PM Test Center » earned value

Calculating Schedule Performance Index (SPI)

Gabe Young — Wed, 21 Jul 2010 04:01:00 +0000

If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SPI?

A. 0.83
B. 0.86
C. 1.16
D. 1.20

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Calculating Cost Performance Index (CPI)

Gabe Young — Tue, 20 Jul 2010 04:01:53 +0000

If EV = 25,000, PV = 30,000, and AC = 29,000, what is the CPI?

A. 0.83
B. 0.86
C. 1.16
D. 1.20

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How much more the project is expected to cost from here on out

Gabe Young — Tue, 13 Jul 2010 04:01:04 +0000

You are halfway through your project and your sponsor would like to know how much more the project is expected to cost from now until the end. What earned value metric should you use?

A. CV
B. AC
C. EAC
D. ETC

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Calculating Schedule Variance (SV)

Gabe Young — Thu, 24 Jun 2010 04:01:02 +0000

If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SV?

A. -5,000
B. -1,000
C. 1,000
D. 5,000

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Calculating Cost Variance (CV)

Gabe Young — Wed, 23 Jun 2010 04:01:41 +0000

If EV = 25,000, PV = 30,000, and AC = 29,000, what is the CV?

A. -1,000
B. -4,000
C. 1,000
D. 4,000

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How much the project is expected to cost at completion

Gabe Young — Thu, 17 Jun 2010 04:01:29 +0000

You are halfway through your project and your sponsor would like to know how much the project is expected to cost when it is completed. What earned value metric should you use?

A. CV
B. AC
C. EAC
D. ETC

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SPI — what does it mean?

Gabe Young — Fri, 28 May 2010 04:01:34 +0000

As the project manager with a time conscience sponsor, you have been monitoring earned value throughout the year long project. At the halfway point, you report that the SPI is 0.8. This means that the project is:

A. Ahead of schedule
B. Under budget
C. Behind schedule
D. Over budget

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Earned value chart

Gabe Young — Thu, 13 May 2010 04:01:29 +0000

At your upcoming status meeting with your project sponsor, rather than just using a table, you want to graphically show earned value. Which of the following charts will you use?

A. Trend analysis
B. Control chart
C. S-curve
D. Pareto diagram

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Cost variance and schedule variance

Gabe Young — Fri, 30 Apr 2010 04:01:58 +0000

If a project has a Cost Variance (CV) of 1000 and a Schedule Variance (SV) of -1000, what does it mean?

A. The project is under budget and behind schedule.
B. The project is over budget and ahead of schedule.
C. It is impossible to have a negative SV.
D. The Overall Variance (OV) is 0.

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Variance at Completion

Gabe Young — Thu, 15 Apr 2010 04:01:24 +0000

If the BAC is 1000, the EAC is 1200, and the ETC is 900, what is the VAC?

A. -200
B. -100
C. 100
D. 200

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