What constitutes the qualitative Risk Analysis? a. Risk Probability b. Risk Impact c. a and b 2….
What constitutes the qualitative Risk Analysis?
a. Risk Probability
b. Risk Impact
c. a and b
2. Identify the four risk strategies
3. You are given the following information about 3 tasks in a project during the first month of a 4 month project which is planned to cost $30,000.
Tasks Planned Earned Actual
>A 400 400 400
>B 600 600 600
>C 1500 1500 1100
>Cumulative 2500 2500 2100
(Use the cumulative values to answer the following questions.)
a. What is the Schedule Variance and what do you infer?
b. What is the Cost Variance and what do you infer?
c. What is Schedule Performance Index and what do you infer?
d. What is Cost Performance Index and what do you infer?
e. What is the Estimate to Complete (ETC)
f. What is the Estimate at Completion (EAC)