1.
A project manager is considering applying learning curve theory to his project. The project involves designing a number of software modules that are very similar. According to the cost figures that have been collected the first unit required 100 person-hours to design and test. The second unit required 90 person-hours to design and test. How many person-hours will the eighth module take to design and test?
2.
A construction company is being measured by the earned value reporting method. During the project one of the tasks, installing ten elm trees, was completed. The planned value for this task was $4,000, and it was completed two weeks ago. Unfortunately for the contractor, maple trees should have been planted. The customer insists that maple trees be planted and that the elm trees be removed. As of this time the elm trees are still in the ground, but the contractor has agreed to do the work of replacing them. What action should be taken on the earned value report?
3.
The calculation of the EAC assumes that:
4.
A project manager decides that for this point in the project life cycle she will use an analogous estimate. One of the things that the project manager will not have to worry about in preparing this estimate is:
5.
What factors need to be known in order to be able to calculate the ETC?
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. What is the schedule variance in week 2?
7.
A project manager is preparing the budget for the project. There are several inputs to the budgeting process that the project manager will use. One of the things that the project manager will not use is the:
8.
Learning curve theory emphasizes that in producing many goods:
9.
A project team has a programmer on the team. The programmer will work on the project for twenty-six weeks as a full time team member. Her utilization is 72%, productivity is 80%, basic wages are $50 per hour, fringe benefits are 30%, and overhead costs are 50% of wages plus fringe benefits. Use a forty hour work week. What is the cost of this employee for the project?
10.
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 EAC at week 4?
