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Q169. You work as a Project Manager for Tech Perfect Inc. You are looking for performance efficiencies of a project. The related key values are provided in the table below:

What will be the cost variance (CV) of the project at the current point of time?

A. +80

B. -80

C. -10

D. +10

Answer: B


Q170. You are the project manager of the HQQ Project. Your project is running late by ten percent of where you should be at this time. Management is concerned and they'd like to know what your schedule variance is. Considering that the project has a BAC of $567,899, you are thirty percent complete, and you have spent $179,450. What is the schedule variance for this project?

A. -$45,789

B. -$56,790

C. There is not enough information to know.

D. -$30,268

Answer: B


Q171. A construction company is about to start a new project. It requires hiring a project manager for this project.

Which of the following are the most important skills that a person must have to be selected as a project manager?

A. Problem solving

B. Team building and human resources

C. Leading

D. Communication

E. Negotiation and influential

Answer: D


Q172. You are the project manager of a research project. Because much of the project work will be based on what is discovered in each stage of the project work, you are directing the project time to focus on creating time estimates for the most imminent research work and broad estimates for the project work that is coming later in the project. What type of planning are you using in this project?

A. Milestone planning

B. Rolling wave planning

C. Phase gates

D. Decomposition

Answer: B


Q173. Examine the figure given below:

If Activity B takes eight days to complete instead of five days as schedule, how long can you now delay Activity H?

A. Three days

B. One day

C. Four days

D. Zero days

Answer: B


Q174. You are the project manager of the HQQ Project. Your project is running late by ten percent of where you should be at this time. Management is concerned. Considering that the project has a BAC of $567,899, you are thirty percent complete, and you have spent $179,450. What is this project's to-complete performance index based on the current BAC?

A. 1.02

B. 0.010

C. 0.75

D. 0.95

Answer: A


Q175. Donna is the project manager of the QSD Project and she believes Risk Event D in the following figure is likely to happen.

If this event does happen, how much will Donna have left in the risk contingency reserve if none of the other risk events have happened?

A. $35,000

B. $41,700

C. $6,700

D. $14,000

Answer: C


Q176. You are the project manager for your organization. You are working with your project team to develop the project schedule. You would like to automate much of the scheduling by using Microsoft project. Microsoft project as a scheduling tool is an example of what tool and technique for the Develop Schedule Process?

A. Organizational process asset

B. Scheduling tool

C. Project Management Information System

D. Project office software

Answer: B