Project management questionsthroughout a project the cost

Assignment Help Project Management

Reference no: EM13363479

Project Management: Questions

Throughout a project, the Cost Performance Index has decreased from 1.3 to 0.8. The cost performance on this project has:

a. Improved.
b. Deteriorated.
c. Stayed about the same.
d. There is insufficient information to answer the question.

Question
Which of the following statements best describes the relationship between project cost and quality?

a. Six Sigma method has no relationship to project cost management.
b. Improved quality results in higher total life cycle cost.
c. Quality should be planned into the project to reduce total life cycle cost.
d. Quality is primarily a manufacturing issue and has no impact on project cost.

Question
If cumulative PV = ?100,000, cumulative EV = ?98,000, and cumulative AC = ?104,000, the project is:

a. Ahead of schedule.
b. Operating below project cost projections.
c. Likely to come in over budget at completion.
d. Likely to come in under budget at completion.

Question

Which of the following methods is most likely to result in an increase in project cost?

a. Earned value method
b. Trade-off decisions involving resources, schedule, and performance
c. Resource leveling
d. Crashing activities to meet end dates

Question

In which type of cost estimating is regression analysis technique used?

a. Bottom-up
b. Definitive
c. Parametric
d. Engineering (grass roots)

Reference no: EM13363479

Questions Cloud

Traits of effective and ineffective managermanager : traits of effective and ineffective managermanager effectivenessintroductionextensive research and evaluation was

Puropse of work breakdown structure wbs1 paul mali : puropse of work breakdown structure wbs1. paul mali management by objective new york john wiley 1972 p. 12 defines mbo

Develop a schedule for introducing a new product1you just : develop a schedule for introducing a new product1.you just have been instructed to develop a schedule for introducing a

Problem definitionrural areas do not have proper internet : problem definitionrural areas do not have proper internet access and are unable to manage downloading anything. certain

Project management questionsthroughout a project the cost : project management questionsthroughout a project the cost performance index has decreased from 1.3 to 0.8. the cost

Calculation of net cash flowgarfield inc is considering a : calculation of net cash flowgarfield inc. is considering a thirteen year investment project with forecasted cash

Project managementa what is the definition of a project : project managementa. what is the definition of a project? what are some of the elements that differentiate a project

Expected benefits that are motivating the : expected benefits that are motivating the organizationbriefly explain the organization that is in need of the pool.

1 implement the tronomino tiling algorithm your program : 1. implement the tronomino tiling algorithm. your program should take an arbitrary input positive integer k in the

User Account

All Pages