You are the project manager for your organization. Your current project has a schedule
variance of -$37,500 and a schedule performance index of 0.94. What do these values
mean in regard to project performance?
Beth is the project manager for the NHQ project. This project deals with fiber optic cabling
in her organizational campus. Tim is the electrical engineer for her company and is the only
internal resource that can complete several of the project activities that deal with the fiber
optic cables. Because Tim is a highly-skilled resource, he is already scheduled on several
projects within the organization and is not available when Beth needs him to complete
some of the project activities. This is an example of which term?
John works as a project manager for BlueWell Inc. He is working on a high-profile project
with 80 stakeholders and he needs to express to his project team and to the management
the importance of communication in the project. He would like to show the number of
stakeholder communication channels in the project. Based on this information how many
communication channels exist within this project?
Holly is the project manager for her organization. Her current project is running late and her
project customer has asked Holly to find a method to apply corrective actions to the project
schedule. Holly is exploring the concept of crashing the project. Which of the following
statements is true about crashing the activities in Holly's project?
You are the project manager of the GHY Project. This project is scheduled to last for one
year and has a BAC of $4,500,000. You are currently 45 percent complete with this project,
though you are supposed to be at your second milestone which accounts for half of the
project completion. There have been some errors in the project which has caused you to
spend $2,073,654. What is this project's schedule performance index?