 # Quick Quiz - EVM

## To obtain an in-depth understanding of the PMBOK (copy)

### Which of the following is False about Earned Value Management?

#### EVM can be used in all Monitoring & Controlling processes

• EVM is used to monitor and control the schedule
• EVM is used to monitor and control cost
• EVM can be used in all Monitoring & Controlling processes
• EVM cannot be used on all projects

### What is created as a result of EVM calculations?

#### Performance Measurement Baseline

• Performance Measurement Baseline
• Cost Baseline
• Schedule Baseline
• EVM Baseline

• PV
• BAC
• EV
• EAC

### How should a PM determine BAC?

#### Add up all PV estimates

• Add up all EV estimates
• Add up all PV estimates
• Add up all AC estimates
• Add up all ETC estimates

### How should the PM determine Planned Value?

#### Multiply BAC times the Planned % Complete

• Do a manual forecast
• Multiply BAC times the Planned % Complete
• Multiply BAC times the Actual % Complete
• Subtract VAC from EAC

• EV
• ETC
• EAC
• PV

• EV
• PV
• BAC
• EAC

### How should the PM determine Earned Value?

#### Multiply BAC times the Actual % complete

• Manual forecast
• Divide BAC by the CPI
• Multiply BAC times the Actual % complete
• Multiply BAC times the Planned % complete

• CV
• SPI
• CPI
• SV

• EV-AC
• EV-PV
• PV-EV
• AC/EV

• SV
• SPI
• CV
• CPI

• EV/AC
• PV/AC
• EV/PV
• PV/EV

• VAC
• CV
• CPI
• ETC

• AC-EV
• EV-AC
• PV-EV
• EV-PV

• CPI
• CV
• SPI
• VAC

• SV & CV
• ETC & VAC
• BAC & ETC
• SPI & CPI

• EV
• CPI
• ETC
• CV

• ETC
• EAC
• VAC
• BAC

• VAC/CPI
• BAC/CPI
• VAC/ETC
• BAC/CV

• ETC
• EAC
• VAC
• BAC

• BAC-EAC
• EAC/CPI
• ETC-EAC
• EAC-BAC

• EAC
• ETC
• VAC
• EV

• AC-EAC
• BAC-EAC
• EAC-VAC
• EAC-AC

• CPI
• TCPI
• EAC
• ETC

### What is the formula for TCPI?

#### (BAC-EV)/(BAC-AC) or (EAC-AC)

• (BAC-EV)/(BAC-AC) or (EAC-AC)
• (BAC-EV)/(BAC-AC) or (EAC-EV)
• (BAC-AC)/(BAC-EV) or (EAC-AC)
• (BAC-EV)/(ETC-AC) or (EAC-AC)

• ETC
• EAC
• TCPI
• VAC

• CPI
• SPI
• SV
• CV

• CV
• TCPI
• SPI
• SV

• TCPI
• CV
• CPI
• SV

• CV
• TCPI
• CPI
• SV

• TCPI
• CPI
• SPI
• SV

### Which formula for EAC accepts actual project performance (AC) and predicts future performance will happen at originally budgeted rate ?

#### EAC = AC + BAC – EV

• EAC = BAC/CPI
• EAC = AC + [(BAC-EV)/(CPIxSPI)]
• EAC = AC + BAC – EV
• EAC = AC + Bottom-Up Estimate

### Which formula for EAC is considered the most accurate on a project?

#### EAC = AC + Bottom-Up Estimate

• EAC = AC + Bottom-Up Estimate
• EAC = BAC/CPI
• EAC = AC + BAC – EV
• EAC = AC + [(BAC-EV)/(CPIxSPI)]