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	<title>PM Test Center &#187; time</title>
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	<link>http://pmtestcenter.com</link>
	<description>FREE daily project management test questions for PMP®, CAPM®, and Project+ exams!</description>
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		<title>Calculating Schedule Performance Index (SPI)</title>
		<link>http://pmtestcenter.com/calculating-schedule-performance-index-spi/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=calculating-schedule-performance-index-spi</link>
		<comments>http://pmtestcenter.com/calculating-schedule-performance-index-spi/#comments</comments>
		<pubDate>Wed, 21 Jul 2010 04:01:00 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[monitoring and controlling]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[earned value]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=832</guid>
		<description><![CDATA[If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SPI?

A. 0.83
B. 0.86
C. 1.16
D. 1.20

Answer: A. 0.83
SPI (Schedule Performance Index) is calculated by EV (Earned Value)/PV (Planned Value). The 0.83 means that the project is progressing at 83% of the baseline.]]></description>
			<content:encoded><![CDATA[<p>If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SPI?</p>
<p>A. 0.83<br />
B. 0.86<br />
C. 1.16<br />
D. 1.20</p>
<input type="button" value="Click to see answer" onClick='alert("A. 0.83 -- SPI (Schedule Performance Index) is calculated by EV (Earned Value)/PV (Planned Value). The 0.83 means that the project is progressing at 83% of the baseline.")'>
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		<title>Estimating type that takes the most amount of time</title>
		<link>http://pmtestcenter.com/estimating-type-that-takes-the-most-amount-of-time/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=estimating-type-that-takes-the-most-amount-of-time</link>
		<comments>http://pmtestcenter.com/estimating-type-that-takes-the-most-amount-of-time/#comments</comments>
		<pubDate>Sun, 18 Jul 2010 04:01:31 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[cost]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[estimating]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=806</guid>
		<description><![CDATA[Which of the following estimating types takes the most amount of time to prepare?

A. Bottom up
B. Analogous
C. Parametric
D. Top down

Answer:  A. Bottom up
Bottom up, also known as engineering, grass roots or definitive estimating, takes a substantial amount of time since it involves estimating each work package. The estimates are then rolled up to sub-project and overall project levels.]]></description>
			<content:encoded><![CDATA[<p>Which of the following estimating types takes the most amount of time to prepare?</p>
<p>A. Bottom up<br />
B. Analogous<br />
C. Parametric<br />
D. Top down</p>
<input type="button" value="Click to see answer" onClick='alert("A. Bottom up -- Bottom up, also known as engineering, grass roots or definitive estimating, takes a substantial amount of time since it involves estimating each work package. The estimates are then rolled up to sub-project and overall project levels.")'>
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		<title>Activity-on-Arrow (AOA) disadvantage</title>
		<link>http://pmtestcenter.com/activity-on-arrow-aoa-disadvantage/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=activity-on-arrow-aoa-disadvantage</link>
		<comments>http://pmtestcenter.com/activity-on-arrow-aoa-disadvantage/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 04:01:19 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[activity sequencing]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=730</guid>
		<description><![CDATA[One disadvantage of using Activity-on-Arrow (AOA) is that:

A. Only finish-to-start relationships can be used.
B. Negative lag is not shown.
C. There can only be one critical path.
D. Project duration is limited to the total of all dummy activities.

Answer: A. Only finish-to-start relationships can be used.
A drawback of AOA is that only finish-to-start relationships are possible.]]></description>
			<content:encoded><![CDATA[<p>One disadvantage of using Activity-on-Arrow (AOA) is that:</p>
<p>A. Only finish-to-start relationships can be used.<br />
B. Negative lag is not shown.<br />
C. There can only be one critical path.<br />
D. Project duration is limited to the total of all dummy activities.</p>
<input type="button" value="Click to see answer" onClick='alert("A. Only finish-to-start relationships can be used. -- A drawback of AOA is that only finish-to-start relationships are possible.")'>
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		<title>Least accurate estimating type</title>
		<link>http://pmtestcenter.com/least-accurate-estimating-type/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=least-accurate-estimating-type</link>
		<comments>http://pmtestcenter.com/least-accurate-estimating-type/#comments</comments>
		<pubDate>Fri, 25 Jun 2010 04:01:40 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[cost]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[estimating]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=835</guid>
		<description><![CDATA[Which of the following estimating types provides the least accuracy?

