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Mark is the project manager of the GHQ Project. He is happily reporting that his project has a schedule performance index of 2.12. Management, however, does not think this is good news. What is the most likely reason why management does not like an SPI of 2.12?
A. It is not good news because a larger number means the schedule duration estimates were likely to be wrong to begin with.
B. It is good news, but Mark may have large cost variances to achieve this value.
C. It is not good news, as the number should be closer to 100 than 0.
D. They likely do not understand the SPI formula.
Answer: A
Explanation:
Cost and schedule performance indexes should be as close to 1 as possible. A larger value, such
as 2.12, means that the schedule duration estimates were likely bloated or incorrect to begin with.
Answer option B is incorrect. This is not the best choice for this question.
Answer option C is incorrect. The number should not be close to 100; it should be close to 1.
Answer option D is incorrect. While Mark may have crashed the schedule and driven up costs to
achieve the SPI value, a more likely reason is that the time estimates were bloated.
Which two are features of the Forecast Management system?
A. The ability to enter forecasts manually
B. The ability to create forecasts while entering Sales Orders
C. The ability to create forecasts through MRP Messages Processing
D. The ability to select from 10 formulas
E. The ability to summarize sales order history in weekly or monthly time periods
Answer: A,D
How will you use a lookup table result in a numeric operation?
Response:
A. Use Amount as column type
B. Use "toString" to wrap the lookup field
C. Use "toNumber" to wrap the lookup field
D. Use custom number format
Answer: C
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