Answer the following MCQ's with reference with MS project

1)The first quarter of the year is fast approaching. Your project sponsor has been asked to discuss the current status of your project at an executive level meeting. He's supposed to talk about it for 2 minutes. He really needs a quick 'status-at-a-glance' snapshot. What would you recommend he use as the basis of his presentation?

• The Project Summary Task
• Project Statistics dialog box
• Project Overview report
• A rolled-up Gantt chart that displays the progress on Phases (Level 1 tasks).

2) In looking at the Tracking Gantt view, you notice that a critical task has a significant variance. The Baseline finish date for the task is two weeks earlier than the Current Plan finish date. This is especially important to notice because

	The variance may directly impact the project's finish date.
	The task started on time as planned.
	The Baseline might need to be updated to reflect the current situation.
	The task is two weeks late.