PMP (Project Management Professional) · Question
Earned Value Management (EVM) measures project performance. What does a Cost Performance Index (CPI) of 0.85 indicate?
A CPI less than 1.0 indicates that the project is over budget for the work completed. For every dollar spent, only 85 cents of work has been earned.
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Question: Earned Value Management (EVM) measures project performance. What does a Cost Performance Index (CPI) of 0.85 indicate?
Answer options: ✅ The project is over budget.
- The project is ahead of schedule.
- The project is under budget.
- The project is behind schedule.
Correct answer: The project is over budget.
Explanation: A CPI less than 1.0 indicates that the project is over budget for the work completed. For every dollar spent, only 85 cents of work has been earned.
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Question explanations
- What is the primary output of the 'Direct and Manage Project Work' process?
- Which project management approach emphasizes frequent communication, self-organizing teams, and adapting to ch
- Which of the following is an output of the 'Develop Project Charter' process?
- Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third
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