PMBOK PMBOK Project Schedule Management Questions and Answers 2

Question 1

What does the Schedule Performance Index (SPI) measure in project schedule tracking?

Accepted Answer

The ratio of earned value to planned value

Answer

The Schedule Performance Index (SPI) equals Earned Value (EV) divided by Planned Value (PV), indicating how efficiently the project is using its scheduled time.

Question 2

Which type of schedule dependency is defined by the project management team based on project knowledge, not physical constraints?

Accepted Answer

Discretionary dependency

Answer

Discretionary dependencies (soft logic) are established based on best practices or team preferences rather than physical or contractual requirements.

Question 3

What is the purpose of a milestone in a project schedule?

Accepted Answer

To mark a significant point or achievement in the project

Answer

A milestone is a significant event or achievement in the project schedule, typically representing completion of a major deliverable or phase.

Question 4

When a project manager adds extra time to an activity estimate to account for identified risks, this technique is called:

Accepted Answer

Contingency reserve

Answer

Contingency reserve is time added to activity or project estimates to account for identified schedule risks, while management reserve covers unknown risks.

Question 5

In PMBOK, what is the Rolling Wave Planning technique?

Accepted Answer

Progressively elaborating near-term work in detail while far-future work is planned at a high level

Answer

Rolling Wave Planning is an iterative approach where near-term deliverables are planned in detail, and future work is planned at a higher level as more information becomes available.

PMBOK - Project Management Body of Knowledge Practice Test

PMBOK - Project Management Body of Knowledge Practice Test

PMBOK PMBOK Project Schedule Management Questions and Answers 2