Project Management Professional PMP · Free Practice Question Medium
Question 34
Mike is the project manager of the AQA Project for his company. His BAC is $2,345,000, and he is currently 25 percent complete with the project, though he is supposed to be 30 percent complete. In the project so far, Mike has spent $612,000. Management has asked Mike to report on his cost and schedule performance. What is the project’s CPI?
- A 0.75
- B 2
- C 0.96
- D 1
Reveal correct answer
Correct answer: C
Explanation
The CPI is .96 and is found by using the formula of earned value / actual costs. In this question, the earned value is $586,250, and the actual costs are $612,000.Discussion
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