Activity A is worth $400, is 95% complete, and actually cost $395. Activity B is worth $350, is 90% complete, and actually cost $330 so far. Activity C is worth $275, is 100% complete, and has cost $310 so far. The total budget is $2500. What is the total earned
value for the activities listed?


A. $970.00
B. -$970.00
C. $1025
D. $1035.00

A Project Manager was assigned to manage a project to develop pink widgets for the Project Managers company. The project will cost the company $650,000 over the next 12 months. It is projected that the widgets will earn the company $20,500 per month. How
much time will it take to recover the cost for this project?


A. 28 months
B. 32 months
C. 36 months

D. Not enough information

The project is using a new server that cost $25,000 US. The Project Manager is told to set up depreciation for the server over a five-year schedule, with the server having a value of $0 at the end of five years. Standard depreciation will be used in the calculation.
What is the amount per year the server will depreciate?


A. $5,000 US
B. $10,000 US
C. $2,500 US

D. Not enough information

Activity A is worth $300, is 100% complete, and actually cost $350. Activity B is worth $100, is 95% complete, and actually cost $85 so far. Activity C is worth $200, is 75% complete, and has cost $175 so far. The total budget is $1500. What is the cost variance for
the activities listed?


A. $0.84
B. $65.00
C. -$65.00
D. -$57.50

Which process involves user cost estimates and the schedule to determine when these costs are expected to occur during the project?


A. Cost Baseline
B. Cost Budgeting
C. Cost Control
D. Cost Estimating

Which process involves applying budget amounts to the individual work packages or activities?


A. Cost Control
B. Cost Estimating
C. Cost Budgeting
D. Earned Value Management

Activity A is worth $200, is 100% complete, and actually cost $200. Activity B is worth $75, is 90% complete, and actually cost $120 so far. Activity C is worth $200, is 75% complete, and has cost $175 so far. The total budget is $1000. What is the estimate at
completion for the activities listed?


A. $1100.04
B. $690.63
C. $1186.24
D. $1000

The project team is developing rules for reporting status on the project in the communication management plan. The majority of their activities are greater than three reporting periods long.
Which format is best to use in this case?


A. Fixed formula progress reporting
B. Weighted milestone
C. Earned value
D. Forecast reporting

The project planning is progressing. The team has involved the accounting department to set up a system of codes that the accounting department will use to track work on the project. This is known as what?


A. Accounting codes
B. WBS numbering
C. Cost budgeting
D. Chart of accounts

Calculate the standard deviation for the following: Pessimistic=50, Optimistic=10, Realistic=24.

A. 26

B. Not enough information
C. 5.67
D. 6.667