Schedule variance Study guides, Class notes & Summaries

APM - PFQ (PFQ) Practice Tests/ APM PFQ Exam Questions & Answers Test Bank_2023. Which of the following is not a stage in an issue resolution process? a. Share the issue with stakeholders. b. Track the issue to closure. c. Escalate to the sponsor. d. Apply change control. Which of the following are challenges for a project manager developing and leading a project team? 1) Issues and incompatibility amongst team members 2) Getting the right skills and attributes amongst team me...

EVM 101 Module 5 Assessment and Management Action Exam 2023 | Verified Answers. What are some typical management actions integrated analysis using Earned Value Management (EVM) data can support? [Recognize the steps and sub-steps of a three-step Integrated Analysis Model] Making tradeoff decisions to reduce cost, adjusting budget requests Determining requirements for the warfighter Helping the Government decide to withhold some of the contractor management reserve for Government us...

5 process groups - Initiating Planning Executing Monitoring and Controlling Closing ten knowledge areas - Integration Scope Time Cost Quality HR Communications Risk Procurement Stakeholder management total float formula - total float = late finish - early finish normal distribution - bell curve - symmetrical distribution - 50% chance of falling below the mean and 50% chance of falling above the mean (1sigma=68.27%. 2sigma = 95.45%. 3sigma= 99.73%) triangular distribution...

PMI Prep Exam #2 Questions & Answers 2024/2025 Planned Value (PV) - ANSWERSis the amount of the budget that was allocated to the work that was planned to be completed by a specific date. So today's planned value is the value of the work that should have been accomplished by now. Earned Value (EV) - ANSWERSis the actual value of the work that has been completed so far, based on the budgeted funds assigned to that work. In other words, it's the approved cost estimate of an activity multi...

5 process groups - Initiating Planning Executing Monitoring and Controlling Closing ten knowledge areas - Integration Scope Time Cost Quality HR Communications Risk Procurement Stakeholder management total float formula - total float = late finish - early finish normal distribution - bell curve - symmetrical distribution - 50% chance of falling below the mean and 50% chance of falling above the mean (1sigma=68.27%. 2sigma = 95.45%. 3sigma= 99.73%) triangular distribution...

Management by exception (MBE) is A. designed to locate bottlenecks B. designed to pinpoint superior performance C. a form of index locating D. a form of variance reporting correct answers D. a form of variance reporting In managerial terms, gap analysis is useful primarily in A. problem solving B. setting standards C. inventory control D. locating bottlenecks correct answers A. problem solving ABC analysis involves A. problem solving C. brainstorming B. indexing D. inventory ...

CAPM Test Bank with 100% Correct Solutions. 5 process groups ️ Initiating Planning Executing Monitoring and Controlling Closing Ten knowledge areas ️ Integration Scope Time Cost Quality HR Communications Risk Procurement Stakeholder management total float formula ️ total float = late finish - early finish normal distribution ️ bell curve - symmetrical distribution - 50% chance of falling below the mean and 50% chance of falling above the mean (1sigma=68.27%. 2sigma = ...

HESI Fundamentals Test Bank (2022) EXAM TEST BANK 2024 | ACCURATE REAL EXAM QUESTIONS AND ANSWER | VERIFIED FOR GUARANTEED PASS | GRADED A + A client is in the radiology department at 0900 when the prescription levofloxacin (Levaquin) 500 mg IV q24h is scheduled to be administered. The client returns to the unit at 1300. What is the best intervention for the nurse to implement? A. Contact the healthcare provider and complete a medication variance form. B. Administer the Levaquin at 1300 and r...

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

Three-point estimate Correct Answer-(most likely estimate + optimistic estimate + pessimistic estimate)/3 = (40 + 24 + 65)/3 = 43 hours formula for SV (schedule variance) Correct Answer-SV = EV - PV project scope documents Correct Answer-product description, key deliverables, success and acceptance criteria, key performance indicators, exclusions, assumptions, and constraints scope statement Correct Answer-The scope statement is used as a baseline for future project decisions. The scope...