Course Project Management Foundations

Career Business Engineering

Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 1 of 6

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Instructions Final Grade Quiz N° 04

 The Quiz is divided into 5 blocks.
 Use black or blue pen. Answers that are written in pencil won't be corrected.
 The quiz lasts 100 minutes.
 If you finish, you can leave the classroom.

1. Associate each quality tool, with its definition. Each correct answer is worth 0.25 points (3 points)

Cause & Effect Diagram Flowcharts Affinity Diagram PDPC Matrix Diagrams

Checksheets Pareto Diagrams Interrelationship Diagraph Tree Diagrams Histograms

Control Charts Prioritization Matrices Network Diagrams Scatter Diagrams

They are similar to the mind-mapping techniques in that they are used to generate
Affinity diagrams 1.01 ideas that can be linked to form organized patterns of thought about a problem.
They are useful in visualizing the parent-to-child relationships in any decomposition
Tree diagrams 1.02 hierarchy that uses a systematic set of rules that define a nesting relationship.
Process decision program 1.03 Itanticipating
is useful as a method for contingency planning because it aids team in
charts (PDPC) intermediate steps that could derail achievement of the goal.
Cause-and-effect diagrams The problem statement placed at the head of the fishbone is used as a starting
1.04 point to trace the problem's source back to its actionable root cause.
They are a special form of bar chart and are used to describe the central tendency,
Histograms 1.05 dispersion, and shape of a statistical distribution.

Flowcharts 1.06 They display the sequence of steps and the branching possibilities that exist for a
process that transforms one or more inputs into one or more outputs.
Used with scheduling methodologies such as program evaluation and review
Network diagrams 1.07 technique, critical path method (CPM) and precedence diagramming method.

Prioritization matrices 1.08 Identify the key issues and the suitable alternatives to be prioritized as a set of
decisions for implementation.
Check sheets 1.09 They are especially useful for gathering attributes data while performing
inspections to identify defects.
They are used to identify the vital few sources that are responsible for causing
Pareto diagrams 1.10 most of a problem´s effects.
They seek to explain a change in the dependent variable in relationship to a
Scatter diagrams 1.11 change observed in the corresponding independent variable.

Matrix diagrams 1.12 They show the strength of relationships between factors, causes, and objectives
that exist between the rows and columns that form the matrix.
Course Project Management Foundations
Career Business Engineering
Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 2 of 6

2. Complete the diagram. Each correct answer is worth 0.50 points (2 points).

3. Given a project with the following characteristics, answer the following questions. Each correct answer is
worth 0.50 points (2.5 points).

Cumulative data for questions 3.1 – 3.6

BAC = 200 PV = 100 AC = 120 EV = 80

3.1. Assuming that all future work will be performed at the 3.4. Assuming that future work will be performed at an
budgeted rate, the estimate at completion (EAC) is: efficiency rate that considers both the cost and
a) 200. schedule performance indices because project
b) 220. schedule is a factor that impacts future effort, the
c) 240. estimate at completion (EAC) is:
d) 260. a) 250.
b) 300.
3.2. Assuming that all future work will be performed at the c) 350.
budgeted rate, the estimate to complete (ETC) is: d) 345.
a) 120.
b) 140. 3.5. Assuming that what the project has experienced to
c) 180. date can be expected to continue in the future, the
d) 200. VAC is:
a) – 80.
3.3. Assuming that what the project has experienced b) – 100.
to date can be expected to continue in the future, c) + 100.
the estimate at completion (EAC) is: d) + 200.
a) 300.
b) 325.
c) 350.
d) 375.
Course Project Management Foundations
Career Business Engineering
Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 3 of 6

4. Given a project with the following characteristics, answer the following questions. Each correct answer is
worth 0.50 points (3.5 points).

 You are the project manager of a project to build fancy birdhouses.

 You are to build two birdhouses per month for 12 months.
 Each birdhouse is planned to cost $100.
 Your project is scheduled to last for 12 months.
 You just finished the month 9.
 You have built 20 birdhouses and your CPI is 0.9091

4.1. How is the project performing?

a) Over budget and ahead of schedule
b) Under budget and ahead of schedule
c) Over budget and behind schedule
d) Under budget and behind schedule.

