What is root cause analysis?

		Failure analysis technique using a tree structure and series of and/or gates
		Problem solving technique that distinguishes actual cause from other causes
		Decision process to determine whether to utilize internal or external resources
		Performance monitoring metrics based on schedule and cost

A project team for a highway construction project evaluates the unusually large number of rain delays to determine schedule impact and options to accelerate work is an example of:

Work performance reports

Change validation analysis

Forecasting adjustment requirements

New risk assessment

A project manager distributes weekly earned value metrics to communicate budget performance to the project stakeholders is an example of:

		Forecasting adjustment requirements
		Work performance reports
		New risk assessment
		Corrective action requirements

Which statement is FALSE about root cause analysis?

Requires those knowledgeable to identify all possible scenarios

Commonly used for first pass trouble shooting

Starts with monitored identification of problem or undesirable trend

Based on a series of and/or gates and tree structure

What are the various inspections designed to qualify or quantify the production of work activity deliverables?

		Material and workmanship standards
		Quality inspections
		Design reviews
		Regulatory inspections

A senior manager directs the estimating group to estimate durations based on beta distribution instead of triangle distribution to better support using PERT forecasting during project execution is an example of:

		Management change control
		Reporting controls
		Forecasted updates
		Organizational process updates

What are inspections initialized by federal, state, or local governments in conjunction with a permit?

		Design reviews
		Quality inspections
		Intended functionality
		Regulatory inspections

What is the production of a deliverable that accomplishes all the originally designed characteristics and functions required by the customer?

		Intended functionality
		Regulatory inspections
		Quality inspections
		Material and workmanship standards

What are reviews or stop points in production that utilize engineering resources or development-type resources?

		Design reviews
		Quality inspections
		Regulatory inspections
		Material and workmanship standards

Based on the homework video lessons, in earned value, what is the formula for the schedule performance index (SPI)?

		EV PV
		PV AC
		BAC CPI
		EV AC

Based on the homework video lessons, in a project cost estimate-budget, what is an indirect cost?

		Project cost not specific to a task-activity
		Potential cost of a task-activity and project risk
		Cost of a specific task-activity
		Organizational cost not specific to a project or task-activity

Based on the homework video lessons, which statement is FALSE concerning cost optimization?

		Increasing time lowers direct costs
		Increasing time raises indirect costs
		Decreasing time raises direct costs
		Increasing time lowers indirect costs

Based on the homework video lessons, in earned value, what is the formula for the estimate at completion (EAC)?

		BAC CPI
		EV PV
		EV AC
		BAC SPI

Which is NOT a cost or schedule management topic from the Quantum Telecom case study?

		Project sponsor
		Indirect cost
		Go/no-go
		Gate review