Question: 13. Variance analysis includes: a. Quantification of the variance and its components b. Identification of cause(s) of the components of variance C. Identification and quantification

13. Variance analysis includes: a. Quantification

13. Variance analysis includes: a. Quantification of the variance and its components b. Identification of cause(s) of the components of variance C. Identification and quantification of the immediate impact(s) of variance d. Identification of measures to mitigate the impact(s) e. All of the above 14. An earned value analysis found that the budgeted cost of work performed (BCWP) = RM8500; budged cost of work scheduled (BCWS) = RM8800; and actual cost of work performed (ACWP) = RM8200. The project condition refers: a. Behind schedule and over-budget b. Behind schedule and under-budget C. Ahead of schedule and over-budget d. Ahead of schedule and under-budget e. None of the above 15. If a CPI is 0.85, then this could mean that for every 1 dollar spent only 85 cents of value is achieved: a. True b. False

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