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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 eight percent off schedule and has a considerable schedule variance.
C. The project is likely to be late and over budget.
D. The project is performing well.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Answer option D 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
Fred has just finished developing a number of ASP pages that will be posted to his company's website. Fred does not want the page's source code viewed by anyone, so he decided to encode the pages to make the source code unusable. What will the following command accomplish?
screnc /e asp *.* c:\tmp
A. Encode all ASP files and place them in the c:\tmp directory
B. Encode all ASP files in in the c:\tmp and place them in the default IIS virtual directory
C. Encode all ASP files in current directory as ASP files and place them in the c:\tmpdirectory
D. Create an MD5 hash for all ASP files in the c:\tmp directory
Answer: C

NEW QUESTION: 3
Jack is employed by NewCorp, which is engaging in an initial public offering (IPO). Jack will need to
register as a sales representative if he:
A. participates in the selling of the new stock to individual investors.
B. Jack will need to register as a sales representative if he performs any one of the above activities.
C. represents NewCorp in any transactions with financial institutions.
D. engages in transactions with the underwriters of the IPO for the purpose of taking the firm public.
Answer: A
Explanation:
Jack will need to register as a sales representative if he participates in the sale of new stock
to individual investors. Those who deal directly with the public need to register as sales representatives
under the Uniform Securities Act. If Jack limits his involvement to transactions with the underwriters or
financial institutions, he need not register.