# NPTEL Project Management Week 7 Assignment Answers 2024

By Sanket

## NPTEL Project Management Week 7 Assignment Answers 2024

1. What is the actual cost of the project right now?

• \$1800
• \$2000
• \$2200
• \$2400
`Answer :- For Answers Click Here `

2. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project?

• \$400
• \$440
• \$2800
• \$2840
`Answer :- For Answers Click Here `

3. If the variance experienced so far were to stop, what is the project’s estimate at completion?

• \$2400
• \$2440
• \$2600
• \$2800
`Answer :- For Answers Click Here `

4. What is the project’s TCPI using the project’s budget at completion?

• 0.5
• 1.0
• 1.5
• 2
`Answer :- `

5. Senior management wants to the percentage of the project that is complete. What should you report?

• 75%
• 83%
• 92%
• 95%
`Answer :- `

6. Imagine if instead of 10 months and costing \$2200, the project was in month three and costing \$4000. What formula might you use for BAC?

• [(BAC – EV) / (CPI * SPI)] + AC
• new bottom-up estimate
• AC + new ETC
• AC + BAC – EV
`Answer :- For Answers Click Here `

7. Probabilistic scheduling is useful

• when the duration of project tasks is uncertain.
• in “really new” projects.
• in projects involving tasks that are outside the control of the project team.
• All of these
`Answer :- `

8. Revisions to a project schedule are necessary when

• Critical resources are unavailable
• he original plan is no longer feasible or desirable
• All of the above
`Answer :- `

9. The first step in project crashing is:

• Choose the task or tasks on the critical path with the lowest crash cost
• List the crash costs for each task in the project
• Update the lengths of all affected paths in the network
• Identify new critical paths
`Answer :- `

10. The crash cost data are estimates of the additional costs of:

`Answer :- For Answers Click Here `