Set of flashcards SAT 7

Flashcards	31
Students	25
Language	Deutsch
Category	Computer Science
Level	University
Created / Updated	26.10.2019 / 14.01.2021
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Which of the following represents the estimated value of the work actually
accomplished?

Cost variance (CV)

Actual cost (AC)

Earned value (EV)

Planned value (PV)

Cost variance (CV)

Actual cost (AC)

Earned value (EV)

Planned value (PV)

A ... compares the amount of the contingency reserves remaining to the
amount of risk remaining at any time in the project in order to determine if
the remaining reserve is adequate.

Change Request

Reserve Analysis

Risk Audit

Variance and Trend Analysis

Change Request

Reserve Analysis

Risk Audit

Variance and Trend Analysis

One common way to compute estimate at completion (EAC) is to take the
budget at completion (BAC) and:

Divide by SPI

Divide by CPI

Multiply by SPI

Multiply by CPI

Divide by SPI

Divide by CPI

Multiply by SPI

Multiply by CPI

A cost performance index (CPI) of 0.89 means:

At this time, we expect the total project to cost 89 percent more than planned.

The project is only progressing at 89 percent of the rate planned.

When the project is completed we will have spent 89 percent more than planned.

The project is only getting 89 cents out of every euro invested.

At this time, we expect the total project to cost 89 percent more than planned.

The project is only progressing at 89 percent of the rate planned.

When the project is completed we will have spent 89 percent more than planned.

The project is only getting 89 cents out of every euro invested.

If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is
the cost variance (CV)?

400

350

-50

-75

400

350

-50

-75

Which of the following is NOT a task of the Close Project phase?

Marketing of the project results

Disposition of resources

Requirements Management

Final definiotn of project boundaries

Marketing of the project results

Disposition of resources

Requirements Management

Final definiotn of project boundaries

Which of the following is NOT a task of the process 'Close Project or Phase'?

Final definition of project boundaries

Marketing of the project results

Administration of claims

Disposition of resources

Final definition of project boundaries

Marketing of the project results

Administration of claims

Disposition of resources

If earned value (EV) = 400, actual cost (AC) = 350, planned value (PV) = 325, what is the cost variance (CV)?

-25

-50

25

50

-25

-50

25

50

Which one of the following processes is NOT part of the Monitoring & Controlling Process Group?

Develop Team

Monitor Risks

Control Schedule

Cntrol Costs

Develop Team

Monitor Risks

Control Schedule

Cntrol Costs

Which of the following formulas is not correct?

SV = EV - PV

SV = EV / PV

SPI = EV / PV

CPI = EV / AC

SV = EV - PV

SV = EV / PV

SPI = EV / PV

CPI = EV / AC

Which processes are not contained by the Monitoring and Controlling Process Group?

Monitor risks & monitor stakeholder engagement

Validate scope & verify scope

Perform integrated change control & manage project knowledge

Control Costs & control quality

Monitor risks & monitor stakeholder engagement

Validate scope & verify scope

Perform integrated change control & manage project knowledge

Control Costs & control quality

The final project report contains ...

the reflection of project confilts.

Risk register

the report on project results.

WBS

the reflection of project confilts.

Risk register

the report on project results.

WBS

Validate Scope is is in the same process group as

sequence Activities

Perform Quality Assurance

Control Quality

Time Management

sequence Activities

Perform Quality Assurance

Control Quality

Time Management

If earned value (EV) = 400, actual cost (AC) = 350, planned value (PV) = 325, what is the schedule variance (SV)?

75

50

25

-25

75

50

25

-25

If earned value (EV) = 400, actual cost (AC) = 350, planned value (PV) = 325, what is the cost variance (CV)?

25

-50

-25

50

25

-50

-25

50

Which one of the following is NOT a technique/ tool of the Control Risks process?

Risk audits

Inspections

Risk reassessment

Reserve analysis

Keyboard commands:

= turn,

= for-/backward,

= scroll

Risk audits

Inspections

Risk reassessment

Reserve analysis

Budget at Completion (BAC) ...

is equal to the actual cost (AC) plus the estimate to complete (ETC) for all of the remaining work.

may be calculated based on performance to date or estimated by the project team based on other factors.

is the sum of all the budgets established for the work to be performed on a project or a work breakdown structure component or an activity.

is the value of work performed expressed in terms of the approved budget assigned to that work for an activity or work breakdown structure component.

Keyboard commands:

= turn,

= for-/backward,

= scroll

is equal to the actual cost (AC) plus the estimate to complete (ETC) for all of the remaining work.

may be calculated based on performance to date or estimated by the project team based on other factors.

is the sum of all the budgets established for the work to be performed on a project or a work breakdown structure component or an activity.

is the value of work performed expressed in terms of the approved budget assigned to that work for an activity or work breakdown structure component.

Which of the following is a task of the process 'Close Project or Phase'?

