Practice, not the exam
Project cost control and reporting: practice quiz
Instant feedback with an explanation after every answer.
Answered 0 of 24. Practice questions are not the exam.
1. In the cost control view, actual cost is read from:
2. Material budget 100,000, 40% complete, committed 30,000. What is the ETC?
3. Subcontract: budget 50,000, 40% complete, actual 32,000, committed 10,000. What is the forecast?
4. Machines: budget 20,000, 40% complete, actual 5,000, committed 16,000. What is the forecast?
5. CPI is calculated as:
6. BAC 850,000, EV 340,000, AC 360,000. The CPI is:
7. With CPI at that level the earned value EAC (BAC / CPI) is:
8. An SPI of 0.80 falls in the green band.
9. Over-billed means billed to date is more than earned to date.
10. Contract value 1,000,000, approved EAC 850,000, cost to date 340,000. Earned to date on the cost basis is:
11. Earned is 400,000 and billed (gross certified) is 450,000. The position is:
12. Contract value 1,000,000, EAC 1,100,000, cost to date 440,000, loss provision on. What provision is needed?
13. The forecast margin on profitability is:
14. Contract value 1,000,000, EAC 900,000. The forecast margin is:
15. Net billed 330,000, cost to date 360,000. Which cash band is this?
16. Opening cash 120,000. Weekly receipts and payments are 40,000/90,000, 50,000/110,000, 30,000/85,000, 180,000/60,000. In which week does cash first go negative?
17. Which report shows retention held from the client and held back from subcontractors?
18. Which report compares billed against earned for each project?
19. A Purchase Price Variance row has a negative Extra Cost. It means:
20. In the Cost to Complete report, a negative Variance means:
21. The person who created a record may approve it if they hold the right role.
22. Which of these fail the automatic month-end checks?
Select all that apply.
23. Which are true of the close in Zeyto Construction & Contracting?
Select all that apply.