Data Analysis & Reporting Flashcards
7 cards from real EVM Certification practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Data Analysis & Reporting flashcards as text
Where is EV typically measured and EV technique applied?
Answer: Work packages within control accounts
EV is earned at work package or planning package level within control accounts.
Management reserve is included in which?
Answer: Contract Budget Base but not the PMB
MR is held outside the PMB but within the CBB.
A work package shows EV greater than its BAC. What does this suggest?
Answer: A data error or improper EV claim
EV cannot exceed the budget for the scope; this indicates a data problem.
Why does AC include accruals?
Answer: To capture work performed but not yet invoiced or paid
Accruals match cost to the period when work was performed.
What is the purpose of an Over Target Baseline?
Answer: Reset budgets when remaining work can't be managed against the existing baseline
An OTB incorporates cost overrun into the baseline with customer approval.
What is the schedule variance for Level of Effort tasks?
Answer: Zero, since EV equals PV
LOE EV is earned in step with time, so EV equals PV.
Which chart plots cumulative PV, EV, and AC over time?
Answer: S-curve
The S-curve compares cumulative PV, EV and AC across time.
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