Question

Define CEV and CAC. Explain the difference between the two Project Closings and "Lessons Learned" What are some of the questions that may be asked in project closings pertaining to lessons learned? a Risk Assessment Matrix, use likelihood and impact to determine the item thet will cause the least and/or most risk (based on weighted value). Calculate Total and Cumulative Costs for a project if given Total Budgeted Co (18C) Analyze Total earned value to date if given TBC Calculate the cost per week to improve the schedule Describe a project's life cycle and the major deliverables for each part of the project life cycle Explain when cost variance is positive and the relationship to CPI 1) Define Total Budgeted Cost and define Cumulative Budgeted Cost Which types of activities should the project manager focus on when correcting problems with schedule or cost? Describe the four stages of team development Describe characteristics of an effective team. Describe the two types of meetings that should be heid at project closing "Project management questions and definitions"

Answer 1

Cumulative Earned value (CEV) CEV is the sum of the budget for the activities accomplished to date Cumulative actual cost (Cav) CAV is equal to the Cumulative actual cost spent at a given status date as the sum of the actual spending of all activities cost performance index (CPI) = CEV/CAC cost variance (CV) = CEV - CAC project closing: project closure is the life cycle project closure involves handing over the deliverables to your customer passing the documentation to the business and etc Lesson learned rightarrow lesson learned as the learning gained form the process of performing the project \r\n rightarrow some question that may be asked in project closing pertaining to lessons learned 1) Arrange a post mortem 2) complete paper work release resources Archive documents 5) celebrate success Risk Assessment matrix in order to have a holistic view of the project in the context of various risks
As you asked too many questions at one time but due to time constraint I am giving first five answers.