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NEW QUESTION: 1
You are the project manager of the NHA Project. This project is expected to last one year with quarterly milestones throughout the year. Your project is supposed to be at the third milestone today, but you are likely to be only 60 percent complete. Your project has a BAC of $745,000 and you have spent $440,000 of the budget-to-date. What is your cost variance for this project?
A. $-111,750
B. $7,000
C. There is no variance.
D. 11,667
Answer: B
Explanation:
The cost variance is the earned value minus the actual costs. In this project, you have spent less than what the project is worth, so the project has a positive cost variance. Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are higher than budgeted or lower than budgeted. The cost variance is calculated based on the following formula: CV = Earned Value (EV) - Actual Cost (AC) A positive value means that spending is less than budgeted, whereas a negative value indicates that costs are higher than originally planned for the project. Answer option B is incorrect. -$111,750 is the cost variance of the project.
Answer option A is incorrect. This is the variance at completion for the project. Answer option C is incorrect. There is a cost variance, albeit a positive one.

NEW QUESTION: 2
You know that AWS Billing and Cost Management integrates with the AWS Identity and Access Management (IAM) service so that you can control who in your organization has access to specific pages on the AWS Billing and Cost Management console. Which of the following items can you control access to in AWS Billing and Cost Management?
A. You can control access to payment methods only.
B. You can control access to detailed information about charges and account activity only.
C. You can control access to invoices only.
D. You can control access to invoices and detailed information about charges and account activity, budgets, payment methods, and credits.
Answer: D
Explanation:
Explanation
In AWS Billing and Cost Management console, you can control access to the following:
- invoices
- detailed information about charges
- account activity
- budgets
- payment methods
- credits

NEW QUESTION: 3

A. Option B
B. Option A
C. Option C
D. Option D
Answer: A