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monitoring systems
Project Management Week 10
| Question | Answer |
|---|---|
| __________ is when individuals are overwhelmed with too many reports, too much detail, and too much data. | Information overload |
| In earned value analysis, the 0 - 100 percent rule allows __________. | 0 percent credit when work begins and 100 percent credit at completion of the activity |
| A(n) __________ can be used to deal with issues of honesty related to the monitoring system. | internal audit |
| Management by exception has the disadvantage of being __________. | an "after the fact" type of approach |
| In earned value analysis, the __________ is computed as the earned value minus the actual cost of work performed. | cost variance |
| In earned value analysis, if the cost variance is (-$10,000), __________. | the cost variance is unfavorable |
| Vague or incomplete project requirements are an example of which telltale sign that a project is in trouble? | Muddy waters |
| Monitoring, as an activity, should be kept distinct from __________, which uses data supplied by monitoring to bring actual performance into approximate congruence with planned performance. | controlling |
| If CPI = 1.05, then __________ is favorable. | cost variance |
| An appropriate and common secondary user for monitoring includes __________. | auditing, learning from mistakes, and reporting progress and status |
| If EV = $500, AC = $475, PV = $450; SV = ________. | $50 |
| In earned value analysis, EAC refers to the __________. | estimated cost at completion |
| __________ are used when some aspect of system performance cannot be measured directly. | Indicators |
| In earned value analysis, the 50-50 rule assumes that __________. | 50 percent is earned when the task begins and 50 percent is earned at completion |
| #15?Conceptually, EAC represents the amount spent to date plus __________. | ETC |
| ETC + AC = __________. | EAC |
| The project control process should be viewed as a(n) __________, with revised plans and schedules (if warranted) following corrective actions. The project control process should run continuously until the project is completed. | closed loop system |
| In general, __________ tend to bias data advertently or inadvertently. | those who report them |
| Which of the following conventions has the characteristic of the project always seeming to be running late, until the very end when it seems to suddenly catch up? | The 0-100 percent rule |
| Ordinal rankings of performance are examples of a __________ type of measure. | subjective numeric rating |
Created by:
ChickenLady
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