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5. Question 5 Cost Variance = BCWP – ACWP 1 / 1 point   True   False

2. Question 2 EVM = % complete x budget of the account 1 / 1 point   True   False

1. Question 1 The earned value establishes a direct relationship between percent complete of an account and the budget of the account. 1 / 1 point   True   False

5. Question 5 Choose the cost control methods discussed in the lecture. 1 / 1 point   Incremental Milestones   Start/Finish   Backward Planning   Earned Value Method   Cost Ratio

4. Question 4 Forecasts of future deviations trigger responsive actions which are designed to minimize future problems. 1 / 1 point   True   False

1. Question 1 Control functions tend to look at the past and the future rather than the present. 1 / 1 point   True   False

3. Question 3 Real-time control is achieved by comparing the actual value of a performance measure to its planned value. 1 / 1 point   True   False

3. Question 3 Effective cost control will require all of the following actions except 1 / 1 point   Interim valuations and certificates for payment   Cash flow control and forecasts through budgetary…

2. Question 2 Select all of the criteria which determine if a project is delivered successfully 1 / 1 point   To the required standards   On time   Within budget   Without…

6. Question 6 Which of the following is not a type of change order? 1 / 1 point   Time and Material Change Order   Customer Requested Change Order   Lump Sum Change…