an Online Classes x + /mod/quiz/attempt.php?attempt-635476&ccmid-1074459 Document 10.duck DULCE Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics I1 2022S EPM 1143 8 [Online 42] Project Resource Pl Management me / My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Question 1 Contingency allowances are included as costs in activity cost estimating and are part of: Not yet nswered Ca. Cost baseline Marked out of O b. Procurement documents 1.00 O c Project Schedule Y Flag question O d. WBS Clear my choice Next page EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump 10... Proj Resource Mamt Pian $22 Proj HR Plan $22 - D HOLD -BCD FB FS F 10 F3 F7 AClasses X + iz/attempt.php?attempt=635476&cmid-1074459&page-2 cument 10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics I1 22S EPM 1143 8 [Online 42] Project Resource Pla Management y courses /. 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Aileen is working on an online portal project. The project's baseline cost is 1.8 million dollars. There is a Management Reserve of 0.2 million for this project. The project has so far spent $1.6 million. The current estimate is that the project will need another $0.6 million. The of planned duration of the project is 2 years. What does 2 million represent for this project? estion O a. Estimate At Completion Fini b. Budget At completion. O C Planned Value Time O d. Actual Cost Clear my choice Next page EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to.. oj Resource Migml Plan-52? 10 Proj HR Plan-527 - OLD OLD -BC D F10 FS F7 FB FS z X EA JA ?| & *-inam Rehman Online Classes X + m/moodle/mod/quiz/attempt.php?attempt=635476&cmid-1074459&page-1 ment7.docx Document 10.docx CESTAR COLLEGE Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics !1 2022S EPM 1143 8 [Online 42] Project Resource Management Home / My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Question 2 which of the can following be calculated by using more than one formula based on Project Not yet Situations? answered Marked out of O a. PV - Planned Value 1.00 O b. BAC - Budget at Completion P Flag question O C. EV - Earned Value d. EAC - Estimate at Completion Clear my choice Next page EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to. Proj Resource Mgit Plan-$22 Proj HR Plan-$22 10 DA 30 C D PS FB F9 F10 D/3 A & 6line Classes X + quiz/attempt.php?attempt=635476&cmid=1074459&page-4 Document 10.docx Student Services Coop & Career Activities & Events|Tutoring Centre|Administration Academics I1 022S EPM 1143 8 [Online 42] Project Resource P Management My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 5 Mariella has taken over a hospital renovation project which is 90% complete. Mariella wants to see the status of the project using the EVM technique. The budget of the project for work to be done until today is $96 million. The value of the work done according to the schedule out of baseline is $97 million. using the EVM method, what is the status of the project? question O a. The project is on time O b. There is not enough data to reach a conclusion O c. The project is behind schedule old. The project is ahead of schedule Clear my choice Next page - ERM 1143 Unit 10 Develop Jump to.. EPM 1143 Unit 11 Develop Proj Resource Mgint Plan-$27 10 30 Proj HR Plan-572 - OLD HOLD - BCDClasses X + iz/attempt.php?attempt-635476&cmid -1074459&page-3 scument10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academic 22S EPM 1143 8 [Online 42] Project Resourc Management courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Earned Value Management is considered best to review Project Progress against a. Project Budget and Contingency Reserves b. Project Tripple Constraints and Base Lines O c. Project Assumptions and Constraints tion O d. Project Risks and Project Reserves Clear my choice Next page M 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to... esource Mgmt Plan $22 Proj HR Plan 522 00 30 OLD -BC ghe Classes X quiz/attempt.php?attempt-635476&cmid-1074459&page=6 Document 10.ducx Student Services Coop & Career|Activities & Events Tutoring Centre|Administration Acaden 022S EPM 1143 8 [Online 42] Project Resour Management My courses /. 20225_EPM 1143 8 / Day 10 - / Cost Management Quiz - Summer 2022 7 Early in a project when very little detail is known about a project, to get a quick rough estimate we can use: out of a. analogous estimate O b. pert estimate question O c parametric estimate d. bottom-up estimate Clear my choice Next page - EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to. Proj Resource Mgit Plan-$22 Proj HR Plan-$22ine Classes X + quiz/attempt.php?attempt-6354768(cmid-10744598page-7 Document10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics IT 022S EPM 1143 8 [Online 42] Project Resource Pla Management My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Heena is working on a robotics project. The project's baseline cost is 2.8 million dollars. There is a Management Reserve of 0.2 million for this project. The project has so far spent $2.6 million. The current estimate is that the project will need another $0.9 million. The planned t of duration of the project is 2 years. What does $3.5 million represent for this project? estion O a. Actual Cost Fin O b. Budget At completion. C. Estimate At Completion Tim O d. Planned Value Clear my choice Next page PM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to.. Resource Mgml Plan-$22 Proj HR Plan-$22 - OLD - BCOnline Classes X + d/quiz/attempt.php?attempt-6354768cmid-1074459&page-8 Document 10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics I1 2022S EPM 1143 8 [Online 42] Project Resource Plannin Management My courses /. 