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…
5. Question 5 Change orders are changes to the construction contract that occur after award of the contract while being within the general scope of the contract. 1 / 1 point True…
4. Question 4 You use an S Curve in reporting for all of the following reasons except 1 / 1 point Cumulative project cost against time Used as a desired forecast…
