Podcast
Questions and Answers
What status indicates a project that has not commenced or has been halted?
What status indicates a project that has not commenced or has been halted?
Which status indicates that the actual effort has met or exceeded the expected effort?
Which status indicates that the actual effort has met or exceeded the expected effort?
What does the status 'At Risk' signify about a project's actual effort?
What does the status 'At Risk' signify about a project's actual effort?
Which of the following conditions would qualify a project as 'Off Track'?
Which of the following conditions would qualify a project as 'Off Track'?
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What is a key component that determines a project's status according to the provided criteria?
What is a key component that determines a project's status according to the provided criteria?
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Study Notes
Project Status Indicators
- Project Status Definition: Status is determined by planned effort, actual effort, completion percentage, and duration.
- Expected Effort Calculation: The system computes expected effort to evaluate project status accurately.
Status Categories
- Not Active: Indicates project is in one of three states: Draft, On Hold, or Cancelled, meaning no active progression is occurring.
- On Track: Signifies that actual effort is equal to or exceeds expected effort, indicating healthy project progress and alignment with goals.
- At Risk: Highlights situations where actual effort falls short of expected effort, suggesting potential issues that may impact project success.
- Off Track: Occurs when the project’s due date or end date has passed without achieving 100% of the expected effort, signaling significant delays or failures in meeting deadlines.
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Description
Test your understanding of project status indicators and the categories they fall into. This quiz covers definitions, calculations of expected effort, and various project states such as On Track and At Risk. Assess your knowledge on how to evaluate project performance effectively.