Creation of SOW

Final definition of risk responses

Final completion of work packages

Administration of claims

Keyboard commands:

= turn,

= for-/backward,

= scroll

Creation of SOW

Final definition of risk responses

Final completion of work packages

Administration of claims

A schedule performance index (SPI) of 0.76 means:

You are only progressing at 76 percent of the rate originally planned.

You are over budget.

You are only progressing at 24 percent of the rate originally planned.

You are ahead of schedule.

Keyboard commands:

= turn,

= for-/backward,

= scroll

You are only progressing at 76 percent of the rate originally planned.

You are over budget.

You are only progressing at 24 percent of the rate originally planned.

You are ahead of schedule.

If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is the
schedule variance (SV)?

-50

25

350

400

Keyboard commands:

= turn,

= for-/backward,

= scroll

-50

25

350

400

An output of the Close Project or Phase process is the creation of:

A risk analysis plan.

Project archives.

A project management plan.

A project charter.

Keyboard commands:

= turn,

= for-/backward,

= scroll

A risk analysis plan.

Project archives.

A project management plan.

A project charter.

Which processes are contained by the Closing Process Group?

Close Project or Phase and Finish Project End-Workshop

Close Project or Phase and Close Work Packages

Close Project or Phase and Close Procurements

Control Procurements and Close Procurements

Keyboard commands:

= turn,

= for-/backward,

= scroll

Close Project or Phase and Finish Project End-Workshop

Close Project or Phase and Close Work Packages

Close Project or Phase and Close Procurements

Control Procurements and Close Procurements

Estimate at completion (EAC) is a periodic evaluation of:

The value of work performed.

The anticipated total cost at project completion.

The cost of work completed.

What it will cost to finish the job.

Keyboard commands:

= turn,

= for-/backward,

= scroll

The value of work performed.

The anticipated total cost at project completion.

The cost of work completed.

What it will cost to finish the job.

Which of the following is NOT a possible criteria for the weighting within a Relevance Tree?

Required resources

Duration

Costs

Price

Keyboard commands:

= turn,

= for-/backward,

= scroll

Required resources

Duration

Costs

Price

The construction phase of a new software product is near completion. The next phases are
testing and implementation. The project is two weeks ahead of schedule. What should the
project manager be MOST concerned with before moving on to the final phase?

Control Costs

Create Performance Reports

Control Quality

Validate Scope

Keyboard commands:

= turn,

= for-/backward,

= scroll

Control Costs

Create Performance Reports

Control Quality

Validate Scope

A Records Management System is ...

part of the project management information system and used by the project team to manage contract documentation and records.

part of the project management information system and used by the project manager to manage contract documentation and records.

intended to identify weaknesses in seller‘s work processes or deliverables.

part of the resource management plan and used by the project manager to manage contract documentation and records.

part of the project management information system and used by the project team to manage contract documentation and records.

part of the project management information system and used by the project manager to manage contract documentation and records.

intended to identify weaknesses in seller‘s work processes or deliverables.

part of the resource management plan and used by the project manager to manage contract documentation and records.

Directly before the process Control Costs starts, the process .... is executed.

Control Scope

Control Communications

Control Quality

Control Schedule

Control Scope

Control Communications

Control Quality

Control Schedule

Risk Audits ...

compare technical accomplishments during project execution to the schedule of technical achievement.The project team is responsible for ensuring that risk audits are performed at an appropriate frequency.

examine and document the effectiveness of risk responses. The project team is responsible for ensuring that risk audits are performed at an appropriate frequency.

examine and document the effectiveness of risk responses. The project manager is responsible for ensuring that risk audits are performed at an appropriate frequency.

compare technical accomplishments during project execution to the schedule of technical achievement.The project manager is responsible for ensuring that risk audits are performed at an appropriate frequency.

compare technical accomplishments during project execution to the schedule of technical achievement.The project team is responsible for ensuring that risk audits are performed at an appropriate frequency.

examine and document the effectiveness of risk responses. The project team is responsible for ensuring that risk audits are performed at an appropriate frequency.

examine and document the effectiveness of risk responses. The project manager is responsible for ensuring that risk audits are performed at an appropriate frequency.

compare technical accomplishments during project execution to the schedule of technical achievement.The project manager is responsible for ensuring that risk audits are performed at an appropriate frequency.

The final project report does NOT contain ...

the reflection of project experiences.

the report on project results.

the reflection of project conflicts.

the evaluation of achievement of project objectives.

the reflection of project experiences.

the report on project results.

the reflection of project conflicts.

the evaluation of achievement of project objectives.

A manufacturing project has a schedule performance index (SPI) of 0.89 and a cost
performance index (CPI) of 0.91. Generally, what is the BEST explanation for why this
occurred?

A critical path activity took longer and needed more labor hours to complete.

Additional equipment needed to be purchased.

A supplier went out of business and a new one needed to be found.

The scope was changed.

A critical path activity took longer and needed more labor hours to complete.

Additional equipment needed to be purchased.

A supplier went out of business and a new one needed to be found.

The scope was changed.

SAT 7

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