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NEW QUESTION: 1
Fred is the project manager of the NHA project. This project has a BAC of $2,456,900 and is sixty percent complete. Fred has crashed the project, which has driven the project costs to date to $1,525,140, but his project is five percent more complete than what was planned. What is the schedule variance for this project that Fred needs to report to the management?
A. -$85,000
B. $122,845
C. -$51,000
D. $176,675
Answer: B
Explanation:
Explanation/Reference:
Explanation:
There is positive variance of $122,845 on Fred's project. Variances can be either positive or negative.
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies 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.
Incorrect Answers:
A: This is not a valid answer for the project.
C: This is the project's variance at completion.
D: This is the cost variance for the project.
NEW QUESTION: 2
In the following request, which portion represents a parameter name?
A. Yes
B. Financials
C. Week1
D. User
Answer: D
NEW QUESTION: 3
A hedge fund trader buys options to establish an exposure in the currency market, thereby effectively
removing the risk of being able to participate in a gapping market. In this case the options premium represents
the price paid for eliminating the execution risk of
A. The delta-hedging strategy.
B. The theta-hedging strategy.
C. The vega-hedging strategy.
D. The gamma-hedging strategy.
Answer: A