B. Alternative objectives inventory.
C. Management by objectives.
D. Contingency planning.
6. Configuration management is:
A. Used to ensure that the description of the project product is correct and complete.
B. The creation of the work breakdown structure.
C. The set of procedures developed to assure that project design criteria are met.
D. A mechanism to track budget and schedule variances.
7. A fundamental tenet of modern quality management holds that quality is most likely to be achieved by:
A. Planning it into the project.
B. Developing careful mechanisms to inspect for quality.
C. Striving to do the best job possible.
D. Conducting quality circle activities.
8. Your most recent project status report contains the following information: BCWP = 3,000, ACWP = 3,500, and BCWS = 4,000. The schedule variance is:
A. + 1,000.
B. + 500.
C. - 500.
D. - 1,000.
9. Learning curve theory emphasizes that in producing many goods:
A. Cost decreases as production rates increase.
B. Average unit cost decreases as more units are produced.
C. Materials become cheaper when they are purchased in bulk.
D. Laborers become more productive because of technological advances.
10. Rearranging resources so that constant resource levels are maintained is called:
A. Floating.
B. Leveling.
C. Restructuring.
D. Crashing.
11. The _________ is a time-phased budget that will be used to measure and monitor cost performance in the project.
A. Work breakdown structure
B. Project schedule