Select all that applyWhich three of the following steps are accomplished in the planning stage to ensure integration of the cost/schedule system?Multiple select question.Compute schedule variance and cost variance.At the work package level, collect the actual costs for work performed.Define the work using a work breakdown structure (WBS).Develop a time-phase budget using work packages.Develop work and resource schedules.

Select all that applyIn variance analysis, measuring accomplishments centers on two key computations. Identify the two computations.Multiple select question.Comparing estimate at completion with budget at completionComparing planned value with schedule varianceComparing earned value with the expected schedule valueComparing earned value with the actual costs

Multiple Choice QuestionIn the cost/schedule system, when computing cost variance and schedule variance, ____ status reports are prepared for each level of management.Multiple choice question.verbalhierarchicalidentical

The Work Breakdown Structure (WBS)Group of answer choicesBreaks down the tasks needed to complete the project into the level of detail for accurate calculation of schedule and budgetDescribes the assumptions and constraints associated with the scope of the projectInvolves a sequential breakdown of tasks to be completed for the projectDefines the major tasks needed to complete the project

Multiple Choice QuestionThe earned value system uses time-phased costs to enable comparisons between actual and planned ____ and ____.Multiple choice question.scope; schedulecost; riskschedule; costs

Which of the following is critical for the final step of creating your budget baseline?Multiple choice question.Define work (what).Identify a time-phased budget to complete a work package (cost).Identify a single person responsible for units of work (who).Identify time to complete a work package (how long).Identify monitoring points for measuring progress (how well).Identify resources needed to complete a work package (how much).