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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