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NEW QUESTION: 1
You work as a project manager for HRM Inc. Your project has a schedule variance of -$35,500 and a schedule performance index of 0.92. What do these values mean in regard to project performance?
A. The project has a planned value of $600,000.
B. The project is performing well.
C. The project is eight percent off schedule and has a considerable schedule variance.
D. The project is likely to be late and over budget.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
A schedule variance is found by subtracting the planned value from the earned value. A -$35,500 schedule variance is considerable for most projects, but combined with a schedule that is eight percent off schedule is more serious. The size of the project, however, and the defined project budget, needs to be determined to evaluate how serious the variance is.
Schedule variance (SV) is a earned value technique used for measuring the schedule performance on a project. The variance signifies that the schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated based on the following formula:
SV = Earned value (EV) - Planned value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on target.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Earned Value Analysis and Forecasting
NEW QUESTION: 2
A. VLAN 1 STP BPDUs are sent tagged on VLAN 99
B. VLAN 1 STP BPDUs are sent untagged on VLAN 1
C. VLAN 1 STP BPDUs are sent untagged on VLAN 99
D. VLAN 1 and VLAN 99 BPDUs are sent tagged on VLAN 1
E. VLAN 1 STP BPDUs are sent tagged on VLAN 1
Answer: B,C
NEW QUESTION: 3
Where is the Cisco OnPlus Network Agent appliance installed?
A. Customer premises
B. Cisco-hosted data center
C. Third-party data center
D. Partner location
Answer: A
NEW QUESTION: 4
When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied?
A. Create different versions of the same FSV.
B. Create one FSV, then save different variants based on the needs of the various groups.
C. Create different FSVs based on the needs of the target group.
D. Create one FSV and enhance it with different sets of notes.
Answer: C
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