A schedule performance index (SPI) of 1 means: A) The project is behind schedule. (B) The project is ahead of schedule. O C) The project is right on schedule. O D) Work is stalled on the project.U y ine project is right on schedule. D) Work is stalled on the project. Question 2 (1 point) Listen Crashing a project means allocating additional resources to a particular task, so that it is completed in less time than originally allotted, thereby helping the project to be completed in less time. ( A) True ( B) False Question 3 (1 point) ) Listen What does the term critical path mean?(B) False Question 3 (1 point) Listen What does the term critical path mean? A) The critical path in a project represents the path that takes the most time to complete. (B) It is the path that has zero slack meaning delays on this path will delay the entire project. OC) It is the least amount of time it will take to accomplish a task with unlimited resources assigned. OD) A and B O E) B and CO E) B and C Question 4 (1 point) Listen The formula for calculating the difference between planned and actual schedule progress is: A) SV= EV-PV OB) CV=EV-PV O C) SPI= EV/PV OD) ETC= BAC-EVQuestion 5 (1 point) Listen Which process group consists of processes required to track, review, and regulate the progress and performance of your project? A) Executing Process Group B) Monitoring and Controlling Process Group O C) Initiating Process Group O D) Closing Process Group Previous Page Next Page Page 1 0Previous Page Next Page Question 6 (1 point) Listen Contingency reserves are used to handle or take care of: A) Unexpected expenses that arise during the project B) Unplanned cost overruns on the project O C) A and B OD) None of the aboveQuestion 7 (1 point) Listen When calculating the cost variance, which is the difference between the earned value and the actual cost, a negative result means that: A) The project is right on track. O B) You are achieving less than you predicted for the money. C) You are achieving more than you predicted for the money. O'D) The project is static, i.e., nothing is happening. Question 8 (1 point) E ) ListenQuestion 8 (1 point) Listen Which of the following is true about project risk management: ()A) Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk. (B) The project team mitigates risks in different ways, like avoidance, reduction, transfer, and sharing. O C) A risk mitigation plan is designed to eliminate or minimize the impact of risk events on the project. (D) A risk is an uncertain event that might affect your project negatively or sometimes positively. E) All of the aboveQuestion 9 (1 point) Listen All these are methods of estimating the project budget, except A) Parametric estimation method O B) Analogous estimation method C) Bottom-up estimation method O D) Up-bottom estimation method Question 10 (1 point)( UI Up-BULLUIII ESLIIIIdLIVINNEUIVY Question 10 (1 point) Listen The group of people who can consider change requests for approval is called: A) Change Control Board O B) Conflict Control Board O C) Planning Committee O D) Implementation Control Board Previous Page Next Page Page