ETC Project Management & Documentation 3

Question 1

In Earned Value Management (EVM), what does SPI stand for?

Accepted Answer

Schedule Performance Index

Answer

SPI (Schedule Performance Index) equals Earned Value divided by Planned Value and indicates schedule efficiency.

Question 2

A project has a CPI of 0.85. What does this indicate?

Accepted Answer

The project is spending 15% more than planned per unit of work

Answer

A CPI less than 1.0 means the project is over budget — spending more than planned for the work accomplished.

Question 3

Which scheduling technique calculates the longest path through a project network to determine the minimum project duration?

Accepted Answer

Critical Path Method (CPM)

Answer

The Critical Path Method identifies the longest sequence of dependent tasks, determining the shortest possible project duration.

Question 4

What is the purpose of a change control board (CCB) in project management?

Accepted Answer

To review and approve or reject proposed changes

Answer

A CCB is a formally constituted group responsible for evaluating, approving, deferring, or rejecting changes to the project.

Question 5

Which document type provides a detailed written description of work to be performed by a contractor or vendor?

Accepted Answer

Statement of Work (SOW)

Answer

A Statement of Work (SOW) describes in detail the work to be delivered by a vendor or contractor under a contract.

(ETC) Engineering Technician Certification Practice Test