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NEW QUESTION: 1
Cathy is the project manager of the NNQ Project. She currently has completed 45 percent of the project but was scheduled to have 65 percent of the project completed. This project has a budget of $344,000 and was scheduled to last four months. Cathy has spent $198,998 to date on the project. Based on this information, what is the estimate at completion for the NNQ Project?
A. $243,219.78
B. -$98,217.78
C. $441,025.64
D. -$44,198
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The estimate at completion (EAC) formula is the Budget at Completion (BAC)/Cost Performance Index (CPI). In this instance, the CPI is .78 and the BAC is $344,000. Cathy's project isn't doing too well.
Incorrect Answers:
A: This value represents the negative value the project will have once all the work is completed.
B: This value represents the negative cost variance.
D: This value represents the estimate to complete for the project.
NEW QUESTION: 2
You need to create a new project schedule by using tasks from an existing project. You need to achieve this goal without inheriting actual hours from the existing project. What would you do first?
A. Open the previously saved project schedule and save it as a template.
B. Save the task list as a Microsoft Excel template.
C. On the File menu in Project 2010, use one of the existing templates.
D. Save the task list in Microsoft Excel and use the Project Import Wizard.
Answer: A
Explanation:
When you save a project as a template, you can remove baseline data, actuals, resource pay rates, fixed cost information, and task publishing status.
NEW QUESTION: 3
While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds? (Choose two.)
A. Payables Manager can release payment holds in Payables.
B. The employee's supervisor can manually release the hold.
C. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
D. The employee can manually release the hold.
E. The expense auditor can manually release the payment hold at his discretion.
Answer: C,E
Explanation:
Payment holds are released in the following ways:
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm