Use This Earned Schedule Table to Determine the Schedule Variance

question 78

Multiple Choice

Use this earned schedule table to determine the schedule variance ($) for this project at the end of Month 6. $$\begin{array} { | l | l | l | l | l | l | l | l | } \hline & \text { Month 1 } & \text { Month } 2 & \text { Month } 3 & \text { Month 4 } & \text { Month } 5 & \text { Month 6 } & \text { Month } 7 \\\hline \text { PV (\$) } & \$ 125 & \$ 275 & \$ 500 & \$ 875 & \$ 1,485 & \$ 2,325 & \$ 2,670 \\\hline \text { EV (\$) } & \$ 50 & \$ 120 & \$ 255 & \$ 420 & \$ 715 & \$ 865 & \$ 0 \\\hline\end{array}$$

• A)-$1,460
• B)-$865
• C)$865
• D)$2325

Describe succession planning and its stages in developing high-potential employees.

Outline the steps involved in a basic career management system.

Identify career management responsibilities of organizations and employees.

Explain the role of goal setting and action plans in career development.

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Definitions:

Skills Inventory

A comprehensive list or database that details the specific skills, competencies, and qualifications of an organization's employees.

Individualized Personnel Record

A detailed and personalized document or system that tracks an employee's personal information, employment history, achievements, and performance data.

Simulation

A technique used for experimenting with real-world systems or processes in a virtual environment to study their behavior under various conditions.

Mathematical Equations

Symbolic representations of relationships between variables or quantities that are used to solve problems and express basic principles in numerous disciplines.