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  • Exam Number/Code : L4M7
  • Exam Name : CIPS Whole Life Asset Management
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
The marginal revenue product of a resource
A. is the marginal product of the resource multiplied by the price of that resource.
B. is the marginal product of the resource multiplied by the price of the output it is used to produce.
C. is equal to marginal revenue, i.e. the increase in the firm's total revenue which is generated by selling one more unit of output.
Answer: B
Explanation:
Marginal revenue product is the addition to the total revenue of the firm generated by adding one more unit of a resource. It is equal to the increase in output multiplied by the marginal revenue of the output.

NEW QUESTION: 2
An administrator reassigns a laptop to a different user in the company. Upon delivering the laptop to the new user, the administrator documents the new location, the user of the device and when the device was reassigned. Which of the following BEST describes these actions?
A. Asset management
B. Network map
C. Baselines
D. Change management
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Documenting the location, the user of the device and the date of the reassignment would be part of the asset management.
The best way to keep track of your computers and their configurations is to document them yourself. Large enterprise networks typically assign their own identification numbers to their computers and other hardware purchases as part of an asset management process that controls the entire life cycle of each device, from recognition of a need to retirement or disposal.

NEW QUESTION: 3
Outputs of the Control Communications process include:
A. organizational process asset updates and an issue log.
B. work performance information and change requests.
C. expert judgment and change requests.
D. project management plan updates and an issue log.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
4.4.1.5 Work Performance Information
Work performance information is the performance data collected from various controlling processes, analyzed in context, and integrated based on relationships across areas. Thus work performance data has been transformed into work performance information. Data in itself cannot be used in the decision-making process as it has only out-of-context meaning. Work performance information, however, is correlated and contextualized, and provides a sound foundation for project decisions.
Work performance information is circulated through communication processes. Examples of performance information are status of deliverables, implementation status for change requests, and forecasted estimates to complete.
9.4.1.4 Issue Log
Issues arise in the course of managing the project team. An issue log can be used to document and monitor who is responsible for resolving specific issues by a target date.

NEW QUESTION: 4
DRAG DROP
You have a Microsoft Azure SQL data warehouse named DW1. Data is loaded to DW1 once daily at 01:00.
A user accidentally deletes data from a fact table in DW1 at 09:00.
You need to recover the lost data. The solution must prevent the need to change any connection strings and must minimize downtime.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the area and arrange them in the correct order.

Answer:
Explanation:


 

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New L4M7 Test Registration - CIPS Valid L4M7 Exam Questions, L4M7 Valid Real Test - Cads-Group


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