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1. Successful Project Monitoring Systems (PMS) plan, monitor, and facilitate control of:
a. Budgets vs Expenses
b. Project Activities on PERT-CPM diagrams
c. On-time Delivery of products
d. Time vs Schedule, Cost vs Budget, and Performance vs Planned Scope.
Ans: d
Refer to Section10.1
Bloom’s: Knowledge
2. A good project monitoring system will require _________ as compared to commonly used
systems:
a. Greater up-front planning time & investment.
b. Less cost.
c. More time & money, but reduce risk to zero.
d. Outside consultants to manage them.
Ans: a
Refer to Section 10.1
Bloom’s: Knowledge
Learning Objective10.2 Discuss the importance of information needs and the reporting process.
Ans: c
Refer to Section 10.2
Bloom’s: Knowledge
Ans: b
Refer to Section 10.2
Bloom’s: Knowledge
Learning Objective10.3 Explain how to compute earned value calculations and execute an
earned value analysis.
Ans: d
Refer to Section 10.3
Bloom’s: Knowledge
Ans: c
Refer to Section 10.3
Bloom’s: Knowledge
Ans: a
Response: Refer to Section10.3
Bloom’s: Knowledge
Ans: d
Response: Refer to Section 10.4
Bloom’s: Knowledge
9. Today, Project Managers generally use _______ to build schedules and track progress for
large, complex projects.
a. Slide-rules.
b. Hand-held electronic devices, such as cell-phones.
c. Large, sophisticated computer programs running on PCs.
d. Mainframe computers.
Ans: c
Refer to Section 10.4
Bloom’s: Knowledge