This knowledge test is divided into unit standards. The tests can be written together or as separate units it is COMPULSORY to do the first Unit standard test as this covers basic project management knowledge and should be completed with the additional unit standards.

The whole test should take about $1$ hour to complete.

Some basic definitions case scenario recognise different costs.

Question $1.$

You are working on a project to build a bridge. You have reached the planned half way mark. The total planned cost at this stage is five hundred rand. The actual physical work that has been completed at this stage is worth R$400.$ You have already spent one thousand rand on the project. What is the Schedule Variance? Show all the working out.

$[6]$

Question $2$:

Distinguish from the table below which cost is a direct or indirect cost.

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