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197 New PMP Cost Questions & Answers with explanation

21.

A project with Earned Value (EV) = $250, Actual Cost (AC) = $200 and Planned Value (PV) = $350. What is the Schedule Performance Index (SPI)?

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22.

A project with Earned Value (EV) = $1000, Actual Cost (AC) = $800 and Planned Value (PV) = $800. What is the Cost Variance (CV)?

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23.

A project with Earned Value (EV) = $1000, Actual Cost (AC) = $800 and Planned Value (PV) = $800. What is the Schedule Variance (SV)?

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24.

According to EVM, which term below represents the budgeted cost of the work to be completed to date?

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25.

According to EVM, which term below represents the outstanding amount of money required to finish the project?

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26.

With reference to the diagram below, it can be inferred that the project is currently:


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27.
A seller submits an invoice that is outside of the funding limit reconciliation during project planning. What is the least likely cause?
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28.
A budget estimate is in the range from
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29.
If earned value (EV) = 350, actual cost (AC) = 400, and planned value (pv) = 325, what is the cost variance (CV)?
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30.
A project manager has completed a detailed wbs and cost estimates for each work package. To create a cost baseline from this data, the project manager will:
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