Discuss EC-Council 712-50 Exam Topic 1 Question 54

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?

AThe project is over budget

BThe project budget has reserves

CThe project cost is in alignment with the budget

DThe project is under budget

Suggested Answer: A

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12 comments · newest first

Lisandra 11 months ago

This cloud migration better be worth the extra costs!

Reuben 11 months ago

Nope, definitely over budget. No doubt about it!

France 11 months ago

Wait, are we sure about that? I thought it could mean reserves.

Alecia 11 months ago

Totally agree, that's a clear sign of overspending.

Brunilda 11 months ago

CV of -1,200 means the project is over budget.

Kiley 12 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.

Meghann 12 months ago

I practiced a similar question, and I believe that a CV of -1,200 definitely points to the project being over budget.

Malika 1 year 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.

Ilona 1 year 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.

Felicidad 1 year 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.

Rashida 1 year 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.

Tarra 1 year ago

I remember Bounce Verification being related to email security, but I'm not completely sure which attack it targets.

EC-Council 712-50 Exam - Topic 1 Question 54 Discussion