Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.

Correct Answer for the following Question is given below

Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.Identify two ways to handle this kind of a spread on their budgets and forecasts.

Question:

Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.

Options:

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.

Use the predefined Bell Curve spread with small deviations on the spread points.

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

Use the predefined S-Curve spread with small deviations on the spread points.

Correct Answer

The Correct Answer for this Question is

Use the predefined Bell Curve spread with small deviations on the spread points.
Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

Explanation

The Question – Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0. has been answered correctly and answers for the question is Use the predefined Bell Curve spread with small deviations on the spread points.
Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

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