What is the key benefit of a Work Breakdown Structure? Process provides a loose version of what may be delivered Process provides a structured version of what has to be delivered Process provides a structured version of what has to be delivered plus additional add-on deliverables Get All Week Quiz Answer: Engineering Project Management: Scope,…
What is the expression for cost variance? The difference between earned value and planned value The difference between earned value and actual cost The difference between planned value and actual cost Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
What is a key benefit of a Scope Management Plan? Provides guidance and direction on how scope will be managed throughout the project. Provides direction on how scope will be managed throughout the project. Provides guidance on how scope will be managed throughout the project. Get All Week Quiz Answer: Engineering Project Management: Scope, Time…
What is the name of the total planned value of a project? Earned Value Budget at Completion Planned Value Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
What do you do to figure out if the project is on budget and schedule? Look at the weekly project memo Ask your co-worker Perform an Earned Value Calculation Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
The cost performance index (CPI) is a measure of the cost efficiency of budgeted resources, expressed as a ration of earned value to actual cost. True False Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
The longer you wait to recognize an issue, the harder it will be to impact the outcome. True False Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
The final schedule management plan can be formal or informal, highly detailed or broadly framed, depending on the _____ of the project. Size Needs Location Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
Which is not a type of schedule indices? Cost Performance Index Schedule Performance Index Schedule Variance Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
What is involved in a Control Schedule? Quickly identifies deviations from the schedule and plan Typically, done by measuring the current work by the work estimates based on time. May require re-prioritization and change All of the above Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer
What is the key benefit of a cost estimation? It determines the amount of cost required to complete one project activity. It determines the amount of cost required to charge for the project. It determines the amount of cost required to complete project activities. Get All Week Quiz Answer: Engineering Project Management: Scope, Time and…
A key element of successful project execution is making sure that all of the requirements are well understood by all. True False Get All Week Quiz Answer: Engineering Project Management: Scope, Time and Cost Management Coursera Quiz Answer