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The program level Integrated Baseline Review (IBR)
The program level Integrated Baseline Review (IBR) is conducted for which performing organization __ a) The Prime Contractor b) The client Program/Product Manager c) The sub-contractor d) All of the above
The purpose for conducting an Integrated Baseline Review (IBR) is to __ a) lay a solid foundation for mutual understanding of risk b) define the tools, processes and procedures for Earned Value Management (EVM) ___c) integrate traditional program management processes with technical measures d) establish a management control point for cost, schedule and technical performance
The Organizational Breakdown Structure (OBS) is a key process artifact used to organize the program because: _ a) The OBS must be exactly the same as the Organization Structure b) The OBS defines the organization that will manage and oversee the work done under contract c) The OBS defines specific resources down to individual work assignments _ d) The OBS is a functionally organized grouping of participating organizations
Earned Value Management practices for the U.S government are defined by: _ a) OMB Circular A-11 b) The Federal Acquisition Regulation (FAR) c) The NDIA Intent Guide, based on the EIA-748 standard _ d) All of the above
The Schedule Performance Index (SPI) measures _ a) The value of work accomplished (EV) against the planned value of work (PV) b) The value of the actual cost (AC) against the planned value of work (PV) c) The cumulative value of work accomplished (EV) against the cumulative actual cost (AC) _ d) None of the above
The Earned Value methodology uses these core metrics to calculate program performance: _ a) Planned value (PV), earned value (EV), and actual costs (AC) b) Cost variance (CV), schedule variance (SV), and variance at completion (VAC) c) Cost performance index (CPI) and schedule performance index (SPI) _ d) Estimate to complete (ETC) and to complete performance index (TCPI) EVM Assessment Student Name:
You have been hired to plant trees for 10 days. You are supposed to plant 10 trees per day and you are paid $10 for each tree planted. After 4 days, you planted 50 trees and you were paid $500. What are the SPI and CPI for the project? _ a) SPI=0.8, CPI=1.0 b) SPI=1.25, CPI=1.0 c) SPI=1.0, CPI=0.8 _ d) SPI=1.0, CPI=1.25
Which IPMR format is a narrative report used to explain significant cost and schedule variances and other identified contract problems and topics? _ a) Format 1 b) Format 3 c) Format 4 _ d) Format 5
Which of the following is one of the Integrated Program Management Report (IPMR) formats? _ a) Format 8 – Responsibility Assignment Matrix (RAM) b) Format 9 – Contract Budget Base (CBB) c) Format 5 – Explanations and Problem Analysis _ d) All of the above
When budget value earned with elapsed time and is always equal to the monthly planned value describes which earned value technique? _ a) Weighted Milestone b) Level of Effort c) Percent Complete _ d) Apportioned Effort
Work that “cannot be measured” or is characterized as indirect, supporting or sustaining work is measured by which earned value technique? _ a) Weighted Milestone b) Level of Effort c) Percent Complete _ d) Apportioned Effort
A program manager who is concerned about how efficiently the program is meeting cost and schedule objectives should look principally at _ a) Percent Spent and Percent Complete b) Cost Variance, Schedule Variance and Variance At Complete c) Cost Performance Index and Schedule Performance Index _ d) Variance Analysis EVM Assessment Student Name:
A cost performance index (CPI) greater than 1.0 indicates: _ a) Favorable cost performance b) Unfavorable cost performance c) Neutral cost performance _ d) None of the above
Which of the following process artifacts s considered to be the foundation for defining project scope, developing plans and reporting program status? _ a) Responsibility Assignment Matrix (RAM) b) Organization Breakdown Structure (OBS) c) Work Breakdown Structure (WBS) _ d) Business Case Analysis Report (BCAR)
A Work Breakdown Structure (WBS): _ a) Ensures all work is identified and defines “what” the program is doing b) Provides the project sponsor with a time-phased task summary c) Allocates cost to work packages _ d) Assigns responsibility and instills accountability
The Responsibility Assignment Matrix (RAM) integrates the: _ a) the project OBS and WBS b) the budget and Control Accounts c) the project scope and schedule. _ d) Control Accounts and the manager.
Which is NOT an example of earned value management (EVM) graphical trend analysis? _ a) Estimates at complete (EAC) b) Cost performance Index (CPI) c) Risk cost performance index trend _ d) Cost and schedules variances
Your project has entered the detail design phase. The engineering manager tells you that your senior engineer will be leaving the program in 1 month to work on a troubled project for several months. You should: _ a) Anticipate that will have to report both a cost and schedule variance for the time that your senior engineer is not available. b) Ask the senior engineer if she can work overtime on your project without charging her time because she can charge her normal time to the other project. c) Revise your ETC downward since you will not have to pay the engineer’s salary _ d) Revise your ETC upward since you need to replace the senior engineer and train the new person