110The cost of a quality program should be budgeted at _____ of the total project. A.10-12

110 The Cost Performance Index (CPI) measures

A. total costs

B. performance over a period of time

C. costs at a point of time

D. variable costs

E. All of the above

110 The reason that cost management is so difficult in project management is that:

A. Projects by definition and nature are non-recurring events and are therefore difficult to predict.

B. There are no tools for identifying project tasks.

C. Project managers do not care about tracking costs, as only schedules are important to all project managers.

D. A and B only

E. B and C only

Project tradeoffs are usually made by comparing _____ and constraints.

ATime, cost, and quality

BTime, risk, and quality

CRisk, quality, and manpower availability

DCost, quality, and technical performance

ECost, quality, and risk

110 The Pareto Principle is a technique used to determine which quality control problems in a particular process should be corrected. Which of the following statements best represents the philosophy employed by this principle？

A. In order to minimize financial losses from quality control problems, all problems which have a measureable cost should be corrected

B. the majority of defects are caused by a small percentage of the identifiable problems. Improvement efforts should be reserved for these vital problems.

C. in order to achieve zero defects, all quality control problems, including those which do not have a direct financial cost should be corrected.

D. generally, 80% of the quality control problems are justifiable for correction via cost-benefit analysis. The remaining 20% are not financially worthy of improvement efforts.

E. A and D

A.Per

B.Mid

C.Qua

D.Tan

A.PER

B.INT

C.QUA

D.TAN

A.worked

B.decreased

C.increased

D.qualified