what is burn rate?

Submitted by Raavi on Sat, 12/11/2010 - 20:15

87. A project was assessed and the following Earned value data have been found: PV: $750,000 EV: $750,000 AC: $900,000 What is the Burn rate of the project?


 


o 1.20


o 1.10


o 1.00


o 0.83


 

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sv

Sat, 12/11/2010 - 21:56

BURN RATE=1/CPI

cuongpt

Wed, 12/15/2010 - 09:22

BURN RATE=1/CPI

CPI = EV/AC

=> Burn rate = AC/EV = 900,000/750,000 = 1.2


Sandy10001

Wed, 08/20/2014 - 16:21

Perhaps part of your question has to do with understanding the relationship between burn rate and Earned Value Management. PMI has an article on this topic. It's free if you are a member. Please see http://marketplace.pmi.org/Pages/ProductDetail.aspx?GMProduct=00100294501 for more information.

Frances Tessler

Wed, 08/20/2014 - 20:55

CPI is 1 so if they are asking about Burn Rate not sure this is the answer.

pmalik

Fri, 09/22/2017 - 09:10

This is an EVM Question. For help in answering these questions you should read the following articles:
Earned Value Management Formulas
Estimate to Complete – 3 ETC Formulas For PMP Exam
Earned Value Management System Explained in Easy Language
To Complete Performance Index – TCPI Formula & Calculations Explained
Estimate At Completion – 5 EAC Formulas for PMP Exam
Basics of Earned Value Analysis