Question

Choose the closest answer a, b, c ord for the following questions Q4 (40) Choos A project manager performs Earned Value Analysis and finds the foll results: EV: 250,000; PV: 200,000; AC 275,000; BAC is 500,000. What AC is 500,000. What is right A. EAC-400,000 75,000 B. EAC - 550,000 C. BTC - 400,000 D. ETC - • Project costs are over budget when A CPI <1. B. CPI > 1. C. CPI <0. D. SPI-1. You are calculating PERT times for a programming activity on your project. Your lead programmer said the earliest possible completion time would be 200 days. The most likely time is 280 days and the longest it might take is 330 days. What is the expected value? A. 235 B. 300 c. 203 D. 275 What are dummy activities? A. Activities in PDM which are not necessary and can be dropped if time is running out. B. Arrows in ADM which represent dependencies between nodes without real activities. C. Activities, which can be passed to the team members with the lowest IQ. D. Activities in PDM which are not performed by team members. You are assigned as the project manager in a project with an aggressive schedule. During a recent meeting your team complained about the high pressure applied and the many hours of overwork time. What is the preferred solution to handle the problem? A. Try to obtain additional budget and time. B. Improve team communication and availability of high quality data on risks. Use this information to enable you to make well-founded decisions earlier. C. The problem might be the customer disturbing project rhythm. Keep him on distance from the team. D. Apply fast tracking to shorten project duration without additional work. All of the following are contract types except: unit-price. B. make-or-buy. C. cost reimbursable. D. lump sum

Answer 1

2. Project costs are over budgeted when CPI is less than 1.

Hence the correct answer is option A.

3.

te - Expected teme = ?? tm = Most likely time = 280 days to = optimistic teme = Eortiest time = tp = Longest time = 330 days 200 days de = to t4 tm t tp = 2005 200+ 280 x 4+ 330 = 275 days.

4. Dummy activities are used to represent the dependencies between different events and activities.

Hence the correct answer is option B.