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NEW QUESTION: 1
What are used for the interest rate instrument on which the reference interest rate is based to describe when and how much money is paid ?
A. Review tasks
B. Sales order management
C. Interest conditions
D. Perform cost accounting
Answer: C
NEW QUESTION: 2
Welche drei Verfahren sollte ein Compliance-Beauftragter, der die CTF-Bemühungen eines Instituts überarbeiten möchte, gemäß der Erklärung der Wolfsberg-Gruppe zur Bekämpfung der Finanzierung des Terrorismus einschließen?
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Answer: A,C,D
NEW QUESTION: 3
Which of the following techniques is described in the statement below?
"It is an early warning project management tool that allows managers to discover and control errors before they become unmanageable."
A. Earned Value Analysis
B. What-if scenario analysis
C. Resource leveling
D. Variance analysis
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Answer option B is correct.
Earned Value Analysis (EVA) is an early warning project management tool that allows managers to discover and control errors before they become unmanageable. Earned value analysis is a method of performance measurement. It is used to measure a project's progress, to forecast its completion date and final cost, and to provide schedule and budget variances along the way.
Answer option A is incorrect. Resource leveling is a schedule network analysis technique applied to a schedule that has already been analyzed by the critical path method. It is a smoothing out resource requirements from period to period in a scheduled project. Resource leveling can often cause the original critical path to change.
Answer option C is incorrect. What-if scenario analysis explains the analysis of the question "What if the situation represented by scenario 'X' happens?". This What-If Scenario Analysis shortly named as WISA. A schedule network analysis is performed using the schedule to compute the different scenarios, such as extending specific engineering durations, or delaying a major component delivery. Businesses use what-if scenarios to determine the effect different costs or investments have on profit and other financial indicators.
Answer option D is incorrect. Variance analysis is a technique for resolving the total variance into specific component variances. Variance analysis works with defined factors in the set of scope, cost, and schedule variables that affect them.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Earned Value Analysis and Forecasting
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