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NEW QUESTION: 1
Jane works as a project manager for HRM Inc. Various projects are running under her administration.
Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?
A. Holly's project has costs that are higher than planned.
B. Holly's project is ahead of the schedule.
C. Holly's project is behind the schedule.
D. Holly's project is right on target.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Answer option B is correct.
According to the question, the schedule variance (SV) of the project is 15, which is a positive value. The positive SV depicts that the project is ahead of the planned schedule.
Schedule variance (SV)
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.
Answer option A is incorrect. The negative SV means that the project is behind the schedule.
Answer option C is incorrect. The zero SV means that the project is right on target.
Answer option D is incorrect. This result can be drawn by looking at the cost variance (CV) of the project.
Cost variance (CV)
Cost variance (CV) is a measure of cost performance of 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.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Earned Value Analysis and Forecasting

NEW QUESTION: 2
Scenario: IT management has decided which server hardware model to use for new XenApp and XenDesktop Sites and needs guidance on sizing the Hardware Layer.
Click the Exhibit button to view the host details.

A Citrix Architect is planning to install XenServer 7.x on this host which will be used to host only XenApp servers.
How many XenApp servers can the architect deploy on the host if the plan includes allotting each XenApp server 4 vCPUs, considering the over subscription ratio?
A. 0
B. 1
C. 2
D. 3
Answer: A

NEW QUESTION: 3
A user is attempting to delete a virtual image from the catalog on IBM PureApplication System and gets an error. What could be a potential cause of this error? (Choose two.)
A. There is an existing pattern associated with this virtual image
B. The user lacks the correct permissions to delete the virtual image
C. The virtual image does not support the OVF standard
D. The virtual image is read-only
Answer: A,B