Skip to main content

Project Management For Managers Assignment 11 Answers 2021

 Q1. Which of the technique uses a statistical relationship between historical data and other variables to calculate a cost estimate for a schedule activity resource?  

(A) Parametric Estimating  

(B) Bottom-up Estimating 

(C) Vendor Bid Analysis 

(D) Reserve Analysis 

Ans:- (A) Parametric Estimating  

Q2. Which of the following is not a cost control technique?  

(A) Reserve analysis  

(B) Project performance reviews 

(C) Forecasting 

(D) Variance management

Ans:- (A) Reserve analysis  

Q3. Which of the following is a cost estimating technique?  

(A) Variance management  

(B) Cost aggregation 

(C) Parametric estimating 

(D) Cost change control system 

Ans:- (C) Parametric estimating 

Q4. Estimating the cost of individual work packages or individual schedule activities with the lowest level of detail is called.  

(A) Parametric Estimating  

(B) Bottom-up Estimating  

(C) Vendor Bid Analysis  

(D) Reserve Analysis 

Ans:-(C) Vendor Bid Analysis  

Q5. Which of the following is not a cost budgeting input?  

(A) Project scope statement 

(B) Project schedule 

(C) Work breakdown structure 

(D) Performance reports

Ans:- (D) Performance reports

Q6. Which of the following is not used to provide performance measurement of any work at given point of time.  

(A) Planned value 

(B) Budgeted cost at completion  

(C) Earned value 

(D) Actual cost

Ans:- (B) Budgeted cost at completion  

Q7. Cost variance (CV) can be calculated as:  

(A) Earned value – Actual cost 

(B) Earned value – Planned value  

(C) Planned value – Actual cost  

(D) Planned value – Earned value 

Ans:- (A) Earned value – Actual cost 

Q8. Schedule variance (SV) is termed as:  

(A) Earned value – Actual value  

(B) Earned value – Planned value  

(C) Actual cost – planned value  

(D) Actual cost – Earned value 

Ans:- (B) Earned value – Planned value  

Q9. Cost performance index is calculated by using: 

(A) Actual cost / Planned value 

(B) Planned value / Earned value 

(C) Budget cost at completion / Actual cost 

(D) Earned value / Actual cost

Ans:- (D) Earned value / Actual cost

Q10. A cost performance index value greater than 1.0 signifies:  

(A) Cost underrun  

(B) Cost overrun  

(C) Cost run equal  

(D) None of the above 

Ans:- For Answer Click Here

Comments

Post a Comment

Popular posts from this blog

NPTEL Exam Pattern

 ABOUT NPTEL NPTEL  (National Programme on Technology Enhanced Learning) is an initiative taken by the Indian Institute of Technology of India and the Indian Institute of Science for creating course content in engineering and science. NPTEL is one of the largest online repositories of engineering course material and one of the most successful multi-institutional projects in the country .  NPTEL as a project originated from many deliberations between the Indian Institute of Technologies (IITs), Indian Institutes of Management (IIMs) and Carnegie Mellon University (CMU) during years 1999 – 2003. A proposal was jointly put forward by five IITs (Bombay, Delhi, Kanpur, Kharagpur, and Madras) and IISc for creating content for 100 courses as web-based supplements and 100 complete video courses, for forty hours of duration per course. NPTEL is also an online platform to learn, explore and implement new things concerning different branches of engineering. NPTEL Exam  is total...
Post a Comment
Read more

NPTEL Effective Writing Assignment 4 Answers

  Effective Writing NPTEL Assignment 4 Answers 2022: –   All the Answers Provided here to help the students just as a reference. we request you to mark your assignment on your own. NPTEL Effective Writing Assignment 4 Answers:- Q1.  A salutation is a greeting used in written or non-written communication. Salutations can be formal or informal. The most common form of salutation is “Dear” followed by the recipient’s given name or Title. For each style of salutation there is an accompanying style of complimentary close, known as Valediction. Salutation is a Part of? 1) Essay writing  2) Letter writing Select the correct Answer using the code below:  (1) only  (2) only  Both (1) and (2) are correct.  Neither (1) nor (2) is correct. Answer:- Q2.  Metonymy is a figure of speech in which a thing or concept is referred to by the name of something closely associated with that thing or concept. Find the correct usage of Metonymy in the following senten...
Post a Comment
Read more

NPTEL Exam Result

  I got a certificate for Design and Analysis of Algorithm (78%) by NPTEL course I mentioned it in my resume for 2 interview . 1.Cognizant : I was not asked to show my certificate and might be over looked . 2.Infosys : I showed the certificate and the interviewer reaction was okay types but after seeing IIT Madras at bottom of certificate his reaction changed and was too happy .Then asked to explain the course then asked about the toughest algorithm/program faced till now. So it depends on the interviewer he may know about it he may not, he may consider it useful and may not . So basically by adding it to your CV you are directing your interviewer to ask question about that topic nothing more. Its up to him to ask you different question on that topic or ignore it . FULL DETAILS ABOUT NPTEL EXAM RESULT
Post a Comment
Read more