Project Management Quiz - 51

1. Using the situation stated in the Special window, which WBS element is behind schedule but under budget?
[A]Element P
[B]Element Q
[C]Element R
[D]Element S
[E]None of the above.



2. Using the situation stated in the Special window, which WBS element has a favorable cost variance of $150?
[A]Element P
[B]Element Q
[C]Element R
[D]Element S
[E]None of the above.



3. Using the situation stated in the Special window, the cost performance index (CPI) for WBS Element R is:
[A]0.875
[B]1.14
[C]0.952
[D]0.833
[E]1.2



4. Using the situation stated in the Special window, the schedule performance index (SPI) for WBS Element P is:
[A]1.1
[B]0.9
[C]0.956
[D]1.15
[E]0.869



5. Using the situation stated in the Special window, WBS Element Q is _____ budget by _____ percent.
[A]Over, 16.66
[B]Under, 16.66
[C]Over, 10.0
[D]Under, 10.0
[E]None of the above.



6. Using the situation stated in the Special window, a comparison of the cost schedule of August as compared to July shows that the magnitude ($ value) of the variance has _____ and the percentage change has _____.
[A]Become worse, become worse
[B]Become worse, improved
[C]Improved, increased
[D]Improved, become worse
[E]None of the above are correct



7. Using the situation stated in the Special window, the total price variance of direct material is:
[A]80245
[B]-4236
[C]-3479
[D]0.69
[E]83994



8. Using the situation stated in the Special window, the labor rate cost variance is:
[A]66927
[B]68329
[C]386
[D]-0.22
[E]18.36



9. Using the situation stated in the Special window, what is the total fixed costs for manufacturing the widgets?
[A]3000
[B]27000
[C]27270
[D]1335
[E]1000



10. Using the figure in the Special window, The critical path is:
[A]A-B-G
[B]C-G
[C]C-D
[D]E-F
[E]A-B-G and C-D



11. Using the figure in the Special window, By how many weeks can activity "F" slip without extending the end date of the project?
[A]0
[B]1
[C]2
[D]3
[E]4



12. Using the data shown in the Special window, Activities P, Q, and T are critical path activities. In order to shorten the time duration of the project, which activity should be "crashed" first?
[A]P
[B]Q
[C]R
[D]S
[E]T



13. Using the possible profit and loss outcomes shown in the Special window, find the expected profit (loss)
[A]-1000
[B]1000
[C]2000
[D]1200
[E]None of the above



14. Using the figure in the Special window, The Critical path is _____ weeks.
[A]21
[B]22
[C]23
[D]24
[E]25



15. Using the possible loss outcomes shown in the Special window, find the expected (loss)
[A]0
[B]-1300
[C]-2000
[D]-3000
[E]None of the above