A. Analogous
B. Engineering
C. Bottom-up
D. Grass roots

Answer: A. Analogous
Analogous is a top-down estimate. It usually only takes a short period of time to estimate since it is based on historical information and expert judgment. As a result, it generally produces less accurate outputs when compared to the others on the list, which provide estimates at the greatest level of detail.]]></description>
			<content:encoded><![CDATA[<p>Which of the following estimating types provides the least accuracy?</p>
<p>A. Analogous<br />
B. Engineering<br />
C. Bottom-up<br />
D. Grass roots</p>
<input type="button" value="Click to see answer" onClick='alert("A. Analogous -- Analogous is a top-down estimate. It usually only takes a short period of time to estimate since it is based on historical information and expert judgment. As a result, it generally produces less accurate outputs when compared to the others on the list, which provide estimates at the greatest level of detail.")'>
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		<item>
		<title>Calculating Schedule Variance (SV)</title>
		<link>http://pmtestcenter.com/calculating-schedule-variance-sv/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=calculating-schedule-variance-sv</link>
		<comments>http://pmtestcenter.com/calculating-schedule-variance-sv/#comments</comments>
		<pubDate>Thu, 24 Jun 2010 04:01:02 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[monitoring and controlling]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[earned value]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=825</guid>
		<description><![CDATA[If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SV?

A. -5,000
B. -1,000
C. 1,000
D. 5,000

Answer: A. -5,000
SV (Schedule Variance) is calculated by EV (Earned Value) - PV (Planned Value). The -5,000 means that the project is behind schedule.]]></description>
			<content:encoded><![CDATA[<p>If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SV?</p>
<p>A. -5,000<br />
B. -1,000<br />
C. 1,000<br />
D. 5,000</p>
<input type="button" value="Click to see answer" onClick='alert("A. -5,000 -- SV (Schedule Variance) is calculated by EV (Earned Value) - PV (Planned Value). The -5,000 means that the project is behind schedule.")'>
<p><i>If you are reading this via email, please <a href="http://pmtestcenter.com" target="_blank">click here for the answer</a>.</i></p>


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		<title>Estimating type that takes the least amount of time</title>
		<link>http://pmtestcenter.com/estimating-type-that-takes-the-least-amount-of-time/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=estimating-type-that-takes-the-least-amount-of-time</link>
		<comments>http://pmtestcenter.com/estimating-type-that-takes-the-least-amount-of-time/#comments</comments>
		<pubDate>Sat, 19 Jun 2010 04:01:02 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[cost]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[estimating]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=803</guid>
		<description><![CDATA[Which of the following estimating types takes the least amount of time to prepare?

A. Analogous
B. Parametric
C. Engineering
D. Bottom up

Answer: B. Parametric
Parametric, also known as rough order of magnitude, is very quick since it is simply estimating a part of the project and scaling it. For instance, if it is estimated to take 8 hours and $1000 to do paint a room, then the estimate for painting eight rooms of similar size would take 64 hours and $8000.]]></description>
			<content:encoded><![CDATA[<p>Which of the following estimating types takes the least amount of time to prepare?</p>
<p>A. Analogous<br />
B. Parametric<br />
C. Engineering<br />
D. Bottom up</p>
<input type="button" value="Click to see answer" onClick='alert("B. Parametric -- Parametric, also known as rough order of magnitude, is very quick since it is simply estimating a part of the project and scaling it. For instance, if it is estimated to take 8 hours and $1000 to do paint a room, then the estimate for painting eight rooms of similar size would take 64 hours and $8000.")'>
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		<item>
		<title>Activity sequencing using arrows</title>
		<link>http://pmtestcenter.com/activity-sequencing-using-arrows/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=activity-sequencing-using-arrows</link>
		<comments>http://pmtestcenter.com/activity-sequencing-using-arrows/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 04:01:52 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[activity sequencing]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=738</guid>
		<description><![CDATA[__________ is an activity sequencing technique that uses arrows to represent activities.

A. Critical chain method
B. Activity-on-Arrow (AOA)
C. Activity-on-Node (AON)
D. Precedence Diagramming Method (PDM)

Answer: B. Activity-on-Arrow (AOA)
In an AOA, activities are arrows and nodes are used to connect them.]]></description>
			<content:encoded><![CDATA[<p>__________ is an activity sequencing technique that uses arrows to represent activities.</p>
<p>A. Critical chain method<br />
B. Activity-on-Arrow (AOA)<br />
C. Activity-on-Node (AON)<br />
D. Precedence Diagramming Method (PDM)</p>
<input type="button" value="Click to see answer" onClick='alert("B. Activity-on-Arrow (AOA) -- In an AOA, activities are arrows and nodes are used to connect them.")'>
<p><i>If you are reading this via email, please <a href="http://pmtestcenter.com" target="_blank">click here for the answer</a>.</i></p>


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		<title>Activity sequencing using nodes</title>
		<link>http://pmtestcenter.com/activity-sequencing-using-nodes/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=activity-sequencing-using-nodes</link>
		<comments>http://pmtestcenter.com/activity-sequencing-using-nodes/#comments</comments>
		<pubDate>Mon, 07 Jun 2010 04:01:01 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[activity sequencing]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=733</guid>
		<description><![CDATA[__________ is an activity sequencing technique that uses nodes to represent activities.

