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NEW QUESTION: 1
You are the project manager of the GGK project for your company. The GGK project has a budget of
$1,265,100 and is currently 40 percent complete. In this project, you elected to add labor to the project to increase the likelihood of completing the project early as the project was only scheduled to be 35 percent complete at this time. This positive risk response, while keeping the project ahead of schedule, has added significant costs to the project. You have already spent $575,000 to reach this point in the project.
Management would like to know what your cost performance index and the schedule performance index is for this project. What are these values?
A. The CPI is .88 and the SPI is zero.
B. The CPI is -$68,960 and the SPI is $63,255.
C. The CPI is .88 and the SPI is 1.14.
D. The CPI is 1.14 and the SPI is .88.
Answer: C
NEW QUESTION: 2
Which of the following statements is correct with regard to risk management?
A. The board's responsibility for risk management cannot be assigned to a board committee, such as a board risk committee.
B. The finance director is responsible for the overall implementation of the risk management process.
C. The total process of risk management, which includes a related system of internal control, is the responsibility of the board.
D. The chief audit executive is accountable to the board for designing, implementing and monitoring the risk management process.
Answer: C
NEW QUESTION: 3
Statement 1: Multimode optic cables are usually longer than single mode cables.
Statement 2: Sharp cable bends lead to weaker signal at the end of the cable.
A. Statements 1 and 2 are both true.
B. Statement 1 is false and statement 2 is true.
C. Both statements 1 and 2 are false.
D. Statement 1 is true and statement 2 is false.
Answer: B