You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value) You have spent $28,000 of your original budget of $48,000. What is the Cost Performance Index (CPI)? 1.5Which technique is used for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost? O a. feeding buffers O b. critical chain scheduling O c. crashing O d. dependencyWhich is most likely to be a reason for inaccuracies in information technology cost estimates? O a. Only software development provides the scope for estimates to be accurate. O b. Human beings are biased toward overestimation. O c. Estimates take a long time to be worked out. O d. People lack estimating experience. Moving to an er question will save this responseWhat is the majority of time on a project is usually spent on? O a. monitoring and controlling O b. execution O c. planning O d. closingYou are assisting a project manager who is building a brand new data centre for Seneca College. Project manager asked you to estimate the costs for the foundation. You have the following data: 30 cubic yards (CY) of sod to be removed, 2,450 pounds of steel rebar to be installed, and 20 CY of concrete to be placed. Soil removal costs $50/CY, steel rebar costs $2 50/pound installed; and concrete costs $350/CY placed. Calculate how much the foundation will cost, using the parametric estimating method. 14625You have a project with four activities as follows Activity 1 can start immediately and has an estimated duration of 1 day Activity 2 can start after activity 1 is completed and has an estimated duration of 4 days Activity 3 can start after activity 2 is completed and has an estimated duration of 5 days Activity 4 can start after activity 3 is completed and has an estimated duration of 8 days Activity 4 must he completed before the project is complete. : What is the critical path of the project? 0 Start, 1, 3,4, End 0 Start, 12, 3, 4, End 0 Start, 1,4, End (a Start, 1, 2, 3, End You are performing an earned valve analysis (EVM) on your 28-week project. The project was scheduled to be 50%% complete at this time. You have completed 14 of the 32 deliverbles (all of equal value) You have spent $28,000 of your onginal budget of $48,000, What is the Cost Variance (CV)? -7000You are providing a status for a 14-week project, which is scheduled to be 50 percent complete at this time. You have completed 9 of the 16 deliverables in this project and spent $1200 of the total project cost of $1900. What is the cost variance (CV)? Round your answer to 2 decimal places -131.25You are providing a status for a 14-week project, which is scheduled to be 50 percent complete at this time. You have completed 9 of the 16 deliverables in this project and spent $1200 of the total project cost of $1900. What is Estimated time to Complete? 5.6wkWluch is true of the schedule performance index {SH}? 0 a. It is the ratio of planned 1value to actual costs. {i} b.1t can be used to estimate the projected time to complete the project. 0 C. It means that a project is ahead of schedule if SP1 is lesser than one or hundred percent. 0 d.lt means that a project is behind schedule if an SP1 is greater than one. Which dependencies are sometimes referred to as soft logic and should be used with care because they may limit later scheduling options? O a. inherent O b. mandatory O c. discretionary O d. externalWhat type of analysis involves calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time? O a. Payback b. Net present value O c. Cost of capital O d. Cash flowThe project cost management knowledge area maps to which process group through the activities of estimating costs and budget determination? O a. monitoring and controlling O b. planning O c. executing O d. initiatingWhich process results in a cost baseline as a main output? O a. cost planning O b. cost controlling O c. cost budgeting O d. cost estimatingWhich type of dependencies are inherent in the nature of work being performed on a project? O a. external O b. discretionary O c. mandatory O d. randomWhich type of dependencies are inherent in the nature of work being performed on a project? O a. external O b. discretionary O c. mandatory O d. randomWhich is an input of the process of controlling costs? O a. scope baseline O b. work performance data O c. change requests O d. cost forecasts