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Oliver 75 - 66th Question

jyotimayank
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Oliver 75 - 66th Question

Postby jyotimayank Fri May 06, 2016 9:26 am

Question 66.

What is the S-curve in project management?

A. A graph that is generated if a normal curve is integrated.
B. A graph that is to be integrated to generate a normal curve.
C. A metaphoric description of the short term uncertainties that are present in every project.
D. The graph that describes the typical growth of earned value during the course of the project.
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Jyoti Gupta
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Re: Oliver 75 - 66th Question

Postby Ananyapmp Tue May 10, 2016 11:22 am

It shows earned value so D
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Re: Oliver 75 - 66th Question

Postby jyotimayank Fri May 13, 2016 7:06 am

Yes the correct answer is D.

As per PMBOK® Guide 5th Edition

The work package cost estimates, along with any contingency reserves estimated for the work packages, are aggregated into control accounts. The summation of the control accounts make up the cost baseline. Since the cost estimates that make up the cost baseline are directly tied to the schedule activities, this enables a time-phased view of the cost baseline, which is typically displayed in the form of an S-curve.

The three parameters of planned value, earned value, and actual cost can be monitored and reported on both a period-by-period basis (typically weekly or monthly) and on a cumulative basis. S-curves are used to display Earned Value data for a project which is executing.

Refer to Page 212-215, 219 of PMBOK® Guide 5th Edition
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