PMP Questions ID 2098 while reviewing project performance the project manager determines that the schedule variance is

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New PMP Question & Answers with explanation

While reviewing project performance, the project manager determines that the schedule variance is -500. What is the best thing to do

Select one

Determine the cost variance

Let the sponsor know

Look for activites that can be done in parallel

Move resources from the project to one that is not failing

PMP Question No 2097 - Cost

One common way to compute estimate at completion (EAC) is to take the budget at completion (BAC) and:

Select one

Multiply by spi

Divide by spi

Divide by cumulative cpi

Multiply by cpi

Answer

PMP Question No 2096 - Cost

Which of the following information about the project would never be available during project planning

Select one

Internal rate of return

Cost performance index

Benefit cost ratio

Budget at completion

Answer

PMP Question No 2095 - Cost

Which of the following represents the estimated value of the work actually accomplished?

Select one

Earned value (EV)

Actual cost (AC)

Planned value (PV)

Cost variance (CV)

Answer

PMP Question No 2094 - Cost

A cost performance indes (CPI) of 0.89 means

Select one

At this time, we expect the total project to cost 89 percent more than planned

When the project is completed, we will have spent 89 percent more than planned.

The project is getting 89 cents out of every dollar invested.

The project is progressing at 89 percent of the rate planned.

Answer