15. Given the following status data, EV $1100,PV=$1000, AC=$1050, what is the status of the project at this point in time? a. On budget, On schedule b. Over budget, ahead of schedule c. Under budget, ahead of schedule d. Over budget, behind schedule 16. Given an SPI of .93, what is the level of performance for this project? a. The project is over budget b. The project is not producing deliverables at the planned rate c. The project is going to finish early d. The project is performing as expected 17. Which statement is NOT TRUE regarding the monitoring cycle? a. Obtain status information b. Compare planned versus actual c. Determine magnitude of the variance d. Take action to correct all schedule issues 18. What are four areas that the project manager and should be monitoring? a. b. c. d. 19. Adding resources to reduce the duration of a work package on the critical path is an example of which schedule management technique? a. Fast tracking b. Compression c. Reducing scope d. Working overtime 20. Monitoring risk throughout the project is accomplished by which of the following practices? a. Status Meetings b. Risk Reviews c. Risk Audits d. All of the above 7. Increasing the probability and or the impact of a risk event to an acceptable threshold is an example of which response strategy? a. Exploit b. Enhance c. Mitigate d. Accept 8. What elements are used to develop the project baseline? a. b. c. 9. How many work packages are beginning in woek 5? \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline 78 & f= & = & & & ur & & a & & & & +1 & z: & a & a & ta & cal & en \\ \hline & 1=21 & x & -1 & tan & 8 & & & & & & & & & & & & \\ \hlinei & +i & tim & in & & + & 4 & = & & & 8 & = & + & = & r & & & = \\ \hline E & = & 12 & 2= & & & & mint & & & & & & & & & & \\ \hline & = & & & & & & & & z & & 3 & & & & & & \\ \hline & & & - & & & & & & - & & & & & & & & \\ \hline & += & & =+ & & = & & & & & 4=1+5 & 5 & & & & & & = \\ \hline & 1= & & & & & & & & = & & & & & & =4 & =4 & =4 \\ \hline & & hast & & & & f= & & & & & & & & & & & \\ \hline & & & & 4= & & & & & Prise & & & gine & sian & x2=0 & & rait & E= \\ \hline \end{tabular} a. 5 b. 3 c. 2 d. None 10. How many work packages are completed in week 9 ? a. 5 b. 3 c. 2 d. 1 11. What is the funding required to support the work in week 8 ? a. $1,000 b. $8,000 c. $1,300 d. $900 12. The authorized budget assigned to the schedule work to be accomplished is called a. Budget at Complete b. Planned Value c. Earned Value d. Actual Cost 13. The approved budget for the completed work is called a. Budget at Complete b. Planned Value c. Earned Value d. Actual Cost 14. The sum of all the costs for performing the work on all work packages is called a. Planned Value b. Earned Value c. Actual Value d. Budget at Complete 1. Ensuring that all stakeholders are aware of the risk events on the project is a demonstration of which principle? a. Accountability b. Defensibility c. Transparency d. Repeatability 2. Adhering and enforcing the risk management process throughout the life of your project is an example of which principle? a. Defensibility b. Scalability c. Accountability d. Commitment 3. Which of the following is NOT a quantitative analysis technique for analyzing the impact of risk events? a. Delphi b. Expected monetary value c. Decision Tree d. PERT 4. What's the risk score of an event that has a probability ranking of 5 , and an impact ranking of 3 ? a. 5 b. 3 c. 8 d. 15 5. Given the following data, probability of .35 , budget of $4,500, what is the expected monetary value of the risk event? a. $1,575 b. $4,500 c. $6,075 d. $575 6. Changing the project management plan to eliminate a threat is an example of which response strategy? a. Escalate b. Avoid c. Transfer d. Share