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 9 Quiz navig Select the best advantage for Earned Value analysis 1 2 a. Good tool to calculate Project Progress and create the future forecast out of O b. Accurate understanding of Project Delays 10 11 O c. Good tool to perform Funds reconciliations question O d. Accurate Time and Cost estimation before starting the Project Finish affempt Clear my choice Time left 0:14:2 Next page EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump 10. oj Resource Mart Plan $22 Proj HR Plan $22 40 00 HOLD - BCD P 10 F 11 Fe P9 F4Online Classes X + hod/quiz/attempt.php?attempt-635476&cmid-1074459&page-10 Document10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics II 2022S EPM 1143 8 [Online 42] Project Resource Pla Management / My courses /. 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 stion 11 If you are managing a project to be completed in 4 Months with an overall Budget of yet 100,000.00 and an equal funds distribution plan. What would be your planned value After 3 wered Months? rked out of a. 75,000.00 Flag question O b. 25,000.00 Fir O C. 100,000.00 O d. 50,000.00 Tin Clear my choice Next page - EPM 1143 Unit 10 Develop EPM 1143 Unit 11 Develop Jump to. C Proj Resource Mamt Plan $22 Proj HR Plan 522 - 00 30 OLDOnline Classes X + d/quiz/attempt.php?attempt=635476&cmid=1074459&page-9 Document 10.docx Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics II 2022S EPM 1143 8 [Online 42] Project Resource Plan Management e / My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Qui estion 10 Asif is working on a college renovation project. The project's baseline cost is 2.8 million yet dollars. There is a Management Reserve of 0.2 million for this project. The project has so far swered spent $2.6 million. The current estimate is that the project will need another $0.4 million to arked out of complete. The planned duration of the project is 2 years. What will be your assessment of the 10 project? Flag question Finish O a. The project is within budget O b. The project is on Budget Time c. The project is Over budget O d. There is not enough data to reach a conclusion Clear my choice Next page - [PM 1143 Unit 10 Develop Jump to EPM 1143 Unit 11 Develop OLD - OLD -BC F7 FB FS F10Online Classes X + hod/quiz/attempt.php?attempt-635476&cmid-1074459&page=11 Document 10.docx EGE Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics IT 2022S EPM 1143 8 [Online 42] Project Resource Pl Management me / My courses /. 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Question 12 If you are managing a project to be completed in 4 Months with an overall Budget of Not yet 100,000.00. After 3 months you are getting a negative schedule Variance. What would be your nswered next action? Marked out of 1.00 O a. Expedite your work to finish your project on time. P Flag question O b. Slow down your work to finish your project on time. O c. Reduce your labor and manage with fewer resources. d. Try to find low-cost solutions and strict cost controls Clear my choice Next page EPM 1143 Unit 10 Develop Jump to... EPM 1143 Unit 11 Develop Proj Resource Mamt Plan S22 Proj HR Plan $22 30 Fa FB F9 F10 A PX + tempt.php?attempt-635476&cmid-1074459&page=12 ent 10.docx dent Services Coop & Career Activities & Events Tutoring Centre Administration Academics IT 2S EPM 1143 8 [Online 42] Project Resource P Management courses /. 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Lorelie has taken over a construction project which is 36% complete. The budget of the project for work to be done until today is $6 million. The project's planned duration is 3 years. The total budget of the project is $120 million. The amount spent by the project until today is of 6.5 million. What does $6 million represent? estion O a. Actual Cost b. Planned Value O C. Earned Value O d. Budget At completion. Clear my choice Next page EPM 1143 Unit 10 Develop Jump to.. EPM 1143 Unit 11 Develop Proj Resource Mgml Plan-$22 Proj HR Plan-$22 OLD 32 OLD F4 FS F6 FB X F9 F10 E3 Ahman Online Classes X + lle/mod/quiz/attempt.php?attempt-635476&cmid-1074459&page=13 Document10.docx COLLEGE Student Services Coop & Career Activities & Events Tutoring Centre Administration Academics 11 2022S EPM 1143 8 [Online 42] Project Resource P Management Home / My courses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Question 14 If you are managing a project and Negative Cost Variance has been calculated. What action Not yet will be appropriate to manage this project? answered Marked out of O a. Allow some overtime to recover the project. 1.00 O b. Release some of your resources to reduce Over all project Cost Flag question C. Ask Management to release Management Reserve O d. Release some of your contingency funds to recover the project. Clear my choice Next page ~ EPM 1143 Unit 10 Develop Jump to.. EPM 1143 Unit 11 Develop Proj Resource Mgmt Plan-$22 Proj HR Plan-$22 OLD -BC HOLD FS F6 FB X P AX + not.php?attempt=635476&cmid=1074459&page-14 10.docx nt Services Coop & Career Activities & Events Tutoring Centre Administration Academics II S EPM 1143 8 [Online 42] Project Resource Plannin Management rses / 20225_EPM 1143_8 / Day 10 - / Cost Management Quiz - Summer 2022 Quiz navi Shilpa is working on a process improvement project so that retail customer satisfaction can be improved. The project aims to reduce the waiting time from the current 9.6 minutes to 6.5 1 2 minutes. The project is budgeted for $1 million. The project is on schedule. The project is 75% complete and the current estimate is that the wait time will improve to 7.5 minutes due to the 10 11 work done so far. The project is having a remaining unspent budget of $0.2 million. What will 0.75 million represent for this project? Finish atlem O a. Planned Value Time left 0:0 b. Earned Value O C. Budget At completion. O d. Actual Cost Clear my choice Finish attempt. OLD -DC OLD - BCD F11