1.
A project manager is using the earned value reporting method to manage his project. The following table shows the data collected to date. The plan is for the project to be complete after eight weeks. The earned value report shows data collected for the first four weeks of the project. The figures shown in the table are cumulative. What is the BAC for the project during week 4?
2.
A project manager is using the earned value reporting method to manage his project. The following table shows the data collected to date. The plan is for the project to be complete after eight weeks. The earned value report shows data collected for the first four weeks of the project. The figures shown in the table are cumulative. What is the cost variance for week 4?
3.
A project manager is using the earned value reporting method to manage his project. The following table shows the data collected to date. The plan is for the project to be complete after eight weeks. The earned value report shows data collected for the first four weeks of the project. The figures shown in the table are cumulative. What is the cost performance index for week 4?
4.
A project manager is using the earned value reporting method to manage his project. The following table shows the data collected to date. The plan is for the project to be complete after eight weeks. The earned value report shows data collected for the first four weeks of the project. The figures shown in the table are cumulative. What is the schedule performance index for week 3?
6.
A project manager is using the earned value reporting method to manage his project. The following table shows the data collected to date. The plan is for the project to be complete after eight weeks. The earned value report shows data collected for the first four weeks of the project. The figures shown in the table are cumulative. During week 5 it is found that some of the work that was reported complete in week 2 was considered unacceptable. It will require $500 to fix the problem and make this work acceptable. The work is scheduled to be done in week 6. No other work is reported to be complete during week 5. What is the EV for week 5?
7.
The time phased cost of the project that reflects the expenditures rather than the consumption of a resource that will be used to measure and monitor cost performance on a project is the:
8.
Using the formula: Present value S/(1i)n where ‘‘i’’ is the interest rate in percentage, ‘‘n’’ is the number of periods, and ‘‘S’’ is the starting amount, the following table is produced:
Based on the table, what is the value of an annual income flow of $1,300
each year over the next three years at 12%?
9.
A large piece of equipment is needed for the project. It will be retained and used after the project is completed. The equipment has a value of $500,000, and it has a scrap value of $50,000 at the end of its useful life of ten years. If the sum of the years’ digits method of depreciation is used, what is the depreciation that is taken at the end of the third year?
10.
In terms of earned value reporting, a project is considered complete when the:
