AACE International - Earned Value Professional Sample Examination 2
6. Which method can be used to calculate BCWP?a.
% Complete * BACd.
% Complee * EAC7. Given the following information, calculate the cost and schedule variances:BAC = $50,000EAC = $55,000BCWS = $15,000BCWP = $20,000ACWP = $25,000a.
CV = ($5,000); SV = $5,000b.
CV = $5,000; SV = ($5,000)c.
CV = ($10,000); SV = $10,000d.
CV = $10,000; SV = ($10,000)8. What is the primary benefit of the To Complete Performance Index (TCPI)?a.
Projects final costb.
When compared to the other performance indices it provides a forecast of howmuch of a productivity improvement is required to finish the project on budgetc.
Shows the required efficiency to complete the project as forecasted by the EACd.
Provides a historical perspective of the project9. Which of the following provides a statistical forecast of the final EAC assuming thatall remaining work will be done at the budgeted rate?a.
[(BAC - EV) / (CPI x SPI)] + actual to date = EACb.
[(BAC + EV) / (CPI x SPI)] + actual to date = EACc.
[(ETC) / (CPI x SPI)] + actual to date = EACd.
(BAC - EV) + actual to date = EAC10. Which of the following is not required for a critical path schedule:a.
Milestones and key contractual eventsc.
Logical relationships between activities (tasks)