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1.  Funding requirements for a project are usually in incremental amounts that are not continuous, and these appear as a step function in the graph depicting Cash flow, Cost baseline and Funding. Any gap at the end of the project, between funds allocated and the cost baseline and cash flow amounts represents:

   A) The amount of Management Reserve that was not used
   B) The amount of Management Reserve that was not allocated
   C) The cost overrun
   D) Ineffective utilization of funds
   

2.  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
   

3.  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
   

4.  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
   

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