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NEW QUESTION: 1
Which of the following is not included in general guidelines for a diversified investment portfolio?
A. never invest in readily liquid securities
B. Do not over-concentrate securities from a specific issue or business sector
C. Limited investment in securities with higher credit risk
D. Invest in securities that have varying maturities
Answer: A

NEW QUESTION: 2
You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, the team leader of a project, provides you performance indexes of her project. The cost variance
(CV)
of her project is -20. What does this figure depict?
A. Costs are lower than planned.
B. The project is behind schedule.
C. Spending is right on target.
D. Costs are higher than planned.
Answer: D
Explanation:
According to the question, the cost variance of the project is -20, which is a negative figure. The negative
CV depicts that the costs are higher than planned.
What is CV?
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 C is incorrect. This result is drawn when the
CV value is positive. Answer option B is incorrect. If the CV is zero, it shows that spending is right on target.
Answer option A is incorrect. This result is depicted by viewing the schedule variance (SV), not the CV.
What is SV?
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the
schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated
based on the following formula:
SV = Earned Value (EV) - Planned Value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0
shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on
target.

NEW QUESTION: 3
A customer is asking for the latest version of the HPE Nimble Storage Integration Guide.
Where can the customer download the guide?
A. HPE InfoSight
B. HPE Information Library
C. HPE Product Bulletin
D. HPE SPOCK
Answer: A


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ASDEV01 Exam Info

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ASDEV01 Exam Topics

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