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NEW QUESTION: 1
You are planning a project and want to account for how the project will be managed in the future. While building your cost performance data, you want to provide guidance for when the project is later executed, because you know that different responses are required depending upon the degree of variance from the baseline. For example, a variance of 10 percent might not require immediate action, whereas a variance of 20 percent will require more immediate action and investigation. You decide to include the details of how to manage the cost variances as part of which following plan?
A. Change management plan
B. Performance measurement plan
C. Variance management plan
D. Cost management plan
Answer: D
Explanation:
The management and control of costs focuses on variances. Certain variances are acceptable, and others, usually those falling outside a particular range, are unacceptable. The actions taken by the project manager for all variances are described in the cost management plan. [Planning] PMI@, PMBOK@ Guide, 2013, 198-199
NEW QUESTION: 2
Which analytic solution is supported on Cognos?
A. Predictive analytics
B. Business intelligence
C. Cognitive data analysis
D. Stream computing
Answer: B
Explanation:
http://www.slideshare.net/senturus/cognos-10-predictive-analytics (slide 35)
NEW QUESTION: 3
If a company targets cost reduction across the supply chain with benefits shared amongpartners, which stage of supply chain management capability would it be at with respect toremoving cost from the supply chain?
A. cost reduction
B. strategic contribution
C. dysfunctional
D. infrastructure
E. collaboration
Answer: B
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