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NEW QUESTION: 1
Jack works as a project manager for the NHQ project. His project has a budget of $2,208,456 and is scheduled to last for three years. His project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project, he has spent $725,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. Management would like to create a report telling them how much more the project will need to complete. What value should Jack tell the management?
A. $1,087,497.74
B. $755,000.56
C. $790,988.76
D. $1,112,978.45
Answer: A
Explanation:
The project will need $1,087,497.74 more to complete. This formula, the estimate to complete, is estimate at completion minus the actual costs. Here, CPI = EV/AC = (0.40*2,208,456)/725,000 = 1.21846, and ETC = EAC - AC = (BAC/CPI) - AC = (2,208,456/1.21846) - 725,000 = 1,812,497.74 - 725,000 = 1,087,497.74 The estimate to complete (ETC) is the expected cost needed to complete all the remaining work for a scheduled activity, a group of activities, or the project. ETC helps project managers predict what the final cost of the project will be upon completion. The formula for the ETC is EAC- A
C. The EAC is BAC/CPI.

NEW QUESTION: 2
The phrase "Lack of virtualization expertise
on site" is an example
of a .
A. risk
B. nonfunctional requirement
C. functional requirement
D. constraint
Answer: A
Explanation:
A risk is an issue that can affect the overall success of a project. A constraint is a limiting factor in a design, based on current system behavior.
A nonfunctional requirement is a system behavior, and a functional requirement is what the system should do.

NEW QUESTION: 3
How is encryption set for a Unity storage system?
A. Clicking the "Mode" checkbox on the Manage Encryption page
B. First time the license is applied
C. Selecting "Status' on the Manage Encryption page
D. Automatically set at the factory
Answer: B