Jane works as a project manager for PassGuide Inc. Various projects are running under her administration. Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?

Options:

Holly's project is ahead of the schedule.

Holly's project is behind the schedule.

Holly's project has costs that are higher than planned.

Holly's project is right on target.

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Question 2

Which of the following is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks?

Options:

Critical Path Method (CPM)

Dynamic Systems Development Method (DSDM)

Critical Chain Project Management (CCPM)

Linear scheduling method (LSM)

Question 3

Which of the following statements about Work Breakdown Structure (WBS) are true?

Each correct answer represents a complete solution. Choose all that apply.

Options:

It defines a project and groups the project's discrete work elements in a way that helps to organize and define the total work scope of the project.

It cannot be revised and updated as needed by the project manager.

It provides a framework for detailed cost estimating and control along with providing guidance for schedule development and control.

It is an important project management tool.

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GIAC Certified Project Manager Certification Practice Test Questions and Answers

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