If the Earned Value of a project is 500, its Actual Cost is 700, and the Planned Value is 600, the project is: Under bud & on time or within bud but delayed?

Question

1) If the Earned Value of a project is, its Actual Cost is and the Planned Value is, the project is:

a) Under budget and on time

b) Within the budget but delayed

c) Under the budget but with a tendency to rise

Over budget and with a delayed schedule

Zaferullah Sharief, PMP® · Answer

Option is D) Over budget and with a delayed schedule

After calculating SPI and CPI:

CPI =0. (cost performance index)

SPI =0. (schedule performance index)

Both the measurement indexes are less than1.0 which means-: project is delayed as per SPI value and cost overrun as CPI indicates.

Binil Paul · Answer

SPI < 1 = Delayed

CPI < 1 = Over Budget

Srinivasan Rathinamoorthy · Answer

try to complete before the date,reduce the manpower

RAFAEL ISASI SIQUEIROS · Answer

Over budget and most probably behind schedule

Abdelrahman Owais · Answer

Over budget and behind schedule.