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Exam Code: AICP
Exam Name: American Institute of Certified Planners Exam
Vendor: APA

60 Questions & Answers
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NEW QUESTION: 1
The correct equation for schedule variance (SV) is earned value:
A. minus planned value [EV - PV].
B. minus actual cost [EV - AC].
C. divided by planned value [EV/PV],
D. divided by actual cost [EV/AC].
Answer: A
Explanation:
Explanation/Reference:
Explanation:
* Schedule variance. Schedule variance (SV) is a measure of schedule performance expressed as the difference between the earned value and the planned value. It is the amount by which the project is ahead or behind the planned delivery date, at a given point in time. It is a measure of schedule performance on a project. It is equal to the earned value (EV) minus the planned value (PV). The EVM schedule variance is a useful metric in that it can indicate when a project is falling behind or is ahead of its baseline schedule.
The EVM schedule variance will ultimately equal zero when the project is completed because all of the planned values will have been earned. Schedule variance is best used in conjunction with critical path method (CPM) scheduling and risk management.
Equation: SV = EV - PV

NEW QUESTION: 2
An engineer is considering time of convergence in a new Layer 3 environment design. Which two attribute must be considered? (Choose two.)
A. loss of a valid forwarding path
B. forwarding table updates
C. SPT timer updates
D. addition of a valid forwarding path
E. OSPF database updates
Answer: A,B

NEW QUESTION: 3
A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?
A. General information
B. Input values
C. Costing
D. Auto indirect rules
E. Retroactive components
F. Status processing rules
Answer: B,C,D


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