Q1- Part A- Which of the following can best describe the project status in regard to...
Q1-
Part A-
Which of the following can best describe the project status in regard to budget and schedule?
a- Behind schedule-Overbudget
b- Behind schedule- Underbudget
c- Ahead the schedule- Overbudget
d- Ahead of schedule- Underbudget
Part B-
It is possible to have the scheduler report saying the project is behind schedule while the earned value analysis is showing a positive schedule variance.
TRUE or FALSE
Part C
EV is cost-based, so it is more reliable than CPM.
TRUE of FALSE
Homework Answers
Ans 1 : D) Ahead of schedule- Underbudget
Ans 2 : False , It is not possible to have the scheduler report saying the project is behind schedule while the earned value analysis is showing a positive schedule variance.
Ans 3 : True , Earned Value Analysis is cost-based, so it is more reliable than CPM.
Add Answer to:
Q1-
Part A-
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I need help with the attached assignment. I attached the question and completed assigment. I just...
I need help with the attached assignment. I attached the
question and completed assigment. I just need help with answering
one more question which is which is:
Discuss a strategy that you would use to communicate the status
of the project to stakeholders?
Project Monitoring and Control Assignment Complete the following items for this assignment: 1. Read through the Case 13.1 Tree Trimming Project Case in Larson and Gray. Respond to Questions 1 and 2 of the case. Use Microsoft...
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Please solve these questions by choosing the correct
answer
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...
QUESTION 1 3.8 points Save Ans The cost management plan has all of the following characteristics EXCEPT It may specify variance thresholds for monitoring cost performance to indicate an agreed-upon amount of variation to be allowed before some action needs to be taken. It describes how the project costs will be planned, structured, and controlled. It is based on project cost estimates and is separate from the project management plan. It may specify the level of precision, which is the...
I need help with the attached assignment. I attached the
question and completed assigment. I just need help with answering
one more question which is which is:
Discuss a strategy that you would use to communicate the status
of the project to stakeholders?
Project Monitoring and Control Assignment Complete the following items for this assignment: 1. Read through the Case 13.1 Tree Trimming Project Case in Larson and Gray. Respond to Questions 1 and 2 of the case. Use Microsoft...
Complete the following items for this assignment: 1. Read through the Case 13.1 Tree Trimming Project Case in Larson and Gray. Respond to Questions 1 and 2 of the case. Use Microsoft Excel to complete this item and include all calculations in your Excel file. Note that showing all calculations in Excel is required. 2. Complete Appendix Exercise 2 at end of Chapter 13 in Larson and Gray. Specifically, complete the table on pp. 509-510 in the textbook (note th...
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