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Question 445 - 712-50 discussion

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The Board of Directors of a publicly-traded company is concerned about the security implications of a strategic project that will migrate 50% of the organization's information technology assets to the cloud. They have requested a briefing on the project plan and a progress report of the security stream of the project. As the CISO, you have been tasked with preparing the report for the Chief Executive Officer to present.

Using the Earned Value Management (EVM), what does a Cost Variance (CV) of -1,200 mean?

A.
The project is over budget
Answers
A.
The project is over budget
B.
The project budget has reserves
Answers
B.
The project budget has reserves
C.
The project cost is in alignment with the budget
Answers
C.
The project cost is in alignment with the budget
D.
The project is under budget
Answers
D.
The project is under budget
Suggested answer: A

Explanation:

Reference: https://www.pmi.org/learning/library/earned-value-management-systems-analysis-8026#:~:text=The%20cost%20variance%20is%20defined,the%20project%20is%20on%20budget

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asked 18/09/2024
HWANG SEON TAE
43 questions
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