Question: You are the project manager for an IT project. You have just received cost control information that shows the project's cost variance (CV) is R

You are the project manager for an IT project. You have just received cost control information that shows the project's cost variance (CV) is R 30 000 and the project's schedule variance (SV) is - R5 000. What can you deduce about the project expenses and schedule

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Solve Prob. 4.17 assuming that the 330-N force is replaced with an 82.5-N m clockwise couple. Problem 4.17: Determine the reactions at A and B when (a) Î± = 0, (b) Î±...

please provide answers to questions 8, 9,10 Denver International Airport BACKGROUND How does one convert a $1.2 billion project into a $5.0 billion project? It's easy. Just build a new airport in...

PLEASE ANSWER THE FOLLOWING QUESTIONS AND BOLD THE ANSWER? 1.A project manager is estimating the project duration and finds that the only information available to him is a previous project that was...

EXAM PREP: PLEASE CHOOSE the correct answers to these questions: A project manager is estimating the project duration and finds that the only information available to him is a previous project that...

EXAM PREP: PLEASE POINT OUT THE ANSWERS I GOT WRONG AND PROVIDE THE RIGHT ANSWERS TO THEM: Mycurrent score is 20/25 A project manager is estimating the project duration and finds that the only...

a) b) Prepare a variance report for the production department with the following columns: (1) Project, (2) Actual Gallons, (3) Standard Gallons, (4) Standard Price, (5) Quantity Variance , and (6)...

Question 3 [9] You are the project manager at a large company. You must control the cost of a Data Priv Project (POPI Act). Phase 1 will take six months to complete, and you are three months it. The...

1) a 1) b 2) a 2) b-c Outdoor Company for the month of November DE Outdoor Company Winter Sports Department Budget Report For the Month Ended November 30, 2020 Budget Actual Difference Favorable...

Task one.. You have been assigned to construct a portfolio comprising two risky assets (Portfolios A & B) while considering your client's risk tolerance. The attached spread sheet shows historical...

Earned Value Analysis Your project team has been tasked with assembling 100 data acquisition systems in 3 days. The estimated cost ofeach unit is 510,00 3, for a total project cost of $1,000,000. The...

Consider the vector function (with values in R3) r(t) = In ( 2 1 t)i + (3- 2 1 t)j + (t-1/2) k Find a positive change of parameter from t to s where s is an arc length parameter of the curve having...

A cete expires in 9 months, the clean price of this cete is 9.59961601535939: a) Using the cete convention, determine the simple rate of return for this cete. b) By means of a quarterly capitalizable...

In Problems 2 5 - 2 8 determine whether Theorem 1 . 2 . 1 guarantees that the differential equation y ' = y 2 - 9 2 possesses a unique solution through the given point. 2 8 . ( - 1 , 1 )

The Economics in Practice describes prosperity and recession as they are depicted in literature. In mid-2009, there was a debate about whether the U.S. economy had entered an economic expansion. Look...

Below are approximate amounts related to cash flow information reported by five companies in previous years. 1. KraftHeinz reports operating cash flows of $3.6 billion, investing cash flows of $0.6...

The linkage consists of the two slender bars and moves in the horizontal plane under the influence of force P. Link OC has a mass m and link AC has a mass 2m. The sliding block at B has negligible...

The National Gun Policy Survey asked a random sample of adults, Do you think there should be a law that would ban possession of handguns except for the police and other authorized persons? Here are...

Mapmakers try to use as few colors as possible when coloring countries on a map, as long as no two countries that share a border have the same color. We can model this problem with an undirected...

Which of the following is a way in which organizations can promote job satisfaction? They can make jobs more repetitive. They can make jobs more interesting and fulfilling They can eliminate the use...

2. In this chapter, the reader should reflect on the following concepts: The trimming effect, vision, steady course paradox, bottom line, prisoners dilemma, social dilemma, CI strategy, CCI strategy,...

3. In what way can preconceptions affect what we perceive in new situations?

7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.