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- 1. Multiple ChoiceWhich of the following deprecistion methods depreciates the same amount (or percent) each year by dividing the assets cost by the number of years it is expected to be in service?Straight lineDeclining BalanceSum-of-Years DigitsUnits of Time
- 2. Multiple ChoiceDiana is the project manager for a complex project. Diana suspects that some of her project team members are filling false claims and having false invoices reimbursed. The invoice charges are being charged to the project budget. During which of the following processes can Diana confirm her suspicious regarding her project teams actions?Validate ScopeControl ScopeControl CostsControl Schedule
- 3. Multiple ChoiceWhich of the following is not part of Project Cost Management?EstimatingBudgetingControllingSequencing
- 4. Multiple ChoiceWhich of the following statements regarding the Budget at Completion (BAC) and the Estimate at Completin (EAC) is correct for any project?The BAC is always greater than the EACThe EAC is always greater than the BAChe BAC is always equal to the EACThe BAC is not dependent on the EAC
- 5. Multiple ChoiceWhat is the total approved plan for the project work to which the project execution is compared known as?Earned Value (EV)Cost VarianceManagement ReservesPerformance Measurement Baseline
- 6. Multiple ChoiceAccording to the approved plan, Flora should have completed the site inspection, site excavation, lay foundation, and assemble tower tasks. What is the projects current Cost Variance (CV)[Gambar Chapter 7 No 6]-12001200-75007500
- 7. Multiple ChoiceCrystal is making a presentation on her projects during a board meeting. Although Crystal knows that the project is behind schedule and will be at least a month late, she announces that by the end of her project, her projects total schedule variance will be zero. As the board members do not understand Earned Value Management (EVM) Crystal explains that the schedule variance is calculated by subtracting the projects total planned values from the projects total earned value. What can be concluded from this information?Crystal is an ethical project managerCrystal is stating the factsCrystal is lyingCrystal is trying to deceive the board members
- 8. Multiple ChoiceIn Kims current project, some of the activity costs deviated from the baseline by $150. This seems to be low but she wants to verify the project documents to see if the deviation is within the threshold. Where should she look for control threshold information?Cost Management PlanPerformance Measurment BaselineCoast Performance BaselineOrganizational Process Assets
- 9. Multiple ChoiceWhich of the following components of the Project Management Plan is/are specifically considered during the Contol Costs process?Cost Performance BaselineCost Management Planoth Cost Performance Baseline and Cost Management PlanCost Perfoemance Baseline, Cost Management Plan and Activity Cost Estimates
- 10. Multiple ChoiceWhich of the following statements regarding Earned Vale (EV) is correct?The EV being measured is always greater than 1The EV is not used to measure the Cost Performance Index (CPI)The EV measure is always greater than the authorized Planned Value Budget for a componentThe term EV is often used to describe the percentage completion of project
- 11. Multiple ChoiceWhich of the following processes develops an approximation of the monetary resources needed to complete project activities?Estimate CostsDetermine BudgetControl CostsApprove Costs
- 12. Multiple ChoiceWhich of the following is not a tool or technique of the Determine Budget process?Planning Meetings and AnalysisCost AggregationHistorical RelationshipsFunding Limit Reconciliation
- 13. Multiple ChoiceWhich of the following formulas is used to calculate the EAC forecast for ETC work performed at the present CPI?AC + bottom-up ETCAC + BAC – EVBAC / cumulative CPIAC + [(BAC – EV) / (cumulative CPI x cumulative SPI))]
- 14. Multiple ChoiceWhat is a Sunk Cost?Unrecoverable costHidden costDepreciated costDiscounted cost
- 15. Multiple ChoiceThe following Gantt chart displays the schedule for telecom site construction project. It contains seven activities and a hammock activity. The chart also displays various activity metrics. According to the original plan the first two activities should have been completed along with 50% of the work on the third activity, Perform Civil Works. However, only the first two activities have been completed and for some reason, no work has been performed on the third activity. What is the projects current SPI? [Gambar Chapter 7 No 15]0.5210
- 16. Multiple ChoiceWhich of the following indicates the relationship among the Direct and Manage Project Work, Control Cost and Determine Budget processes?Both the Direct and Manage Project Work and the Determine Budget processes provide inputs to the Control Cost processThe Direct and Manage Project Work process provides inputs to the Control Costs process which then provides inputs to the Determine Budget processThe Determine Budget process provides inputs to the Control Costs process which then provides inputs to the Direct and Manage Project Work processThe Determine Budget process provides inputs to the Control Costs process but these processes are not related to the Direct and Manage Project Work process
- 17. Multiple Choicehich of the following is not an input to the Determine Budget process?Resource CalendarsActivity Cost EstimatesApproved Change RequestAgreements
- 18. Multiple ChoiceWhich of the following Earned Value measurements is project cost trend indicator?Cost Performance Index (CPI)Schedule Variance (SV)ost Variance (CV)stimate at Completion (EAC)
- 19. Multiple ChoiceWhich of the following will be true about the value of the CPI at the end of any project?It would be zerot would be negativeIt would be positiveCannot be determined
- 20. Multiple ChoiceWhich of the following Depreciation Methods provides for a higher write-off early on as compared to other methods?Straight-Line DepreciationDeclining BalanceSum-of-Years DigitsUnits of Time Depreciation
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