Exam Code: L4M6
Exam Name: CIPS Supplier Relationships
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
You are the project manager for the GHB Organization. Management has asked that you review your recent SPI to determine why there was a schedule variance. They'd also like you to explain what approach you'll do to counteract the SPI going forward in the project. You complete the variance analysis and report to management that you'll be fast tracking a portion of your project work. What will be the management's concern with, when it comes to fast tracking the project?
A. Added risk
B. Slippage in the project quality
C. Added costs for the additional project labor
D. Continued variances in the SPI
Answer: A
Explanation:
Explanation/Reference:
Explanation:
When the project manager elects to use fast tracking the project manager is allowing phases of the project to overlap. When phases overlap there is added risk to the project. Fast tracking is a technique for compressing project schedule. In fast tracking, phases are overlapped that would normally be done in sequence. It is shortening the project schedule without reducing the project scope.
Incorrect Answers:
A: Costs are added when the project manager elects to crash a project.
C: Management's greatest concern is about the added risks of fast tracking and not about the SPI.
D: Quality may suffer, but the most prominent concern is the added risks to the project work.
NEW QUESTION: 2
This type of lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. It is called a?
A. Equipment lease of capital equipment.
B. Asset lease for capital needs of the organization.
C. Leveraged lease transaction.
D. Third party lease of negotiated assets.
Answer: C
Explanation:
A leveraged lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. The remaining terms are incorrect: Equipment lease, Third party lease, and Asset lease.
NEW QUESTION: 3
Which EMC NetWorker resource determines the level of backup performed by the client or group?
A. Policies
B. Directive
C. Schedule
D. Pool
Answer: C
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