PMP Questions ID 4267 you are a contract project manager for a wholesale flower distribution company your project is t

You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300, AC = 200, and EV = 250. What is the CPI of this project?

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1.25

0.80

1.5

0.83

PMP Question No 4266 - All Domains

A negative result from an SV calculation means which of the following?

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PV is higher than EV.

PV equals 1.

EV is higher than PV.

EV is higher than AC.

Answer

PMP Question No 4265 - All Domains

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The EAC is a positive number, which means the project will finish under budget.

You do not have enough information to calculate CPI.

The CV is a negative number in this case, which means you've spent less than you planned to spend as of the measurement date.

The CV is a positive number in this case, which means you're under budget as of the measurement date.

Answer

PMP Question No 4264 - All Domains

This measurement is the value of the work that has been completed to date compared to the budget.

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EAC

Answer

PMP Question No 4263 - All Domains

What are the performance measurements for the Control Schedule process?

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SV = (EV – PV) and SPI = (EV / PV)

SV = (EV – AC) and SPI = (EV / AC)

SV = (EV – BAC) and SPI = (EV / BAC)

SV = (PV – EV) and SPI = (PV / EV)

Answer

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