NPTEL Project Management Week 7 Assignment Answers 2024
1. What is the actual cost of the project right now?
- $1800
- $2000
- $2200
- $2400
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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
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3. If the variance experienced so far were to stop, what is the project’s estimate at completion?
- $2400
- $2440
- $2600
- $2800
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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%
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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
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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
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8. Revisions to a project schedule are necessary when
- Critical resources are unavailable
- he original plan is no longer feasible or desirable
- Deadlines have been changed
- 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:
- Adding workers
- Using overtime pay
- Reducing tasks by one-time unit
- All of the above
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