Question

25 B) Work Breakciown Siructure is: A) A hierarchically-organized depiction of the project organization ) A hierarchical representation of project risks 5 C D) A hierarchical structure of resource categories A deliverables-oriented decomposition of the project work Based on your experience with three similar past projects, you estimate an 8-10 month implementation time frame for a new project. What is this type of estimation technique called? A) Three-Point Estimating B) Bottom-Up Estimating C) Parametric Estimating D) Analogous Estimating Your projecí performance review shows inai your projeci's current pianneui vaiue - 30,000 Euro and earned value = 29,000 Euro. Which of the following statements is true about your project? A) CPI = 0.96 B) The project is ahead of schedule C) The project has a positive cost variance D) The project is behind schedule If EV = $100. AC = $90, PV =$110 and BAC = $400, how much is the Cost Variance of a project? A) $300 B) $40 C) $20 D) $10 Schedule performance index, SPI, of 0.75 means: A) Project is over budget C) Project is progressing at 75% of the rate originally planned B) D) Project is ahead of schedule. Project is progressing at 25% of the rate originally planned

Please solve these questions by choosing the correct answer

Answer 1

OLUN Question I: work break down structene is to [ A deliverables -oriented decomposition of the O project work]. Work Greakdown structure is a hienanchial structure that shows the work to be deeivered to achieve the project targets. Question 2: Anala qus Estimating Analorous estanating is also known as comparative analysis where we use histonicae past projects data and based on companative analysts. We formaldte the Strategies and time framme for new projects. Scanned with CamScanner

OM Question 3% (PI 20.96 cost performance index Measures the cost effectiveness of the project a cost performance index of 1.0 Mears project is on Budret 18 cost performance index is Hone than I o than the project is unden Budget while less than to shows over Budget cost performance Index = Earned value Actrice cost. CPI = 29,500 20.966 [approx]. 8-4 To calweate cost Variante, We use formulae, cost variance - Earned vaue - = $100-$90 - $10 Son option "D" is the correct. Actual cost mm Question 5: Schedure performance Index (SPI) 20.75 1 Then, it shows project is propressing at 75% of the nelle originally peanned. Schedule performance landex (SP2) shows that you are actually getting efficiency at the rate of 75% of the Oniginally planned and to recover the effectiveness then you need extra 25% time to recover the performance. Schedure performance Index (SP1) = Earned value Deanned value F|CS| Scened with Car scanner