1. The internal rate of return is a project selection technique that examines at what point cumulative income more than offsets cumulative investment.

    a. true

    b. false

2. The most valuable tool for tracking schedule performance is:

    a. the PERT/CPM network diagram

    b. milestone charts

    c. S-curves

    d. Gantt charts

3. Gantt charts can be used to track actual vs. planned schedule performance.

    a. true

    b. false

4. If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, the schedule performance index (SPI) is:

    a. 1.33

    b. 0.83

    c. 0.80

    d. 1.20

5. Soft logic means that:

    a. task B must follow task A

    b. if task B must follow task A, then task C must also follow task B

    c. task A and task B are carried out concurrently

    d. while task B is depicted as following task A, the dependency relationship is not required