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Eccouncil 712-50 Exam - Topic 1 Question 54 Discussion

The Board of Directors of a publicly-traded company is concerned about the security implications of a strategic project that will migrate 50% of the organization's information technology assets to the cloud. They have requested a briefing on the project plan and a progress report of the security stream of the project. As the CISO, you have been tasked with preparing the report for the Chief Executive Officer to present.Using the Earned Value Management (EVM), what does a Cost Variance (CV) of -1,200 mean?
A) The project is over budget
B) The project budget has reserves
C) The project cost is in alignment with the budget
D) The project is under budget

Eccouncil 712-50 Exam - Topic 1 Question 54 Discussion

Actual exam question for Eccouncil's 712-50 exam
Question #: 54
Topic #: 1
[All 712-50 Questions]

The Board of Directors of a publicly-traded company is concerned about the security implications of a strategic project that will migrate 50% of the organization's information technology assets to the cloud. They have requested a briefing on the project plan and a progress report of the security stream of the project. As the CISO, you have been tasked with preparing the report for the Chief Executive Officer to present.

Using the Earned Value Management (EVM), what does a Cost Variance (CV) of -1,200 mean?

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Suggested Answer: A

by Dalene at Jun 28, 2022, 08:53 AM

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Lisandra
9 months ago
This cloud migration better be worth the extra costs!
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Reuben
9 months ago
Nope, definitely over budget. No doubt about it!
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France
9 months ago
Wait, are we sure about that? I thought it could mean reserves.
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Alecia
10 months ago
Totally agree, that's a clear sign of overspending.
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Brunilda
10 months ago
CV of -1,200 means the project is over budget.
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Kiley
10 months ago
I thought a negative CV meant the project was under budget, but now I'm confused. I should have reviewed that section more thoroughly.
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Meghann
10 months ago
I practiced a similar question, and I believe that a CV of -1,200 definitely points to the project being over budget.
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Malika
11 months ago
I'm not entirely sure, but I think a CV of -1,200 suggests that we might have to dip into reserves to cover the extra costs.
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Ilona
11 months ago
I remember learning that a negative Cost Variance indicates we're spending more than planned, so I think it means the project is over budget.
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Felicidad
11 months ago
This seems like a straightforward question about the different options for training auditors. I'll need to carefully consider the pros and cons of each approach.
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Rashida
11 months ago
This seems like a tricky one. I'll need to think through the different practices and how they relate to managing resources during unplanned service disruptions.
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Tarra
11 months ago
I remember Bounce Verification being related to email security, but I'm not completely sure which attack it targets.
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