PMP Questions ID 2376 while working to determine the budget for an avionics project the company decides to hire a high

While working to determine the budget for an avionics project, the company decides to hire a highly reputable financial analyst that has worked in the aviation industry for three decades. Halfway through the project, a series of unanticipated risk events occur, and the project cannot pay its invoices. What is most likely to be the cause?

Select one

The analyst did not identify risks properly

The management reserves were exhausted

Funding limit reconciliation was done incorrectly

The control accounts were not correctly established

PMP Question No 2337 - Cost

You are managing a hotel construction project, and you have asked your project team to calculate the current earned value metrics to determine the project performance. Your team reports back that the project's to-complete performance index (TCPI) is 0.9 based on the budget at completion (BAC). Which of the following is true regarding your project's current situation as reflected by this TCPI value?

Select one

The project is within budget

The project is over budget

The project is behind schedule

The project is ahead of schedule

Answer

PMP Question No 2323 - Cost

While looking at the project cost baseline graph shown below, a project manager sees that the stair-step line’s last point is higher than the estimate at completion (EAC). What does this relationship mean for the project?

Select one

The project is running over budget

The management reserve is too large

Total funding for the project exceeds the project's anticipated needs

The project is behind schedule

Answer

PMP Question No 2321 - Cost

For the project with Earned Value (EV) = $350, Actual Cost (AC) = $300 and Planned Value (PV) = $400. The original project budget is $1,000. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is the Estimate At Completion (EAC) of the project?

Select one

$1,280

$837

$987

$937

Answer

PMP Question No 2320 - Cost

For the project with Earned Value (EV) = $300, Actual Cost (AC) = $250 and Planned Value (PV) = $300. The original project budget is $1000. Assuming the project will continue to spend money at the same rate, what is the Estimate At Completion (EAC) of the project?

Select one

$933

$1,000

$1,033

$833

Answer