PMP Questions ID 2067 as you review the project results you notice you have spent us 1 200 000 at the last reporting

As you review the project results, you notice you have spent us $1,200,000 at the last reporting point. You know the schedule performance index (SPI) is 1.1. Considering you feel you should have spent us $1,300,000 to this point, what are the cost performance index (CPI), and the schedule and cost variances?

Select one

1.19, $230,000 and ($230,000)

1.19, $130,000 and $230,000

1.1, ($230,000) and $130,000

1.43, $130,000 and ($130,000)

PMP Question No 2066 - Cost

Earned value analysis is the basis for:

Select one

Performance reporting

Planning control

Integrating the project components into a whole

Ishikawa diagrams

Answer

PMP Question No 2065 - Cost

A rough order of magnitude estimate is made during which project management process group?

Select one

Initiating

Planning

Closing

Executing

Answer

PMP Question No 2064 - Cost

As the project progresses, you will engage in a process using aggregation, reserve analysis, and expert judgment. These are tools of which process?

Select one

Quantitative Risk Analysis

Determine Budget

Control Schedule

Determine Schedule

Answer

PMP Question No 2063 - Cost

The best method to control costs is to:

Select one

Estimate during project executing and then manage each activity to the budget

Estimate during planning and then resstimate before each activity begins

Estimate during project initiating and have management confirm the estimate

Estimate at the beginning of the project and then check costs against the baseline

Answer