A. Project management software
B. Activity-on-Arrow (AOA)
C. Precedence Diagramming Method (PDM)
D. Critical chain method

Answer: C. Precedence Diagramming Method (PDM)
In a PDM, also known as AON, activities are nodes and arrows are used to show relationships.]]></description>
			<content:encoded><![CDATA[<p>__________ is an activity sequencing technique that uses nodes to represent activities.</p>
<p>A. Project management software<br />
B. Activity-on-Arrow (AOA)<br />
C. Precedence Diagramming Method (PDM)<br />
D. Critical chain method</p>
<input type="button" value="Click to see answer" onClick='alert("C. Precedence Diagramming Method (PDM) -- In a PDM, also known as AON, activities are nodes and arrows are used to show relationships.")'>
<p><i>If you are reading this via email, please <a href="http://pmtestcenter.com" target="_blank">click here for the answer</a>.</i></p>


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		<title>SPI — what does it mean?</title>
		<link>http://pmtestcenter.com/spi-what-does-it-mean/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=spi-what-does-it-mean</link>
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		<pubDate>Fri, 28 May 2010 04:01:34 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[monitoring and controlling]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[earned value]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=691</guid>
		<description><![CDATA[As the project manager with a time conscience sponsor, you have been monitoring earned value throughout the year long project. At the halfway point, you report that the SPI is 0.8. This means that the project is:

A. Ahead of schedule
B. Under budget
C. Behind schedule
D. Over budget

Answer: C. Behind schedule
The Schedule Performance Index (SPI) determines how much ahead or behind schedule you are. An SPI of 1.0 means you are on target. Therefore, an SPI of 1.5 means that you are progressing at 150% of the baseline, which is a good thing. Conversely, an SPI of 0.8 represents only moving at 80% of the baseline, not so good. In short, over 1.0 is good, under 1.0 is bad.]]></description>
			<content:encoded><![CDATA[<p>As the project manager with a time conscience sponsor, you have been monitoring earned value throughout the year long project. At the halfway point, you report that the SPI is 0.8. This means that the project is:</p>
<p>A. Ahead of schedule<br />
B. Under budget<br />
C. Behind schedule<br />
D. Over budget</p>
<input type="button" value="Click to see answer" onClick='alert("C. Behind schedule -- The Schedule Performance Index (SPI) determines how much ahead or behind schedule you are. An SPI of 1.0 means you are on target. Therefore, an SPI of 1.5 means that you are progressing at 150% of the baseline, which is a good thing. Conversely, an SPI of 0.8 represents only moving at 80% of the baseline, not so good. In short, over 1.0 is good, under 1.0 is bad.")'>
<p><i>If you are reading this via email, please <a href="http://pmtestcenter.com" target="_blank">click here for the answer</a>.</i></p>


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		<title>GERT</title>
		<link>http://pmtestcenter.com/gert/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=gert</link>
		<comments>http://pmtestcenter.com/gert/#comments</comments>
		<pubDate>Sat, 22 May 2010 04:01:08 +0000</pubDate>
		<dc:creator>Gabe Young</dc:creator>
				<category><![CDATA[planning]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[activity sequencing]]></category>

		<guid isPermaLink="false">http://pmtestcenter.com/?p=668</guid>
		<description><![CDATA[For your new software project, you decide you need to use a Graphical Evaluation and Review Technique (GERT) network diagram. When asked by an intern why you chose to use GERT, you explain that one of the main advantages is that you can:

A. Be more accurate than using a PERT
B. Use hammock activities
C. Assign multiple resources
D. Create loops between tasks

Answer: D. Create loops between tasks
GERT allows for conditions or loops between tasks. For projects with iterative tasks, GERT will often tell a better story.]]></description>
			<content:encoded><![CDATA[<p>For your new software project, you decide you need to use a Graphical Evaluation and Review Technique (GERT) network diagram. When asked by an intern why you chose to use GERT, you explain that one of the main advantages is that you can:</p>
<p>A. Be more accurate than using a PERT<br />
B. Use hammock activities<br />
C. Assign multiple resources<br />
D. Create loops between tasks</p>
<input type="button" value="Click to see answer" onClick='alert("D. Create loops between tasks -- ERT allows for conditions or loops between tasks. For projects with iterative tasks, GERT will often tell a better story.")'>
<p><i>If you are reading this via email, please <a href="http://pmtestcenter.com" target="_blank">click here for the answer</a>.</i></p>


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