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NEW QUESTION: 1
Which of the following techniques is described in the statement below?
"It is an early warning project management tool that allows managers to discover and control errors before they become unmanageable."
A. Earned Value Analysis
B. What-if scenario analysis
C. Resource leveling
D. Variance analysis
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Answer option B is correct.
Earned Value Analysis (EVA) is an early warning project management tool that allows managers to discover and control errors before they become unmanageable. Earned value analysis is a method of performance measurement. It is used to measure a project's progress, to forecast its completion date and final cost, and to provide schedule and budget variances along the way.
Answer option A is incorrect. Resource leveling is a schedule network analysis technique applied to a schedule that has already been analyzed by the critical path method. It is a smoothing out resource requirements from period to period in a scheduled project. Resource leveling can often cause the original critical path to change.
Answer option C is incorrect. What-if scenario analysis explains the analysis of the question "What if the situation represented by scenario 'X' happens?". This What-If Scenario Analysis shortly named as WISA. A schedule network analysis is performed using the schedule to compute the different scenarios, such as extending specific engineering durations, or delaying a major component delivery. Businesses use what-if scenarios to determine the effect different costs or investments have on profit and other financial indicators.
Answer option D is incorrect. Variance analysis is a technique for resolving the total variance into specific component variances. Variance analysis works with defined factors in the set of scope, cost, and schedule variables that affect them.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Earned Value Analysis and Forecasting

NEW QUESTION: 2
The actual output of a work center for a given time period can be determined by evaluating the:
A. number of standard hours per units produced.
B. number of machine hours.
C. amount of rated capacity less rework.
D. number of standard hours in the queue.
Answer: A

NEW QUESTION: 3
Refer to the exhibit.



A customer needs a wired network upgrade and has complained about performance issues. The architect has collected information about traffic flow on several switch ports in different locations across the network, and the results are shown in the exhibit. Each of these ports is a 1Gbps port.
What can the architect conclude?
A. All of the ports show serious congestion.
B. None of these ports show any periods of congestion.
C. Port 1 shows periods of congestion, other ports are not congested.
D. Port 3 shows periods of congestion, other ports are not congested.
Answer: A

NEW QUESTION: 4
An information security manager has researched several options for handling ongoing security concerns and will be presenting these solutions to business managers. Which of the following with BEST enable business managers to make an informed decision?
A. Risk analysis
B. Cost-benefit analysis
C. Gap analysis
D. Business impact analysis (BIA)
Answer: B

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