The budgeted cost of the work performed (BCWP) for a task that has just been completed can be calculated by:A . Multiplying the actual hours worked on the project by the budgeted labor rate.B . Multiplying the budgeted hours to complete the task by the budgeted labor rate.C . Dividing the actual hours required to complete the task by the budgeted labor rate.D . Cannot be determined.E . None of the above
The budgeted cost of the work performed (BCWP) for a task that has just been completed can be calculated by:
A . Multiplying the actual hours worked on the project by the budgeted labor rate.
B . Multiplying the budgeted hours to complete the task by the budgeted labor rate.
C . Dividing the actual hours required to complete the task by the budgeted labor rate.
D . Cannot be determined.
E . None of the above
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Using the cumulative cost curve in the special window, height B representsA.actual cost to dateB.total budgeted costs for the projectC.planned cost for monthD.cost varianceE.earned value
You have summarized the project and note that , hours have been scheduled, , hours have been earned and , hours paid. The correct conclusion is:A.The project is operating at a favorable cost efficiency ratio.B.the project is spending more than plannedC.the project is behind scheduleD.the project is ahead of scheduleE.B and C
The Cost Performance Index is computed as:A . budget cost of work performed divided by actual cost of work performedB . budget cost of work performed minus actual cost of work performedC . budget cost of work performed minus budget cost of work scheduledD . budget cost of work scheduled divided by budget cost of work performedE . actual cost of work scheduled divided by budget cost of work performed
Upon completion of 75% of the project, the original schedules and cost estimates that were submitted at the inception of the project are referred to as the:A . Baseline costsB . Budgeted costs.C . Estimates upon completion costsD . Scheduled costsE . None of the above
The planned cost for the total project at its inception is called the _____.A . Cost of goods sold.B . Depreciable value.C . Budgeted cost.D . All of the above.E . B and C only.
The most common method for pricing out non-burdened labor hours for a three year project would be to:A . Price out the hours at the actual salary of the people to be assigned.B . Price out the work using a company-wide average labor rate.C . Price out the work using a functional group average labor rate.D . All of the above.E . A and B only.
An element in the WBS was estimated to require 1 month for completion with 1000 hours of labor and a burdened cost of $50K. The task was completed in 1000 hours but a burdened cost of $60K. The most likely reason for the increase would be:A . Higher salaried employees were assigned.B . Overtime was required.C . The overhead rate increased.D . Employee salaries had increased.E . Any of the above
A graphical display of accumulated costs and labor hours for both budgeted and actual costs, plotted against time, is called a(n) _____.A . Trend line.B . Trend analysis.C . S curve.D . Percent completion report.E . Earned value report.
The cost of a quality program should be budgeted at _____ of the total project.A . 10-12%B . 2-3 %C . 6-8%D . 3-5%E . more than 15 %
58 A graphical display of accumulated costs and labor hours for both budgeted and actual costs, plotted against time, is called a(n) _____.A. Trend line.B. Trend analysis.C. S curve.D. Percent completion report.E. Earned value report
89 An element in the WBS was estimated to require 1 month for completion with 1000 hours of labor and a burdened cost of $50K. The task was completed in 1000 hours but a burdened cost of $60K. The most likely reason for the increase would be:A. Higher salaried employees were assigned.B. Overtime was required.C. The overhead rate increased.D. Employee salaries had increased.E. Any of the above
100 The most common method for pricing out non-burdened labor hours for a three year project would be to:A. Price out the hours at the actual salary of the people to be assigned.B. Price out the work using a company-wide average labor rate.C. Price out the work using a functional group average labor rate.D. All of the above.E. A and B only
146 The planned cost for the total project at its inception is called the _____.A. Cost of goods sold.B. Depreciable value.C. Budgeted cost.D. All of the above.E. B and C only
159 The budgeted cost of the work performed (BCWP) for a task that has just been completed can be calculated by:A. Multiplying the actual hours worked on the project by the budgeted labor rate.B. Multiplying the budgeted hours to complete the task by the budgeted labor rate.C. Dividing the actual hours required to complete the task by the budgeted labor rate.D. Cannot be determined.E. None of the above
23 Upon completion of 75% of the project, the original schedules and cost estimates that were submitted at the inception of the project are referred to as the:A. Baseline costsB Budgeted costs.C. Estimates upon completion costsD. Scheduled costsE. None of the above
110 The cost of a quality program should be budgeted at _____ of the total project.A. 10-12%B. 2-3 %C. 6-8%D. 3-5%E. more than 15 %
105 Upon completion of 75% of the project, the original schedules and cost estimates that were submitted at the inception of the project are referred to as the:A. Baseline costsB. Budgeted costs.C. Estimates upon completion costsD. Scheduled costsE. None of the above
()is the budgeted amount for the work actually completed on the schedule activity or WBS component during a giving time period. A.PlannedvalueB.Earned valueC.ActualcostD.Costvariance
135 Using the cumulative cost curve in the special window, height B representsA. actual cost to dateB. total budgeted costs for the projectC. planned cost for month 6D. cost varianceE. earned value
is the budgeted amount for the work actually completed on the schedule activity or WBS component during a given time period．A．Planned valueB．Earned valueC．Actual costD．Cost variance
● You are a project manager for a small project. Your project was budgeted for ￥500,000 over a six-week period. As of today, you've spent ￥260,000 of your budget to complete work that you originally expected to cost ￥280,000. According to your schedule, you should have spent ￥300,000 by this point. Based on these circumstances, your project could be BEST described as （74） .（74）A．Ahead of scheduleB．Behind scheduleC．On scheduleD．Having not enough information provided
The difference value between Budgeted Cost for work Performed and Actual Cost for Work Performed is（ ）.A.Cost Variance B.Schedule Variance C.Earned Value D.Cost Performed Index
()is the Budgeted amount for the work actually completed on the schedule activity or WBS component during a given period。 A.Planned valueB.Actual costC.Earned valueD.Cost variance
The difference value between Budgeted Cost for Work Performed and Actual Cost for Work Performed is ( ). A.Cost Variance B.Schedule Variance C.EarneD.Value D.Cost PerformeD.Index
（）is the budgeted amount for the work actually completed on the schedule activity or WBS component during a giving time period.A、PlannedvalueB、Earned valueC、ActualcostD、Costvariance
（）is the budgeted amount for the work actually completed on the schedule activity or WBS component during a given time period.A、Planned valueB、Earned valueC、Actual costD、Cost variance
单选题（）is the budgeted amount for the work actually completed on the schedule activity or WBS component during a given time period.APlanned valueBEarned valueCActual costDCost variance