance Index EV/PV

Question 5

EAC

Answer 5

Estimate at Completion
AC + bottom-up ETC
BAC/CPI
AC + (BAC - EV)
AC + (BAC - EV)/(SPI * CPI)

Question 6

TCPI

Answer 6

To Complete Performance Index

BAC - EV) / (BAC - AC

Question 7

ETC

Answer 7

Estimate To Complete EAC - AC or reestimate

Question 8

VAC

Answer 8

Variance at Completion BAC - EAC

Question 9

types of cost

Answer 9

variable, fixed, direct, indirect

Question 10

accuracy of estimates - rough order of magnitude estimate

Answer 10

+/- 50%

Question 11

accuracy of estimates - budget estimate

Answer 11

-10 to +25%

Question 12

accuracy of estimates - definitive budget

Answer 12

+/- 10%