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1.  Which of these are not inputs to the Determine Budgets process?

   A) Cost baseline, Requirements traceability matrix
   B) Project schedule, contracts
   C) Basis of estimates, Activity cost estimates
   D) Project schedule, Resource calendars
   

2.  A project is estimated to cost $ 50,000 with a timeline of 50 days. After 25 days, the project manager finds that 50% of the project is complete and Actual costs are $ 50,000. What is the Cost Performance Index (CPI) ?

   A) The CPI is 1
   B) The CPI is 1.5
   C) The CPI is 2
   D) The CPI is 0.5
   

3.  An estimating technique that uses a statistical relationship between historical data and other variables (for example, square footage in construction, lines of code in software development) is known as:

   A) Parametric Estimating
   B) Analogous Estimating
   C) Bottom-up Estimating
   D) Historical Analysis
   

4.  A variance threshold for costs or other indicators to indicate the agreed amount of variation allowed is called:

   A) Variance limits
   B) Control threshold
   C) Cost limit
   D) Acceptable threshold
   

5.  As a project manager, you periodically do project performance reviews to compare cost performance over time, schedule activities or work packages over-running and under-running budget, milestones due, and milestones met. Which of the following is not a valid technique that you would use for performance-reporting?

   A) Trend Analysis
   B) Earned Value Performance
   C) Variance Analysis
   D) Integration Analysis