The project has spent $5,000 to date. The earned value of the project is $7,500. Which of the following is the project's CPI?
A. -$2,500
B. $12,500
C. 0.67
D. 1.5
The project has spent $5,000 to date. The earned value of the project is $7,500. Using earned value management, which of the following is correct?
A. The project is ahead of schedule.
B. The project is over budget
C. The project is behind schedule.
D. The project is under budget.
In which of the following situations would a project manager conduct a post mortem?
A. The project sponsor stopped the project.
B. A key stakeholder is upset with the quality of a deliverable.
C. A new project manager has been assigned to the project.
D. To determine why the change control board rejected a change request.
A change request has been approved for a project. Which of the following actions should be taken FIRST by the project manager?
A. Perform an analysis to determine the impact on the project
B. Create an updated Pareto chart
C. Update the appropriate project plan documents
D. Identify project cost and schedule variances
Which of the following is an appropriate response to an expected risk opportunity?
A. Mitigation
B. Exploiting
C. Acceptance
D. Avoidance
An unexpected risk has been identified in a project. Which of the following actions should the project manager perform FIRST?
A. Add the risk to the risk register
B. Update the project probability / impact matrix
C. Submit a change request
D. Perform a risk qualitative analysis
A project is experiencing quality issues with the deliverable product. Which of the following tools would be used to identify and prioritize the MOST commonly occurring issues?
A. Scatter diagram
B. Pareto chart
C. Ishikawa diagram
D. Trend analysis
Which of the following bodies has external influence regarding standards compliance?
A. PMO
B. OBS
C. ISO
D. CCB
Which of the following risk responses would be characterized by having knowledge of a risk event and taking advantage of the risk?
A. Accepting
B. Enhancing
C. Exploiting
D. Sharing
A project manager has calculated their project to have a SV of -$5,000. Which of the following conclusions is correct?
A. The project is over budget
B. The project baseline is incorrect
C. The project is behind schedule
D. The project is under budget
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