PMP Exam questions about Earned Value from PMSimu.com

Submitted by Anonymous (not verified) on Tue, 03/19/2013 - 20:58

PMP Exam question about Earned Value

From: http://www.pmsimu.com/question/554

 

As a project manager, you monitor project's performance in daily basis looking for variances in the baselines. Your project involves 300 members, 8 suppliers, 25 millions of budget and it is planned to last 15 months. In a certain point, the planned value is $8,000,000, actual cost is $12,000,000 and the earned value is $10,000,000. What are project's performance indexes?

 

 


CPI is 1.25 and SPI is 0.83.

CPI is 1.5 and SPI is 1.25.

CPI is 1.2 and SPI is 0.83.

CPI is 0.83 and SPI is 1.25.

 

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PMP / CAPM exam Question bank
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Fezi

Wed, 03/20/2013 - 12:51

 A is the correct Answer

pmplearner1977

Wed, 03/20/2013 - 14:52

 D is correct

 

 

 

 

bpatel

Wed, 03/20/2013 - 15:25

Yes even i think its A

AP

Wed, 03/20/2013 - 15:32

This is a direct question. All that we need from the question is,


EV = 10,000,000


AC = 12,000,000


PV = 8,000,000


CPI = EV / AC = 10,000,000 / 12,000,000 = 0.83


SPI = EV / PV = 10,000,000 / 8,000,000 = 1.25


Answer is D.

bpatel

Wed, 03/20/2013 - 15:34

correct, its just the eyes and mind looks other way around


 

campes (not verified)

Wed, 03/20/2013 - 16:20

Good! CPI is 0.83 and SPI is 1.25. Most answered D.

Here is the resolution from http://pmsimu.com/review/552

 

 

CPI (Cost Performance Index) is Earned Value divided by Actual Cost (CPI = EV/AC).

CPI = 10,000,000 / 12,000,000 = 0.83

SPI (Schedule Performance Index) is Earned Value divided by Planned Cost (SPI = EV/PC).

SPI = EV / PV = 10,000,000 / 8,000,000 = 1.25

Note that EV is the most important information so it is always the denominator in the formulas. You will see a lot of questions about earned value in the exam.

And remember: in the exam, you can use a Microsoft Windows calculator.

 

 

 

 

pmpnewster

Thu, 03/21/2013 - 12:44

campes, EV seems to be the numerator and not the denominator in the formulae...