INF 337 Week 3 Quiz | Assignment Help | Ashford University
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- 04 Nov 2019
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INF 337 Week 3 Quiz | Assignment Help | Ashford University
Question 1
A project variance can either be a positive or a
negative number.
o
True
o
False
Question 2
AC is the actual cost of the work performed.
o
True
o
False
Question 3
Which of the following
is the first step in measuring and monitoring progress and performance?
o
All of the above
o
Identify quantitative elements.
o
dentify qualitative elements.
o
Determine what should be measured.
o
Establish a control system that measures
the ongoing status of various project activities in real time.
Question 4
Which of the following are necessary to correctly
and accurately measure and evaluate project performance?
o
All of the above
o
taking corrective action
o
comparing actual performance against
plan
o
Measuring progress and performance
o
Setting a baseline plan
Question 5
Any significant deviations between actual and
planned budget expenditures constitute what?
o
All of the above.
o
None of the above
o
A project that has been cancelled.
o
A project on budget and on schedule
o
A potential problem that must be
investigated.
Question 6
The 50/50 rule is used for packages with a very long
duration.
o
True
o
False
Question 7
AC is the sum of the costs incurred to date and the
revised estimated costs for the work remaining.
o
True
o
False
Question 8
A formal financial review process at the managerial
level is not necessary when a PM uses project cost control.
o
True
o
False
Question 9
The following is the cost of all progress achieved
on the project, or part of the project, and represents what has been spent.
o
All of the above.
o
ETC
o
CV
o
AC
o
EV
Question 10
The 0/100
rule can have an activity that is 100% complete or 0% complete.
o
True
o
False
USA 
India