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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
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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
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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
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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
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100 The difference between the BCWS and the BCWP is referred to as the:A. Schedule varianceB. Cost variance.C. Estimate of completionD. Actual cost of the work performedE. None of the above
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Any difference between the fair market values of the securities and their cost is a realized gain or loss.()
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The earned value technique is a commonlyused method of performance measurement. It integrates project scope, cost, andschedule measures to help the project management team assess projectperformance.If a project’s Schedule Performance Index(SPI=EV/PV) value less than 1.0, itmeans that (74).A.the project is ahead of its planned scheduleB.less work was completed than was plannedC.the cost overrun for work completedD.the cost under-run of performance to date
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The cost performance index(CPI) is the ratio of earned value to () and can be used to estimate the projected cost of completing the project.A.cost varianceB.planned costC.planned costD.actual cost
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is the budgeted amount for the work actually completed on the schedule acticity or WBS comonent during a given period。A.Planned valueB.Actual costC.Earned valueD.Cost variance
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Much of the effort cost control involves analyzing the relationship between the consumption of project funds and the work being accomplished for such expenditures . The key to effective cost control is the management of the approved ( ) .A.Schedule baseline
B.Cost baseline
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The cost performance index(CPI) is the ratio of earned value to ( ) and can be used to estimate the projected cost of completing the project.A.cost variance
B.planned cost
C.Planned value
D.actual cost
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The difference value between Budgeted Cost for Work Performed and Actual Cost for Work Performed is ( ). A.Cost Variance
B.Schedule Variance
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D.Cost PerformeD.Index
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The cost performance index(CPI) is the ratio of earned value to ( ) and can be used to estimate the projected cost of completing the project. A. cost variance
B.planneD.cost
C.PlanneD.value
D.actual cost
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()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
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