ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+
The Estimate At Completion (EAC) is a project metric that
can be used to estimate the most likely total or final cost of
the project based on the project's performance and any
risks that should be considered. - ANSWERS-True
The purpose of a project review is to not only show
evidence that the project work is being completed, but also
that the work is being completed according to various
standards or agreed upon requirements. - ANSWERS-True
Given the advances that have been made in
telecommunications and IT technology in general, there is
little value or necessity today for Face-to-Face (F2F)
meetings. - ANSWERS-False
,Which of the following is not likely a characteristic of a good
project metric?: - ANSWERS-d) Subjective
Earned Value tells us __________ - ANSWERS-d) how much
of the budget we really should have spent on the work
completed so far
Budget At Completion (BAC) is __________ - ANSWERS-b)
how much we budgeted to spend at the beginning of the
project
Actual Cost (AC) is __________ - ANSWERS-a) how much we
actually spent for work completed
Cost Variance (CV) is __________ - ANSWERS-e) the
difference between the estimated cost and how much we
have actually spent
Schedule Variance (SV) is __________ - ANSWERS-e) the
difference between the current progress and the original
schedule
, Expected Time to Completion (ETC) is __________ -
ANSWERS-e) how much longer it will take to complete the
project
Estimate at Completion (EAC) is __________ - ANSWERS-e)
how much we spent to complete the project
The budgeted cost of work scheduled for an activity or
component of the WBS is the _____. - ANSWERS-a) Planned
Value (PV)
The metric that provides an estimate of the most likely total
or final cost of the project based on the project's
performance and any risks that should be considered is the:
- ANSWERS-e) Estimate at Completion (EAC)
The cost incurred for completing a scheduled task or WBS
component is the - ANSWERS-c) Actual Cost (AC)
The total planned cost of the project is computed before the
project work begins. This metric is called the: - ANSWERS-b)
Budget At Completion (BAC)