True or False | Defintions | Multiple Choice | Random | COVID-19 |
---|---|---|---|---|
True
Project execution is where work is performed.
|
Actual cost expenses on this project up to this time
Actual Cost or Actual Cost of Work Performed
|
A- Comparable
Measuring plan, work, and progress with the same
unit makes them ______: A- Comparable B- Differentiated C- It has no affect them. |
Current data
When measuring and comparing data, you make a projection base on your current or past data?
|
...
Do you believe that businesses are obligated to contribute to the coronavirus dilemma? Why or why not?
|
True
Quantitative data can be collected based on the
monitoring means. |
Total budget for the project
Budget at Completion (BAC)
|
C- Performed to actual costs
CPI (Cost Performance Index) compares :
A- Time needed to finish project to budgeted cost. B- Planned costs to actual costs C- Work performed to actual costs |
True
Monitoring and controlling activities involves tracking, reviewing, and regulating project progress.
True or False? |
...
List ways in how resource allocation for businesses will be affected due to the corona virus.
|
False, it is the actual costs.
Planned Value: the cumulative costs actually incurred into.
|
Originally planned cost of the work that should have been done by this time
Planned Value or Budgeted Cost of Work Scheduled
|
B- Current
Actual costs define your ______ status:
A- Past B- Current C- Future |
True
True or False the monitoring process steps are:
1- Collect data 2- Measure and compare 3- Asses and re plan |
...
SPI (Schedule Performance Index) compares work
performed to work planned, how will this be affected for certain businesses? |
True
Earned Value is the actual progress, expressed as the quantity of planned value which has generated results.
|
Estimated cost of the remaining work of the project
Estimate To Completion (ETC)
|
B- Weekly
It is usually best to collect effort data on a ______ basis:
A- Daily B- Weekly C- Monthly |
A- Work performed to work planned
SPI (Schedule Performance Index) compares:
A- Work performed to work planned B- Work performed to actual costs C- Budgeted costs to actual costs |
...
List ways on how a business' planned value (budget) can be affected by the corona virus.
|
False, it is the planned value.
Actual Costs: the cumulative costs planned for the project.
|
Estimated final cost of the project
Estimate At Completion (EAC)
|
D- All of the above
Earned Value Analysis provides an integrated
view of the project by measuring: A- Planned effort (costs) B- Actual progress (earned value) C- Effort (actual costs) D- All of the above |
A- Project monitoring
Evaluation and comparison of actual measured results against those planned is the fundamental principle of _______ process:
A- Project monitoring B- Project budgeting C- Project resource allocation |
...
List ways on how project execution can be affected by the corona virus.
|