Please Do not press "Submit" at the end of the exam until you are sure of your responses, as your test will be graded immediately.
You can hover your mouse pointer over to see the question ID. Good luck!

1.  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
   

2.  The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:

   A) An S-curve
   B) An inverted S curve.
   C) Pie-chart
   D) A Z curve
   

3.  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
   

4.  Lucy is a project manager involved in the Estimate Costs process in the initiation phase of a project. Given the limited detail available to her, what would you expect the range of her estimate to be and what would you call such an estimate?

   A) -25 to +25 %, Rough Order of Magnitude
   B) -10 to +10 %, Budgetary
   C) -1 to +1 %, Definitive
   D) -50 to +50 %, Rough Order of Magnitude
   

5.  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