Question: Two efficiency indicators that reflect the cost and schedule performance of a project are: A. Cost Projection Index (CPI) and Schedule Projection Index (SPI) B.


Two efficiency indicators that reflect the cost and schedule performance of a project are:

A. Cost Projection Index (CPI) and Schedule Projection Index (SPI)

B. Cost Performance Index (CPI) and Schedule Performance Index (SPI)

C. Actual Cost (AC) and Planned Value (PV)

D. Cost Pricing Index (CPI) and Schedule Performance Index (SPI)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related PMP® Exam Practice Test And Study Guide Questions!

Q:

6. You have been asked to establish a project charter for your new project. According to PMBOK, who normally has the responsibility to authorize the charter? A. Company president or CEO B. Project...

Q:

A schedule performance index value greater than 1 implies A . Project is behind schedule B . Project is ahead of schedule C . Project is executing according to the base line plan D . The earned value...

Q:

6. You have been asked to establish a project charter for your new project. According to PMBOK, who normally has the responsibility to authorize the charter? A. Company president or CEO B. Project...

Q:

Two efficiency indicators that reflect the cost and schedule performance of a project are: Cost Projection Index (CPI) and Schedule Projection Index (SPI) Cost Performance Index (CPI) and Schedule...

Q:

Project Management Lecture 12 P r o j e c t M a n a g e m e n t Revision 2017 Sem. 1 Do not commence reading or writing this examination unti so. P r o j e c t M a n a g e m e n t Revision EVM...

Q:

1 8 . Cost performance required to be achieved on the remaining work is expressed by CV SPI CPI TCPI 1 9 . What is the best way to accurately calculate Estimate to Completion ( ETC ) ( BAC - EV ) /...

Q:

1 8 . Cost performance required to be achieved on the remaining work is expressed by CV SPI CPI TCPI 1 9 . What is the best way to accurately calculate Estimate to Completion ( ETC ) ( BAC - EV ) /...

Q:

Two efficiency indicators that reflect cost and schedule performance of a project are Cost Performance Index (CPI) and Schedule Performance Index (SPI) Cost Projection Index (CPI) and Schedule...

Q:

USE THE FOLLOWING INFORMATION TO MAKE A CONTRACTOR STATUS REPORT. This question provides an overview of the cost and schedule performance for a project as of May 1st, 20xx. The project is broken down...

Q:

As a project manager, you have submitted a change request to the Change Control Board ( CCB ) . The CCB has reviewed and approved the change. Which of the following project performance indicators may...

Q:

The financial statements of A Ltd and B Ltd at 1 July 2020 were as follows: A Ltd B Ltd Cash $ 25 000 Plant 60 000 59 000 Accumulated Depreciation (15 000) (12 000) Inventories 12 600 24 000 Account...

Q:

Explain why some people support unions whereas others oppose them.

Q:

Prepare all the necessary journal entries for 2 0 2 2 for Flounder Inc. ( Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the...

Q:

The probabilities of a return on an investment of $5,000, $7,000, and $9,000 are 1 / 2, 3/8, and1 / 8.