PoiT 5.2.4 Measuring Project Performance

Create an exception report explaining the situation with all relevant data and request advice from management.

A valuable client wanted to increase the scope of the work on Franklin's project by 10% but did not want to increase the budget. What would be Franklin's best course of action?

There was a lack of clarity and expectations in the original work plan goals.

Joshua was having a difficult time meeting the approved schedules and budget. What might be the most likely cause?

12.50%

Maria's initial project budget was increased from $16,000 to $18,000. What was the variance from the initial budget?

PoiT

Principles of Information Technology

Assess the health or state of a project.

Project performance metrics are used to:

10 pages per technician per day

Stiviko's approved work plan included 4 technicians to create 200 web pages over 5 days. What was the unit metric for the production work?

800 units

The scope of Latisha's project changed by +25%. The approved change request called for 1000 units to be produced. What was the amount of the initial project scope?

To ensure that management and the team has a clear picture of the state of the project.

What is the main purpose of the status report?

Cost of Quality

What is the term that describes what a business has to pay to correct defective products?

Budget

Which of the following variables is a common source for performance metrics?

It is the only way to ensure that work plan estimates are on track and that early intervention can take place.

Why is the monitoring and controlling phase extremely important to the success of the project?