CIPS L4M1 Q&A - in .pdf

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  • Exam Code: L4M1
  • Exam Name: Scope and Influence of Procurement and Supply
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NEW QUESTION: 1
What is the function of netting in exchange agreements?
A. To sum receivables and payables in one statement
B. To settle confirmed purchase orders automatically
C. To create several invoices with different terms of payments
D. To calculate the net value of an exchange contract
Answer: A

NEW QUESTION: 2
You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are supposed to be at your second milestone which accounts for half of the project completion. There have been some errors in the project which has caused you to spend $2,073,654. What is this project's schedule performance index?
A. 0.90
B. 1.02
C. 0.98
D. -$108,120
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The schedule performance index shows how well the project is performing on its schedule goals. The SPI can be found by dividing the earned value by the planned value. In this instance, it is $2,025,000 divided by $2,250,000 for .90. The closer to 1, the better the performance. Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in trend analysis to predict future performance.
SPI is the ratio of earned value to planned value. The SPI is calculated based on the following formula: SPI
= Earned Value (EV) / Planned Value (PV) If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The SPI value of 1 indicates that the project is right on target.
Incorrect Answers:
A: 1.02 is the to-complete performance index.
B: 0.98 is the cost performance index.
D: -$108,120 is the variance at completion based on current performance.

NEW QUESTION: 3
Which two are features of DMVPN? (Choose two.)
A. It requires IPsec encryption.
B. It offers configuration reduction.
C. It supports multicast traffic.
D. It does not support spoke routers behind dynamic NAT.
E. It only supports remote peers with statically assigned addresses.
Answer: B,C
Explanation:
DMVPN Hub-and-spoke deployment model: In this traditional topology, remote sites (spokes) are aggregated into a headend VPN device at the corporate headquarters (hub). Traffic from any remote site to other remote sites would need to pass through the headend device. Cisco DMVPN supports dynamic routing, QoS, and IP Multicast while significantly reducing the configuration effort.
Reference. http://www.cisco.com/c/en/us/products/collateral/security/dynamic-multipoint-vpndmvpn/data_sheet_c78-468520.html

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