QUESTION IMAGE
Question
which metric quantifies the delta between estimated resource cost and actual resource cost?
price variance
planned resource utilization
usage variance
resource allocation ratio
question 4
1 pts
which metric assesses the likelihood that a stakeholder feels satisfied and may be willing to recommend the project to others?
morale
turnover
net promoter score (nps)
mood chart
Response
First Question (Metric for delta between estimated and actual resource cost)
Brief Explanations
- Price Variance measures the difference between the estimated (standard) cost and actual cost of resources (like materials or labor) based on price differences.
- Planned Resource Utilization is about how planned resources are used, not cost differences.
- Usage Variance is about the difference in the quantity of resources used, not cost.
- Resource Allocation Ratio is about how resources are allocated, not cost variance.
Brief Explanations
- Net Promoter Score (NPS) specifically measures the likelihood of a stakeholder (customer, project stakeholder) recommending a product, service, or project to others, based on their satisfaction.
- Morale is about team or individual motivation, not stakeholder recommendation.
- Turnover is about employee retention/attrition, not stakeholder satisfaction.
- Mood Chart is for tracking moods, not stakeholder recommendation likelihood.
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A. Price Variance