Evm 101 test 1 6 Study guides, Class notes & Summaries

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

EVM 101 TEST 1-6 MODULE 1 ANSWERS. The use of Earned Value Management (EVM) requires time-phased plan to complete the entire contract effort that is called which of the following? [Recognize that Earned Value Management (EVM) is a management tool that program managers use for insight into cost, schedule and performance of Department of Defense (DoD) acquisition programs and that supports proactive decision-making] [Remediation Accessed :N] Performance measurement baseline (PMB) Estimate ...

EVM 101 Module 1-6 TEST | Verified Answers 2023. Which of the following is a key benefit of Earned Value Management (EVM) as an integrated program management tool? EVM provides input for the Integrated Master Plan (IMP) and the Integrated Master Schedule (IMS). EVM is a resource management tool that is unrelated to the contract schedule. EVM integrates budget and schedule data to ensure a positive cost variance (CV) and schedule variance (SV). EVM provides insight into contract cost a...

EVM 101 TEST 1-6 MODULE 1 ANSWERS. By comparing the budgeted cost for work performed (BCWP) and the actual cost of work performed (ACWP), program managers can determine whether or not: [Define the terms for key EVM elements: budgeted cost for work scheduled (BCWS), budgeted cost for work performed (BCWP), actual cost of work performed (ACWP), budget at completion (BAC), and estimate at completion (EAC)] The project is on budget The project is on schedule The management reserve is suffi...