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11. Which of the following is an output of the process of controlling costs? b.

ID: 425738 • Letter: 1

Question

11. Which of the following is an output of the process of controlling costs? b. Project funding requirements d. Scope baselines a. Cost forecasts c. Basis of estimates 12. Cost variance is: a. the planned value plus actual costs b. the earned value minus the actual cost. c. the rate of performance minus earned value d. the planned value minus the rate of performance. 13. Which of the following is true of the schedule performance index (SPI)? a. It can be used to estimate the projected time to complete the project. b. It means that a project is behind schedule if an SPI is greater than one c. It means that a project is ahead of schedule if SPI is lesser than one or hundred percent. d. It is the ratio of planned value to actual costs. 14. One of the main outputs of the process are the issue logs a. Planning stakeholder management c. Managing stakeholder engagement b. Identifying stakeholders d. Controlling stakeholder engagement involves monitoring stakeholder relationships and adjusting plans and strategies for engaging stakeholders as needed. a. Planning stakeholder management c. Managing stakeholder engagement b. Identifying stakeholders d. Controlling stakeholder engagement

Explanation / Answer

11. A. Cost forecasts

12. B. the earned value minus the actual cost

13. A. it can be used to estimate the projected time to complete the project.

14. C. managing stakeholder engagement

15. D. controlling stakeholder engagement