$18.$ Cost performance required to be achieved on the remaining work is expressed by

CV

SPI

CPI

TCPI

$19.$ What is the best way to accurately calculate Estimate to Completion $($ETC$)$

$($BAC $-$ EV$)/$ CPI

Manual forecasting of cost of the remaining work

BAC $-$ EV

EAC $-$ AC

$20.$ Two efficiency indicators that reflect cost and schedule performance of a project areAdd

description here!

Cost Performance Index $($CPI$)$ and Schedule Performance Index $($SPI$)$

Earned Value $($EV$)$ and Actual Cost $($AC$)$

Cost Projection Index $($CPI$)$ and Schedule Projection Index $($SPI$)$

Actual Cost $($AC$)$ and Planned Value $($PV$)$

$21.$ A project is estimated to cost $$200,000$ with a timeline of $10$ months. Due to shipment

delay, the schedule was slightly delayed. This was however made up by receiving the first

batch of materials for the project by air. The net result was that there was some additional

cost in the project. At the end of the second month, he project manager reviews the project

and finds that the project is $20\%$ complete and actual costs are $$50,000.$ The Estimate to

Complete $($ETC$)$ for the project would be

$$60,000$

$$150,000$

$$40,000$

$$160,000$

$22.$ Schedule Variance $($SV$)$ greater than zero implies that

Project is ahead of schedule

EV is less than PV

Project progress is as per the baseline plan

Project is behind schedule

$23.$ A project is scheduled to complete in one year. After $3$ months of execution the earned

value is $$45,000$ and the planned value is $$55,000.$ What is the schedule variance of the

project?

$$55,000$

$$45,000$

$$10,000$

$-$$$10,000$

$24.$ CPI less than one implies that

Project performance is as per baseline plan

Actual Cost $($AC$)$ is less than Planned Value $($PV$)$

Project is over budget

Project is under budget

$25.$ Earned Value $($EV$)$ minus Actual Cost $($AC$)$ is

Cost Variance $($CV$)$

Cost Performance Index $($CPI$)$

Schedule Performance Index $($SPI$)$

Schedule Variance $($SV$)$

$26.$ What is the best way to calculate the Estimate At Completion $($EAC$)$ when original

estimates are no longer valid.

EAC $=$ AC $+[($BAC $$ EV$)/($CPI x SPI$)]$

EAC $=$ AC $+$ BAC $$ EV

EAC $=$ BAC$/$CPI

EAC $=$ AC $+$ Bottom$-$up ETC

$27.$ What is EAC for the project if BAC $=$ $$50,000$ AC $=$ $$10,000$ EV $=$ $$7,000$ manual bottom up

ETC $=$ $$50,000$

$$73,000$

$$60,000$

$$67,000$

$$50,000$

$28.$ A project is estimated to cost $$50,000$ with a timeline of $50$ days. After $25$ days, the

project manager finds that $80\%$ of the project is complete and Actual costs are $$50,000.$ What

is the Cost Performance Index $($CPI$)?$Add description here!

CPI is $2$

CPI is $1$

CPI is $0\mathrm{.}8$

CPI is $1\mathrm{.}5$