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