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NEW QUESTION: 1
You work as a Project Manager for Media Perfect Inc. Several projects are running under your supervision. Rick, team leader of a project, provides you performance indexes of his project. The schedule variance (SV) of his project is 25. What does this figure depict?
A. Project is behind the schedule.
B. Project is right on target.
C. Costs are higher than planned.
D. Project is ahead of the schedule.
Answer: D
Explanation:
According to the question, the schedule variance (SV) of the project is 25, which is a positive value. The positive SV depicts that the project is ahead of the planned schedule. What is SV? Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies 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. Answer option A is incorrect. The negative SV means that project is behind the schedule. Answer option C is incorrect. The zero SV means that project is right on target. Answer option B is incorrect. This result can be drawn by looking at the cost variance (CV) of the project. What is CV? Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are higher than budgeted or lower than budgeted. The cost variance is calculated based on the following formula: CV = Earned Value (EV) - Actual Cost (AC) A positive value means that spending is less than budgeted, whereas a negative value indicates that costs are higher than originally planned for the project.
NEW QUESTION: 2
You were running Storage Foundation 5.0 on an evaluation license. Two days back, the evaluation license expired. You want to retain the configuration of the existing system. You want a solution that requires minimum administrative effort.
What should you do?
A. Back date the system and continue using it.
B. Reinstall Storage Foundation with another evaluation key.
C. Replace the evaluation key with a permanent license key.
D. Obtain another evaluation key and replace it with the existing one.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
To which of the following does the balanced scorecard concept not apply?
A. Eliminate unnecessary processes to increase customer satisfaction.
B. Tie objectives to specific performance measures.
C. Set targets for meeting objectives.
D. Measure how objectives contribute to organization goals.
Answer: A
Explanation:
Explanation/Reference:
Answer option D is correct.
The balanced scorecard ties objectives to performance measurements (A), sets targets (B), and measures how the objectives contribute to organization goals (C). The elimination of unnecessary processes to increase customer satisfaction (D) is the purpose of reengineering.
Chapter: Business Management and Strategy
Objective: Review Questions
NEW QUESTION: 4
A company has just opened two remote branch offices that need to be connected to the corporate network. Which interface configuration output can be applied to the corporate
router to allow communication to the remote sites?
A. interface fa0/0 bandwidth 1536 ip address 209.165.200.230 255.255.255.224 tunnel mode gre multipoint
B. interface Tunnel0 bandwidth 1536 ip address 209.165.200.230 255.255.255.224 tunnel source Serial0/0 tunnel mode gre multipoint
C. interface Tunnel0 bandwidth 1536 ip address 209.165.200.231 255.255.255.224 tunnel source 209.165.201.1 tunnel-mode dynamic
D. interface fa 0/0 bandwidth 1536 ip address 209.165.200.231 255.255.255.224 tunnel source 192.168.161.2 tunnel destination 209.165.201.1 tunnel-mode dynamic
Answer: B
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