Question: 7. You are the Project manager for a project where the Schedule Performance Index (SPI) is 0.85 and Cost Performance Index (CPI) of 0.90. The

7. You are the Project manager for a project where the Schedule Performance Index (SPI) is 0.85 and Cost Performance Index (CPI) of 0.90. The project is currently:

ahead of schedule and over budget

behind schedule and under budget

ahead of schedule and under budget

behind schedule and over budget

8 What is the Schedule Variance (SV) for a project where

Earned Value (EV) = $8000,

Actual Cost (AC) = $6000 and

Planned Value (PV) = $6000.

Group of answer choices

-2000

2000

-1000

10. Earned value credit for labor is taken when the labor is hired.

True

False

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