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A project is in its 17th week and has just completed activity H. The total costs to complete the project

through activity H was budgeted as $47,600. According to the project plan, activity H was to be completed by week 18. The actual costs incurred to complete the project through activity H was $52,100. Which of the following tools should be used to help determine whether or not the project is on schedule and within budget?

-Project Scope Chart

-Work Breakdown Structure

-Project Network Diagram

-Earned Value method


Which of the following steps is most helpful in creating an effective project schedule?

-Monitoring plan

-Work Breakdown Structure

-Risk Breakdown Structure

-Earned Value Method


The Earned Value Method is an important management tool and is used primarily in which of the following Process Groups.




-Monitoring and Control


During the planning process, Surveys should not be used when it is necessary to collect data from many individuals.




"Begin Data Collection" is not an appropriate way to define a task in a WBS.




A company is organized in such a way that project teams include members that report directly to their functional area managers (marketing, operations etc.) and not to a project manager. This form of project organization is referred to as a ______________ .





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39 Earned Value method 40 Work Breakdown Structure 42 Monitoring and Control 43 False. Surveyresearch... View the full answer

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