1. Earned value measures: a.ROI, NPV and PBP b.Quality c.Progress against budget
ID: 3908679 • Letter: 1
Question
1. Earned value measures:
a.ROI, NPV and PBP
b.Quality
c.Progress against budget
dStatus of deliverables
2. If a project has an SPI of 90% and a CPI of 110%, it is:
a.over budget, behind schedule
b.under budget, behind schedule
c.over budget, ahead of schedule
d.under budget, ahead of schedule
3.Three types of estimates are:
a.Budgetary, fiscal and MIPPS
b.ROM, budgetary and definitive
c.ROI, NPV and PBP
d.PMI, ASPCA and OMDB
4.Three estimating methodologies are:
a.Budgetary, experiential and governmental
b.analogous or top down, detailed or bottom up and parametric
c.experiential, regression and experimental
d.by luck, by guess and by golly
5.Three types of dependencies are:
a.absolute, negative and positive
b.start-start, start-stop and pause-stop
c.mandatory, external and discretionary
d.relative, in-law and natural
Explanation / Answer
Please Note: As per Chegg Answering Guidelines, I should answer the first question only. I have answered 4 questions here. Please Post Separate for other Questions.
Q)
Earned value measures:
ROI, NPV and PBP
Quality
Progress against budget
Status of deliverables
Answer)
Earned value measures:
Progress against budget
EVM measure the progress achieved by the project against the budget.
Q)
If a project has an SPI of 90% and a CPI of 110%, it is:
over budget, behind schedule
under budget, behind schedule
over budget, ahead of schedule
under budget, ahead of schedule
Answer)
SPI of 90%, so project is behind schedule
CPI of 110%, means the project is under budget.
Thus the correct option will be:
under budget, behind schedule
Q) Three types of estimates are:
Budgetary, fiscal and MIPPS
ROM, budgetary and definitive
ROI, NPV and PBP
PMI, ASPCA and OMDB
Answer)
ROM, budgetary and definitive
The above are the 3 types of estimates.
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