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NEW QUESTION: 1
Which of the following functions do you use to load data from a flat file to a model?
Please choose the correct answer.
Response:
A. Download Data
B. Data Preview
C. Organize Package
D. Run Package
Answer: D
NEW QUESTION: 2
The following diagram shows:
A. Baldrige criteria for improvement
B. API Improvement model
C. Quality improvement
D. None of these
Answer: B
NEW QUESTION: 3
How are the terms privacy and data protection related?
A. The terms are synonymous
B. Privacy includes the right to the protection of personal data
C. Data protection is the right to privacy.
Answer: B
NEW QUESTION: 4
You are the project manager of the NHQ project. Your project has a budget of $1,258,456 and is scheduled to last for three years. Your project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project, you have spent $525,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. What is the estimate at completion for this project that you will need to report to management?
A. $1,312,504
B. $787,504
C. -$62,922.80
D. $1,525,000
Answer: A
Explanation:
The estimate at completion can be calculated by dividing the budget at completion by the cost performance index. Here, CPI =EV/AC=(0.40*1,258,456)/525000 = 0.95882 EAC = BAC/CPI = 1,258456/0.95882 = 1,312,504 What is Estimate at Completion (EAC)? Estimate at Completion (EAC) is a field that displays the final cost of the project including the actual costs and the forecast of remaining costs based on the cost performance index (CPI) so far. The formula used to calculate this estimate is as follows: ACWP+(BAC-BCWP)/CPI Answer option D is incorrect. $787,504 is the estimate to complete. Answer option A is incorrect. -$62,922.80 is the schedule variance. Answer option C is incorrect. This is not a valid calculation for this question.
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