Evm 101 test Study guides, Class notes & Summaries

EVM 101 Module 1-6 TEST | Verified Answers 2023. This graph depicts a time-phased performance measurement baseline (PMB) with cumulative budgeted cost for work scheduled (BCWS), budgeted cost for work performed (BCWP), and actual cost of work performed (ACWP). Given this information, which of the following is true at Time Now? (IMAGE DESCRIPTION: PMB graph with BCWS plotted from contract start through contract end. BCWP and ACWP are plotted from contract start through time now. At time now...

EVM 101 Module 1-6 TEST | Verified Answers 2023. How do financial managers (FMs) use Earned Value Management (EVM) data? FMs use the data to determine a fair profit and fee for the contractor. FMs use the data to validate contractor invoices and payment. FMs use the data to prepare budgets and track funding. PMs are the ones involved with EVM; FMs are not involved in the EVM process. 2) This graph depicts a time-phased performance measurement baseline (PMB) with cumulative budgeted co...

EVM 101 EXAM 3 | Verified Answers 2023. Which of the following is an example of work that makes sense to measure as apportioned? General administrative support Quality control effort that can typically be estimated as a percentage of discrete manufacturing hours. Design reviews with a discrete deliverable. A short duration test with discrete completion criteria. 2) Which of the following best describes the performance measurement baseline (PMB)? The documented authorized and unautho...

EVM 101 EXAM 3 | Verified Answers 2023. Which of the following is an example of work that makes sense to measure as apportioned? General administrative support Quality control effort that can typically be estimated as a percentage of discrete manufacturing hours. Design reviews with a discrete deliverable. A short duration test with discrete completion criteria. 2) Which of the following best describes the performance measurement baseline (PMB)? The documented authorized and unautho...

1) The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate to complete (ETC) Budgeted cos...

1) The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate to complete (ETC) Budgeted cost of work ...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...