Module 12 Execution & Control

Question 1

Question 1 of 201.0/ 1.0 Points
The Planned Value (PV) of a project is $10,000. the Actual Cost (AC) is $5,000, and the Earned Value (EV) is $15,000. What is the value of the cost performance index?

A. $20,000
B. 2
C. $5,000
D. 3

Answer 1

D. 3

Question 2

All of the following accurately describe earned value management EXCEPT:

A. It is used to make predictions concerning the project schedule and cost control until the project’s conclusion.
B. It is good for performance reporting but not for forecasting
C. It is used as a decision-making tool.
D. It enables a project team to understand progress in terms of both cost and schedule.

Answer 2

B. It is good for performance reporting but not for forecasting

Question 3

This Agile project reporting tool is useful to Scrum Masters as it projects how close to plan the team is within a given time box, by providing a graphical representation of work effort remaining in an iteration versus the days left in an iteration.

A. Run chart
B. Burndown chart
C. Control chart
D. Progress report

Answer 3

B. Burndown chart

Question 4

During schedule and cost control, when comparing performance to the schedule and cost baselines, if schedule or budget has changed these changes should be:

A. reviewed with the customer or sponsor to obtain approval for additional funding
B. implemented immediately and reported as variances from baseline in the next status report
C. formally recommended and managed through the integrated change control system
D. added to the original baselines, and baseline changes made to reflect the new status

Answer 4

C. formally recommended and managed through the integrated change control system

Question 5

Which statement about processes in the monitoring and controlling process group is most true?

A. They are optional, depending on the needs of the project.
B. They may be invoked at any time during a project.
C. They are primarily concerned with performing, monitoring, and reporting on the work of the project.
D. They happen at the same time as the executing process group.

Answer 5

B. They may be invoked at any time during a project.

Question 6

The process “Direct and Manage Project Work” is best described as:

A. track, review and regulate project progress
B. make relevant information available as planned
C. process of leading & performing the work defined in the project plan and implementing approved changes to achieve the project’s objectives.
D. review change requests and manage changes to baseline

Answer 6

C. process of leading & performing the work defined in the project plan and implementing approved changes to achieve the project’s objectives.

Question 7

Work to be performed can come from the work package level of the work breakdown structure as well as other sources. Which of these is NOT a source of authorized work to be performed?

A. Corrective actions
B. Preventive actions
C. Scope creep
D. Defect repairs

Answer 7

C. Scope creep

Question 8

Which of the following is the most appropriate thing to do during the executing process group?

A. Define activities.
B. Develop project charter
C. Perform quality assurance.
D. Hold a final lessons learned review.

Answer 8

C. Perform quality assurance.

Question 9

Which of the following activities is not part of control schedule?

A. Try to avoid schedule slips.
B. Manage changes to schedule baseline.
C. Distribute information on schedule performance.
D. Monitor status of project progress.

Answer 9

C. Distribute information on schedule performance.

Question 10

With respect to performance reporting, which of these are the actual and raw observations and measurements gathered during execution of project activities?

A. Work performance information
B. Work performance data
C. Work performance reports
D. Work performance analysis

Answer 10

B. Work performance data

Question 11

Some organizations rely upon a formal group authorized and responsible for reviewing, evaluating, approving, delaying, or rejecting any changes to any aspect of the project plan by following a formal communication method of documenting the decision process. This group is typically known as a:

A. project evaluation committee.
B. change control board.
C. steering committee
D. stakeholder review board.

Answer 11

B. change control board.

Question 12

When an activity takes two days instead of the expected three, the Schedule Variance (SV) is:

A. 0
B. 5
C. -1
D. 1

Answer 12

C. -1

Question 13

Work performance reports have:

A. baseline data and performance information
B. resource performance indicators
C. quality assurance and quality reports
D. business plan with project schedule and cost baselines

Answer 13

A. baseline data and performance information

Question 14

Typically, what does a project manager spend the most time doing when directing and managing project work?

A. Updating the baseline.
B. Monitoring progress of work packages.
C. Writing reports.
D. Communicating or facilitating communication

Answer 14

D. Communicating or facilitating communication

Question 15

While the manage communications process is underway, effective information distribution often requires the project manager and team to accomplish all of the following activities EXCEPT:

A. report progress to all stakeholders
B. determine any information needs not already uncovered
C. collect information on executed work and work in progress
D. develop responses to identified risks

Answer 15

D. develop responses to identified risks

Question 16

Monitor Communications is the process of ensuring the information needs of the project and its stakeholders are met and typically includes all of the following EXCEPT:

A. Using a PM information system
B. forecasting future performance.
C. status reporting.
D. identifying team members in the communications process

Answer 16

D. identifying team members in the communications process