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Free AACE-PSP Exam Braindumps (page: 12)

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QUESTION: 45

The expected remaining cost needed to complete an activity, group of activities or the project is the____________.

Budget at completion (BAC)
Budgeted cost of work performed (BCWP)
Estimate to complete (ETC)
Estimate at completion (EAC)

Answer(s): C

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QUESTION: 46

Which of the following are NOT normally included in the project scope statement, either directly or by reference?

Project objectives in terms of cost, schedule and quality measures
Project contract between the contractor and owner
Project justification
Project deliverables

Answer(s): C

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QUESTION: 47

The work breakdown structure is used to organize

"Smart activity ID codes" representing similar items of scheduled work
The chart of accounts
Similar activity coding of schedule activities
The smallest defined work packet

Answer(s): D

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QUESTION: 48

Which of the following project planning situations is the most frequent contributor to cost overruns?

lack of detailed planning for operational start-up
Insufficient planning for change management
Inappropriate definition of work breakdown structure
Inadequate definition of scope at the estimate (budget) stage

Answer(s): D

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