Question 1
Question
BAC=300; PV=200;AC=220;EV=100
If the future work is assumed to be performed at an efficiency rate that considers both the cost and schedule performance indices what is the EAC (Estimate At Completion).
Question 2
Question
BAC=300; PV=200;AC=220;EV=100.
If you future work is assumed that it will be similar to current variance , the VAC (variance At Ccompletion) is.
Question 3
Question
In a project, Earned Value is half of the Planned Value. Actual cost is double the Planned Value. Comment on the cost and schedule performance of the project.
Answer
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on schedule, on cost
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ahead of schedule, under cost
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behind schedule, over cost
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behind schedule, on cost
Question 4
Question
You are a Project manager for a road construction project to lay a road of length 20km.
The budget for 1km road is $4000. half way down 10km road has been laid but the actual cost is $60,000.
Assuming the current variance will continue in the future what is the Estimate At Completion(EAC)?
Answer
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$120,000
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$100,000
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$40,000
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$60,000
Question 5
Question
A project's PV,EV and AC values are shown in this picture. What is the cost and schedule performance of the project?
Answer
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behind schedule, over cost
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behind schedule, on cost
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on schedule, on cost
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ahead of schedule, under cost
Question 6
Question
A project's estimated VAC = -$10,000. The BAC of the project = $50,000 and the ETC pending works = $15,000. What is AC till date?
Answer
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$25,000
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$45,000
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$40,000
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$35,000
Question 7
Question
In your project, currently there are variances, which are not expected to occur in the future. What is the EAC of your project? BAC = $400,000; AC = $250,000; EV = $200,000; CPI = 1.25
Answer
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$320,000
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$750,000
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$450,000
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$600,000
Question 8
Question
CPI = 1.5, SPI = 0.8
What about the cost and schedule performance of the project?
Answer
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on schedule, on cost
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behind schedule, over cost
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behind schedule, under cost
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ahead of schedule, on cost
Question 9
Question
SV = 4000 and CV = 0.
What is the cost and schedule performance of the project?
Answer
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ahead of schedule, under cost
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behind schedule, on cost
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ahead of schedule, over cost
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ahead of schedule, on cost
Question 10
Question
In a project , PV > EV and AC > EV.
Which of the following is true?.
Answer
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Cost performance alone is good
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Schedule performance alone is not good
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Both cost and schedule performance are good
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Both cost and schedule performance are not good