Question: 0 : 1 6 : 3 6 Question 6 Risks that have been identified and may or may not happen are referred to as known

0:16:36
Question 6
Risks that have been identified and may or may not happen are referred to as known unknowns, and a ______ should be established to cover them if they are triggered.
Question 6Select one:
a.
Contingency reserve
b.
Management reserve
c.
Funding reserve
d.
Risk buffer
Question 7
A SWOT analysis is an information-gathering tool that helps increase the range of identified risks by examining strengths, weaknesses, _______ and threats to a project.
Question 7Select one:
a.
Opportunities
b.
Options
c.
Origins
d.
Organizations
Question 8
Effective reporting systems focus on:
Question 8Select one:
a.
providing complete sets of available data.
b.
following the original scope of the project plan.
c.
providing the appropriate level of detail in reports to satisfy different levels of managers.
d.
managing tradeoffs & addressing risks
Question 9
Routine, exception, and special analysis are types of _____________
Question 9Select one:
a.
delays
b.
meetings
c.
reports
d.
value
Question 10
The ____________ rule allows no credit for work until the task is complete.
Question 10Select one:
a.
50-50
b.
0-100
c.
critical input use
d.
proportionality
0:14:18
Question 11
Cost variance is calculated as _______________.
Question 11Select one:
a.
EV - PV
b.
ST - AT
c.
ST - AC
d.
EV AC
Question 12
Consider t Successful Project Monitoring Systems (PMS) plan, monitor, and facilitate control of:
Question 12Select one:
a.
budgets versus expenses.
b.
project activities on PERT-CPM diagrams.
c.
on-time delivery of products.
d.
time versus schedule, cost versus budget, and performance versus planned scope.
Question 13
Which of the following formulas represents the schedule performance index (SPI)?
Question 13Select one:
a.
EV/PV
b.
EV - PV
c.
EV - AC
d.
EV/AC
Question 14
If your sponsor asks for an estimate as to how much more money your team needs to complete all project work as scheduled, which of the following formulas might you use?
Question 14Select one:
a.
BAC - EAC
b.
EV/PV
c.
(BAC EV)/CPI
d.
(BAC EV)/(EAC AC)
Question 15
The methodology that combines scope, schedule, and resource measurements to assess project performance and progress is called ______________.
Question 15Select one:
a.
Cost management (CM)
b.
Funding limit reconciliation
c.
Triple constraint management
d.
Earned value management (EVM)

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