CMT-Level-III Exam Questions

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Full Exam Name: CMT Level III Exam
Vendor Name: CMT Association
Exam Code: CMT-Level-III
Questions with Answers (PDF) 65
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NEW QUESTION: 1
Which of the following instruments is sold at multiple price bid auctions?
A. Treasury Bill
B. Commercial paper
C. Certificates of deposit
D. Money market fund
Answer: A

NEW QUESTION: 2

A. Apply a BGP export policy onR2to assign a lower origin value to routes advertised to ISP B.
B. Apply a BGP export policy on R1 to assign a higher local preference value to routes advertised to ISP
C.
D. Apply a BGP export policy on R1 to assign a lower MED value to routes advertised to ISP A.
E. Apply a BGP export policy to R2 to prepend [65001 65001 65001 65001 65001] to the AS path of routes advertised to ISP B.
Answer: E

NEW QUESTION: 3
In the Cisco UCCE with CVP centralized deployment with single data center, which statement about how to increase the CVP availability is true?
A. Must have SIP Proxy server to pass messages between the gateways and the CVP servers.
B. Deploy CVP with N:N redundancy.
C. Deploy CVP standalone to handle downtime.
D. Deploy CVP with N+1 redundancy.
Answer: D

NEW QUESTION: 4
You are the project manager of the NHQ project. Your project has a budget of $1,258,456, and is scheduled to last for three years. Your project is currently forty percent complete though it should be forty- five percent complete. In order to reach this point of the project, you have spent $525,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. Management would like to create a report telling them how much more the project will need to complete. What value should you tell management?
A. $1,312,504
B. $566,305
C. $733,456
D. $787,504
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The project will need $787,504 more to complete. This formula, the estimate to complete, is estimate at completion minus the actual costs. Here, CPI = EV/AC =(0.40*1,258,456)/525000= 0.95882, and
ETC = EAC - AC
= (BAC/CPI) - AC
=(1,258,456/0.95882) - 525000
= 1,312,504- 525000
= 787,504
The estimate to complete (ETC) is the expected cost needed to complete all the remaining work for a scheduled activity, a group of activities, or the project. ETC helps project managers predict what the final cost of the project will be upon completion. The formula for the ETC is EAC- AC. The EAC is BAC/CPI.
Incorrect Answers:
A: This is the planned value.
C: This is the estimate at completion.
D: This is not a valid value based on the current project performance.

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