File: ch10, Chapter 10: Monitoring and Information Systems R V James Changes Jan 2006 Revised: Dwayne Whitten Sep 2008 Multiple Choice 1. ________ uses data supplied by monitoring to bring actual performance into approximate congruence with planned performance. a) Auditing b) Controlling c) Evaluation d) Verifying Ans: b Response: Refer to chapter 10, introduction. Level: easy 2. ________ is the process of making judgments about the quality and effectiveness of project performance. a) Planning b) Controlling c) Evaluation d) Estimating Ans: c Response: Refer to chapter 10, introduction. Level: easy 3. The project manager should seek to monitor ________. a) Time, cost, and resources b) Time, quality, performance, and customer satisfaction c) Schedule and budget d) Time, cost, and performance Ans: d Response: Refer to section 10.1. Level: easy 4. In earned value analysis, if the cost variance is ($50,000), ________. a) The cost overrun is favorable b) The cost overrun is unfavorable c) The cost avoidance is favorable d) The cost avoidance is unfavorable Ans: b Response: Refer to section 10.3, the earned value chart and calculations. Level: intermediate 5. EV / AC = ___________. a) ETC b) CPI c) SPI d) TPI Ans: b Response: Refer to section 10.3, the earned value chart and calculations. Level: easy 6. Monitoring can also be used for a) auditing b) learning from past mistakes c) keeping senior management informed d) all of the above Ans: d Rsponse: Refer to introduction Level: easy 7. The ________ describes what is being done, when, and the planned level of resource usage for each task, work package, and work element in the project. a) action plan b) premeditated plan c) risk management plan d) standards Ans: a Rsponse: Refer to section 10.1 Level: easy 8. Most of the large amounts of data collected for projects come from all of the following sources except a) frequency counts b) raw numbers c) indicators d) vendor archival data Ans: d Rsponse: Refer to section 10. Level: intermediate 9. Based on the advice of the authors, project managers can deal with most any kind of behavior except a) too many work hours b) dishonesty c) too little effort d) disgraceful employees Ans: b Rsponse: Refer to section 10.1 Level: easy 10. The formula for ETC is a) EV/AC b) (BAC-EV) / CPI c) (BAC-AC) / CPI d) (AC-EV) / CPI Ans: b Rsponse: Refer to section 10.3 Level: intermediate Short Answer 11. For each factor to be measured during monitoring, it will be necessary to establish performance criteria, ________, and data collection procedures. Ans: standards. Response: Refer to section 10.1, designing the monitoring system. Level: intermediate 12. If SPI = 1.12, then the schedule variance is ________. Ans: favorable. Response: Refer to section 10.3, the earned value chart and calculations. Level: easy 13. An indicator type of measure is used when some aspect of a system ________ cannot be measured directly. Ans: performance. Response: Refer to section 10.1, how to collect data. Level: intermediate 14. An internal audit is used to deal with issues of ________ related to monitoring a system. Ans: honesty. Response: Refer to section 10.1, how to collect data. Level: intermediate 15. If EV = $900, AC = $950, PV = $875; SV = $__________. Ans: $25 Response: Refer to section 10.3, the earned value chart and calculations. Level: easy True/False 16. According to the authors, in the planning -- monitoring -- controlling cycle, the directions of the flows indicate that information flows from the bottom to the top and that authority flows from the top to the bottom. Ans: True Response: Refer to section 10.1. Level: easy 17. The first step in setting up a monitoring system is to use whatever information is available. Ans: False Response: Refer to section 10.1, designing the monitoring system. (first step is identifying the key factors to be controlled) Level: easy 18. The most common mistake made when monitoring data is to gather information that is clearly related to project performance but has little or no probability of changing significantly between collection periods. Ans: True Response: Refer to section 10.1, designing the monitoring system. Level: intermediate 19. In monitoring systems, bias finding and correcting activities are worthwhile in all situations. Ans: False Response: Refer to section 10.1, how to collect data. Level: easy 20. The project control process should be viewed as an open loop system with revised plans and schedules (if warranted) following corrective actions. Ans: False Response: Refer to section 10.1. It is a closed loop system. Level: intermediate