Question: Youre managing a project using the earned value technique (EVT) for cost management. The project planned value (PV) is $200,000. The project earned value (EV)

You’re managing a project using the earned value technique (EVT) for cost management. The project planned value (PV) is $200,000. The project earned value (EV) is $100,000. The actual value (AV) is $150,000. Calculate the cost performance index (CPI) for the project. What is the cost-efficiency of the project? ❍ A. Over budget ❍ B. Under budget ❍ C. On budget ❍ D. Unable to determine from the information given

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!

Youre managing a project using the earned value technique (EVT) for cost management. The project planned value (PV) is $200,000. The project earned value (EV) is $100,000. The actual value (AV) is...

You're managing a project using the earned value technique ( EVT ) for cost management. The project planned value ( PV ) is $ 2 0 0 , 0 0 0 . The project earned value ( EV ) is $ 1 0 0 , 0 0 0 . The...

You are managing a project using the earned value technique (EVT) for cost management. The project planned value (PV) is $200,000. The project earned value (EV) is $100,000. The actual value (AV) is...

Time left 0 : 5 9 : 4 1 You're managing a project using the earned value for cost management. The project planned value ( PV ) is $ 2 0 0 , 0 0 0 . The project earned value ( EV ) is $ 1 0 0 , 0 0 0...

You're managing a project using the earned value management for cost management. The project planned value ( PV ) is $ 2 0 0 , 0 0 0 . The project earned value ( EV ) is $ 1 0 0 , 0 0 0 . The actual...

You're managing a project using the earned value for cost management. The project planned value ( PV ) is $ 2 0 0 , 0 0 0 . The project earned value ( EV ) is $ 1 0 0 , 0 0 0 . The actual value ( AV...

You are managing a project using the earned value technique for cost management. The project planned value (PV) is $200,000. The project earned value (EV) is $100,000. The actual value (AV) is...

Specifications for the computer upgrades are 77 minutes and 81 minutes. Estimate the percentage of process output that can be expected to fall within the specifications. SAMPLE 1 2 3 4 6. 79.2 84.2...

Suppose that h: V W is one-to-one so that by Theorem 2.20, for any basis B = (1, . . . , n) V the image h(B) = h((1), . . . , h(n)) is a basis for W. (a) Represent the map h with respect to B,...

Which of the following is an advantage of investing in limited partnerships, Reits, mongages, or participation certicates? Matiple Choice A ponslite hedge againat intation Easy enty No management...

a. Financial statements should aid the user of the statements in making decisions. In your opinion, would the user of the statements be aided if there were a distinction between financial reporting...