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NEW QUESTION: 1
You are the project manager of the NHQ project. Your project has a budget of $1,258,456, and is scheduled to last for three years. Your project is currently forty percent complete though it should be forty- five percent complete. In order to reach this point of the project, you have spent $525,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. Management would like to create a report telling them how much more the project will need to complete. What value should you tell management?
A. $566,305
B. $787,504
C. $733,456
D. $1,312,504
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The project will need $787,504 more to complete. This formula, the estimate to complete, is estimate at completion minus the actual costs. Here, CPI = EV/AC =(0.40*1,258,456)/525000= 0.95882, and
ETC = EAC - AC
= (BAC/CPI) - AC
=(1,258,456/0.95882) - 525000
= 1,312,504- 525000
= 787,504
The estimate to complete (ETC) is the expected cost needed to complete all the remaining work for a scheduled activity, a group of activities, or the project. ETC helps project managers predict what the final cost of the project will be upon completion. The formula for the ETC is EAC- AC. The EAC is BAC/CPI.
Incorrect Answers:
A: This is the planned value.
C: This is the estimate at completion.
D: This is not a valid value based on the current project performance.
NEW QUESTION: 2
In which cloud service model is the customer required to maintain the OS?
A. SaaS
B. PaaS
C. Iaas
D. CaaS
Answer: C
Explanation:
Explanation
In IaaS, the service is bare metal, and the customer has to install the OS and the software; the customer then is responsible for maintaining that OS. In the other models, the provider installs and maintains the OS.
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
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