You are the project manager of the NHQ Project. Management has set a conformance to the project schedule for your project at 0.95. What does this term mean?

The correct answer is A. It means the largest schedule variance you can have is five percent. Conformance to schedule is a required adherence for the project's schedule. In this instance, the project manager must not allow the schedule to slip more than five percent. Answer option B is incorrect. This is the description of the schedule performance index. Answer option D…

Schedule Monitoring and Controlling

Question

Options

AIt means the largest schedule variance you can have is five percent.
BIt is the earned value divided by the planned value for your project.
CIt is the expectation of management to be 95 on schedule at 95 percent of the project.
DIt means you will need to earn at least 95 cents per dollar invested in the project.

How the community answered

(34 responses)

A
91% (31)
B
6% (2)
D
3% (1)

Explanation

Conformance to schedule is a required adherence for the project's schedule. In this instance, the project manager must not allow the schedule to slip more than five percent. Answer option B is incorrect. This is the description of the schedule performance index. Answer option D is incorrect. This is the description of the cost performance index. Answer option C is incorrect. This is not a valid statement about the project performance.

Topics

#schedule conformance#schedule variance#performance thresholds#schedule metrics

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