Question 13 1 pts What is the cost variance? The difference between earned value

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Question 13 1 pts What is the cost variance? The difference between earned value minus actual cost The ratio of earned value to actual cost The difference between actual cost minus earned value More than one of the above The ratio of planned value to earned value Question 14 1 pts What is "earned schedule"? The project schedule performance measured in units of time The relationship of time to money All but one of the above The project schedule performance measured in units of money A correction to the SPl in later phases of a project Question 15 1 pts The risk register is a list of the things that could go wrong on a project. How does the 100% Rule affect the risk register? Once the project begins, the risk register can only be changed was a formal change order It requires that all pertinent risks be included in the register The risk register should include all of the things that can go right as opposed to going wrong It does not. The risk register is never exhaustive None of the above

Explanation / Answer

13)- C... Difference between actual cost and earned value.

14)- A.... Project schedule measured in time that means here cost is converted in to time in this theory because time plays vital role.

15)- C....

16)- B.... Risk is (1-P)... Means probability of something adverse happening.

17)- E.... Monte carlo produces the distribution of possible outcome values.

18)- E... A difference in risk aversion between insurer and insured.

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