Questions 61-80

61) You are reporting that your project has a positive cost variance and positive schedule variance. This means your project is:
A. Behind schedule and over budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Ahead of schedule and under budget

62) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The cost variance is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

63) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The schedule variance is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

64) Your project has an estimate at completion of $20,000, planned value of $22,000 and budget at completion of $25,000. The variance at completion is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

65) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The cost performance index is:
A. 0.8
B. 1.25
C. 0.91
D. 1.1

66) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The schedule performance index is:
A. 0.8
B. 1.25
C. 0.91
D. 1.1

67) A strong matrix organization:
A. Has full-time project managers
B. Has full-time project administrative staff
C. Has characteristics of a projectized organization
D. Is one where the project manager has little authority

1. A
2. A, B
3. A, B, C
4. A, B, C, D

68) Your project has an earned value of $20,000, planned value of $22,000, actual cost of $25,000, and budget at completion of 23,000. What is the estimate at completion assuming that future work will be accomplished at the planned rate?
A. $28,750
B. $18,400
C. $28,000
D. $23,000


69) Your project has an earned value of $20,000, planned value of $22,000, actual cost of $25,000, and budget at completion of $23,000. What is the estimate at completion assuming that remaining work will be influenced by both CPI and SPI?
A. $28,750
B. $18,400
C. $29,121
D. $23,000

70) Your project has an estimate at completion of $27,000 and an actual cost of $25,000. What is the estimate to complete assuming work is proceeding to plan?
A. $2,750
B. $2,400
C. $2,000
D. $3,000

71) Using the below metrics, calculate the efficiency that must be maintained in order to complete to plan:
Budget at completion: $25, 000
Earned value=$23,000
Actual cost=$24,000
A. 1
B. 3
C. 2
D. 0.5

72) Using the below metrics, calculate the efficiency that must be maintained in order to complete the current EAC.
Budget at completion: $25,000
Earned value=$23,000
Actual cost=$24,000
Estimate at completion=$26,000
A. 1
B. 3
C. 2
D. 0.5

73) You are preparing the WBS for your project. Which of the below are techniques you can use?
A. Expert judgment
B. Scope baseline
C. Scope management plan
D. Organizational process assets

74) You are collecting requirements for your project. Which of the below tools and techniques can you use?
A. Benchmarking
B. Scope baseline
C. Project charter
D. Organizational process assets

75) You are developing your project management plan. Which of the below inputs can you use?
A. Expert judgment
B. Facilitation techniques
C. Project charter
D. Scope baseline

76) In a general project health report, what do the colors red, yellow, and green mean?
A. Red: Project is at significant risk, Yellow: Project has some issues but a plan to fix the issues is in place, Green: All is well with the project
B. Red: Project is dead, Yellow: Project has some issues but a plan to fix is in place, Green: All is well with the project
C. Red: Project has been stopped, Yellow: Project has some issues but a plan to fix is in place, Green: All is well with the project
D. Status Red: Project has been stopped, Yellow: Project has some serious issues which can’t be fixed, Green: All is well with the project

1.  A
2.  D
3.  B
4.  C

77) A project manager has 5 onsite members and 3 offshore members in his team. He has 1 onsite stakeholder and 1 offshore stakeholder. How many communication channels are there?
A. 11
B. 50
C. 45
D. 55

Answer choices:
1.  C
2.  None of the above
3.  D
4.  B

78) For a project you are managing, the actual cost is $10,000, Earned value is $6000 and budget at completion is $12000. What is the estimate at completion assuming future work will be accomplished at the planned rate?
A.$28,000
B.$16,000
C.-$16,000
D.-$8000

79) For a project you are managing, EAC is $20,000, actual cost is $13,000. Assuming work is proceeding per plan, the cost of completing the remaining authorized work is:
A.$7,000
B.$33,000
C.-$16,000
D.-$7000

80) Which of the below are examples of enterprise environmental factors?
A. Infrastructure
B. Political climate
C. Project management information system
D. Commercial databases

1. A
2. A, B
3. A, B, C
4. A, B, C, D