1 The Cost Performance Index (CPI) measures
A total costs
B performance over a period of time
C costs at a point of time
D variable costs
E All of the above.
ans:C
2 Parametric cost estimating involves
A using the WBS to do bottom up estimates
B defining the perimeters of the life-cycle
C calculating the individual estimates of work packages
D using a statistical model to estimate costs
E A and C
ans:D
3 Which of the statements regarding benefit-cost analysis in the Special window are true?
A 1 and 2
B 2 and 3 www.Ｅxamda.CoM
C 1 and 3
D 1, 2 and 3
E None of the above.
ans:C
4 Present value measures
A the value to us today of future cash flows.
B the rate of return on an investment when we take account of cash inflows and outflows
C the current estimates of our project budget
D the dollars worth of work accomplished as of today
E All of the above.
ans:A
5 Using the situation stated in the Special window, what is the cost performance index for Case #9?
A 1.1
B 1.91
C 0.83
D 1.2
E None of the above
ans:A
6 Sunk costs are: 来源：www.examda.com
A future costs held in reserve.
B costs invested in commodities.
C expended costs over which we have no control.
D expended costs over which we have no more control
E tax credits
ans:D
7 Managerial Reserves are:
A allowances to account for price changes that can occur over the life of a project.
B incentive fees paid to managers for good performance.
C funds used to offset poor cost or schedule estimates.
D accounts to allocate and maintain funds for contingency programs
E All of the above.
ans:D
8 Life Cycle Costing:
A is the concept of including all costs within the total life of a project.
B is an activity devoted to optimizing cost/performance
C is an activity of appraising the cost and technical performance of a completed project.
D is a process of predicting the life of a project.
E None of the above.
ans:A
9 Using the situation stated in the Special window, what is the schedule variance for Case #8?
A 1000
B 2000
C -1000
D -2000 来源：考试大
E 0
ans:C
10 Using the situation stated in the Special window, what is the cost variance for Case #9?
A ￥-1,000
B ￥1,000
C -2000
D 2000
ans:E
B
11 Using the situation stated in the Special window, what is present value of $1000 at 12% at the end of 5 years?
A ￥3,605.00
B ￥0.57
C ￥567.00
D ￥892.86
E ￥3.61
ans:C
12 Using the situation stated in the Special window, what is net present value of an annual income flow of $1600 at 14% over the next three years?
A ￥3,713.60
B ￥0.68
C ￥1,080.00
D ￥476.19
E ￥2.32
ans:A

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