Reference no: EM132179699
1. Which of the following was NOT listed in the text as a convention for estimating task progress?
A. 50% when task is started and another 50% when it is completed
B. 100% when task is completed and 50% before that
C. Using the ratio of cost expended to total cost budgeted
D. Using the ratio of time expended to the total time scheduled
2. In earned value analysis:
A. it is desirable to have negative variances for both schedule and spending.
B. it is desirable to have positive variances for both schedule and spending.
C. the schedule variance should be positive and the spending variance negative.
D. the schedule variance should be negative and the spending variance positive.
3. A useful tool to the project manager, the __________ indicates to a manager when a task or process is becoming unacceptable, typically when the ratio drops below 1.
A. critical ratio
B. control system
C. variance analysis
D. trend projection