4.2. What is the actual cost of the project right now?

a) $1800
b) $2000
c) $2200
d) $2400

4.3. What is the earned value of the project right now?

a) $1800
b) $2000
c) $2200
d) $2400

4.4. Assuming that the COST variance experienced so far in the project will continue, how much more money will it
take to complete the project?
a) $400
b) $440
c) $2800
d) $2840

4.5. If the variance experienced so far were to stop, so all future work will be performed at the budgeted rate, what is
the project’s estimate at completion?
a) $2400
b) $2440
c) $2600
d) $2800

4.6. What is the project’s TCPI using the project’s budget at completion?
a) .5
b) 1
c) 1.5
d) 2

4.7. Senior management wants to the percentage of the project that is complete. What should you report?
a) 75%
b) 83%
c) 92%
d) 95%
Course Project Management Foundations
Career Business Engineering
Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 4 of 6

5. Complete the chart with the correct information. Each correct answer is worth 3 points (9 points).

5.1. The Performance Measurement Baseline of the Project is showed in the following chart (3 points).

Work
J F M A M J J A S O N D
Packages
1 100 300
2 400 300
3 50 150
4 500 400
5 200 300
6 100 500
∑ 100 300 500 400 200 300 50 150 100 500 400 300
PV 100 400 900 1300 1500 1800 1850 2000 2100 2600 3000 3300

You are at the end of August and your team told you that all the Work Packages started and finished in the
planned months (during the first 8 months of the project). If you are applying the 50/50 technique, determine the
Earned Value (EV) of the Project per month, and then develop the S-Curve.

Work
J F M A M J J A S O N D
Packages
1 200 200
2
3 100 100
4 450 450
5 250 250
6
∑ 200 200 450 450 250 250 100 100
EV 200 400 850 1300 1550 1800 1900 2000

3500 3300
3000
Planned Value (PV)
3000
Earned Value (EV) 2600
2500
2100
2000
2000 1800 1850

1500 2000
1900
1500 1300 1800
1550
900 1300
1000

400 850
500
100
0 400
0 200
0 J F M A M J J A S O N D
Course Project Management Foundations
Career Business Engineering
Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 5 of 6

5.2. The Performance Measurement Baseline of the Project is showed in the following chart (3 points).

Work
J F M A M J J A S O N D
Packages
1 100 300
2 500 200
3 50 150
4 300 600
5 100 400
6 400 200
7 100 100
8 200 100
∑ 100 800 500 600 100 400 50 150 600 300 100 100
PV 100 900 1400 2000 2100 2500 2550 2700 3300 3600 3700 3800

You are at the end of October and your team told you that all the Work Packages started and finished in the
planned months (during the first 10 months of the project). If you are applying the 25/75 technique, determine
the Earned Value (EV) of the Project per month, and then develop the S-Curve.

Work
J F M A M J J A S O N D
Packages
1 100 300
2 175 525
3 50 150
4 225 675
5 125 375
6 150 450
7
8 75 225
∑ 100 475 750 675 125 375 50 150 225 675
EV 100 575 1325 2000 2125 2500 2550 2700 2925 3600

4000 3700 3800

3600
3500 3300
3600
3000 2700
2500 2550
2925
2500 2700
2000 2100 2550
2500
2000
2125
1400 2000
1500 Planned Value (PV)
900 1325
1000 Earned Value (EV)

500
0 100 575
0
0 100
J F M A M J J A S O N D
Course Project Management Foundations
Career Business Engineering
Professor Diana Balboa, MBA, PMP
Type of Evaluation Quiz N° 04 Page 6 of 6

5.3. The Performance Measurement Baseline of the Project is showed in the following chart (3 points).

Work
J F M A M J J A S O N D
Packages
1 25 50 50 25
2 50 50 100 100
3 25 50 25 50
4 20 50 70 90 80
5 50 100 150 150
6 100 300 300
7 40 50 50
8 50 100 100 50
∑ 25 100 100 125 125 70 115 270 540 580 250 200
PV 25 125 225 350 475 545 660 930 1470 2050 2300 2500

You are at the end of June and your team told you that all the Milestones of the Work Packages were
accomplished in the planned months (during the first 6 months of the project). If you are applying the Weighted
Milestone and the weight of each milestone increases as the work package is closer to being completed. That
is, the second milestone weighs twice the first, the third weighs twice the second and so on. Determine the
Earned Value (EV) of the Project per month, and then develop the S-Curve.

Work
J F M A M J J A S O N D
Packages
1 10 20 40 80
2 20 40 80 160
3 10 20
4 10
5
6
7
8
∑ 10 40 80 160 170 30
EV 10 50 130 290 460 490

2800
2500
2600 Planned Value (PV)
2300
2400
Earned Value (EV) 2050
2200
2000
1800
1600 1470
1400
1200
930
1000
800 660
545
600 475
350
400 225
125 460 490
200 0 25
290
0 130
0 10 50
J F M A M J J A S O N D