Get keys, Create keys and Find keys gets created automaticallyThe Create method is created alongwith the other Standard methods for the CI
The cost contingency reserve should be A. Hidden to prevent management from disallowing the reserve B. Added to each activity to provide the customer with a shorter critical path C. Maintained by management to cover cost overruns D. Added to the base costs of the project to account for risks
Which of the following are ALL items included in the cost management plan? A. The level of accuracy needed for estimates, rules for measuring cost performance, specifications for how duration estimates should be stated B. Specifications for how estimates should be stated, rules for measuring cost performance, the level of accuracy needed for estimates C. Rules for measuring team performance, the level of accuracy needed for estimates, specifications for how estimates should be stated D. Specifications for how estimates should be stated, the level of risk needed for estimates, rules for measuring cost performance
Which of the following represents the estimated value of the work actually accomplished? A. Earned value (EV) B. Planned value (PV) C. Actual cost (AC) D. Cost variance (CV)
Which type of cost is team training? A. Direct B. NPV C. Indirect D. Fixed
Value analysis is performed to get A. More value from the cost analysis B. Management to buy into the project C. The team to buy into the project D. A less costly way of doing the same work
Project setup costs are an example of A. Variable costs B. Fixed costs C. Overhead costs D. Opportunity costs
During which project management process group are budget forecasts created? A. Monitoring and controlling B. Planning C. Initiating D. Executing
A cost baseline is an output of which cost management process? A. Estimate Activity Resources B. Estimate Costs C. Determine Budget D. Control Costs
A rough order of magnitude estimate is made during which project management process group? A. Planning B. Closing C. Executing D. Initiating
Which of the following is an example of a parametric estimate? A. Dollars per module B. Learning bend C. Bottom-up D. CPM
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