In a project to develop an interactive online shopping platform, there were 4 main asks to be done sequentially:

1) Develop specifications: Planned cost $10,000. Planned Schedule 2 weeks.

2) Design platform: Planned cost $30,000. Planned Schedule 4 weeks.

3) Coding and Testing: Planned cost $120,000. Planned Schedule 8 weeks. Training Users, 4)Deployment and Closure: Planned cost $40,000. Planned Schedule weeks.

The first task took 4 weeks to comp..lete and its actual cost was $16.000.

Q1..Assuming linear rate of completion, calculate Schedule Variance at the end of week 2.

-$5,000

1 week

-$3,000

2 weeks

Q2..Assuming linear rate of completion, calculate Schedule Performance Index (SPI) at

the end of week 2.

50%

200%

100%

62.5%

Q3..Assuming a uniform rate of completion, calculate cost variance at the end of w

-$3,000

$3,000

-$6,000

$6,000

Q4..Assuming a uniform rate of completion, calculate the CPI at the end of week 2.

60%

200%

50%

62.5%

Q5..Using CPI at the end of week 2, and assuming a linear rate of completion, calculate the expected cost of the project at completion (EAC).

$260,000

$400,000

$300,000

$320,000

Q6...When scheduling, one must always:

a)set modest goals to allow the team to reach them with ease and avoid any risk

b)being behind schedule. set realistic goals which take into account the abilities of existing team members.

c)set ambitious goals to motivate the team to work harder.

d)set attainable goals which take into account the priorities and abilities of various

stakeholders, available resources and contingencies.

Q7...A team member requests a meeting during the project's busiest week to reach the member's annual vacation. The vacation was scheduled to take place 3 month after project's completion but the member wants to take the vacation 6 after the project's completion. Your response would be to:

1)refuse to waste your time with this issue since it has no impact on the project schedule.

2)schedule that item on the agenda of the project's next meeting to save time

3)refer the team member to HR explaining that they are the ones who handle

annual vacation specially that the vacation has no impact on the project's

schedule.

4)always accept meetings to ensure good communication.

Q8..When the team wants the latest computers, you:

1)Should balance between buying equipment most suitable for the project's tasks and budget considerations.

2)should always buy the latest equipment to motivate the team and improve

productivity.

3)should always buy the cheapest equipment to save money.

4)Should always refer such issues to top management.