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You are building a pen to keep animals.

The pen will have four sides, all exactly the same. Your budget
for the project is $ 400, or $ 100 per side. The schedule for the project is four days, one side per day. You
started the project on Monday morning. It is now the end of the day on Tuesday. You have 25% of the
total work done. You have spent $ 400 for the work that is completed?

1. If the workers continue to spend at the same rate, what will be project cost?
a. $ 100.
b. $ 200.
c. $ 400.
d. $ 1600.

2. What is the expected variance at completion?


a. $ 1200.
b. -$ 1200.
c. $ 400.
d. -$ 400.

3. What is the estimate to complete?


a. $ 1200.
b. -$ 1200.
c. $ 400.
d. -$ 400.

4. Assuming that the BAC is no longer viable, what is the TCPI?


a. 0.25
b. 1.00
c. 1.25
d. 1.50

5. You project is running with a CPI of 1.2. The EAC is $ 100,000. What is the BAC?
a. $ 83,333.
b. $ 100,000.
c. $ 120,000.
d. $ 150,000
6. The BAC (Budget at completion) for your project is $ 100,000. Your EAC is 120,000. What is your
CPI.
a. 0.83.
b. 1.0
c. 1.2
d. 1.5
7. Your project work is expected to be constant for the six month length of the project. During
each month your budget is $ 200. At the end of month four you have 40% of the total work
complete and you have spent 70% of your total budget. The Budget at completion for the
project is:
a. $ 80.
b. $ 140.
c. $ 840.
d. $ 1200.
8. You are working on a 12 month assignment to build a website with 4000 pages for $
1,000,000. You are supposed to spend $ 250,000 every 3 months. After 6 months, you
determine that only $ 400,000 of work is completed and cost incurred is $ 800,000. What
is the ETC?
a. $ 2,000,000
b. $ 1,500,000
c. $ 1,000,000
d. 1,200,000
9. Your project sponsor has asked you for a status report of your project, you are required to
include Estimate at Completion information in the report based on the following data.
What would be the EAC?

Actual cost of the project = $ 350,000


Budget at completion of the project = $ 500,000
Earned value= $250,000
a. $ 516,000
b. $ 155,000
c. $ 700,000
d. $ 850,000
10. While walking down the hallway, you meet your project sponsor who wants to know the
status and percentage complete of your project. What would be the percent complete in
your project from the following data?
Earned Value of the project = $ 3000
Budget at completion of the project = $ 5000
Cost performance of the project = 1.2
a. 71%
b. 60%
c. 71.4%
d. 60.3

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