Question: You planned your project to write database application to take one year. The cost of the project is budgeted at $12,500 per month. Six months

You planned your project to write database application to take one year. The cost of the project is budgeted at $12,500 per month. Six months into the project, you report that the database application is 50% completed and your project has spent $70,000. What is the approximate Cost Performance Index (CPI)?

Group of answer choices

  • 1.03
  • 1.07
  • 0.93
  • 1.05

Your project team has planned to write a software application that will take 1 year to complete. The cost of this project is budgeted at $12,500 per month. Six months into the project, you find that the software is 45% completed, and you have spent $70,000. What is the Cost Variance (CV)?

Group of answer choices

  • -$2,500
  • $2,500
  • $5,000
  • -$5,000

Your project team has planned to write a software application that will take 1 year to complete. The cost of this project is budgeted at $12,500 per month. Six months into the project, you find that the software is 45% completed, and you have spent $70,000. What is the approximate Variance at Completion (VAC)?

Group of answer choices

  • $5,357
  • -$5,357
  • -$5,556
  • $5,556

Your project team has planned to write a software application that will take 1 year to complete. The cost of this project is budgeted at $12,500 per month. Six months into the project, you find that the software is 50% completed, and you have spent $70,000. What is the approximate To-Complete Performance Index (TCPI)?

Group of answer choices

  • 0.94
  • 0.98
  • 1.03
  • 0.96

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