Monitoring, Controlling & Reporting Schedules Flashcards
7 cards from real PMI-SP practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
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A project manager notices the SPI is 0.82 at the midpoint of a software project. Which action is MOST appropriate?
Answer: Analyze which activities are behind and implement schedule recovery actions
An SPI below 1.0 indicates work is progressing slower than planned, requiring root-cause analysis and corrective action.
Which technique compares the amount of work physically accomplished against the planned work to determine schedule variance?
Answer: Earned Value Management
Earned Value Management (EVM) uses EV, PV, and AC to compute schedule and cost variances.
A schedule performance report shows SV = -15 days. What does this indicate?
Answer: The project is 15 days behind schedule in earned value terms
A negative Schedule Variance (SV = EV - PV) means earned value is less than planned value, indicating the project is behind schedule.
During schedule control, which document is formally updated to reflect approved changes to the project schedule baseline?
Answer: Schedule Baseline
Only formally approved changes via the change control process result in updates to the schedule baseline.
A scheduler wants to understand the range of possible project completion dates. Which tool is BEST suited for this?
Answer: Monte Carlo Simulation
Monte Carlo Simulation runs thousands of iterations using activity duration distributions to produce a probability distribution of project end dates.
Which metric directly answers the question: 'How efficiently is the team using time to accomplish work?'
Answer: Schedule Performance Index (SPI)
SPI = EV / PV measures schedule efficiency; values above 1.0 indicate better-than-planned schedule performance.
A project team is using a time-scaled network diagram to review schedule status. What is a key advantage of this format?
Answer: It visually represents activity durations and dependencies against a calendar
A time-scaled network diagram maps activities to calendar dates, making it easy to see when activities occur relative to each other.