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Exam PgMP topic 1 question 63 discussion

Actual exam question from PMI's PgMP
Question #: 63
Topic #: 1
[All PgMP Questions]

A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent $620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time. Based on this information which type of performing is present in this scenario?

  • A. Schedule, because the program's planned value is only $700,000.
  • B. Cost, because the program has a cost variance of -7,500
  • C. Schedule, because the program has a schedule performance index of .88.
  • D. Cost, because the program has an estimate to complete of $1,151,429.
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Suggested Answer: C 🗳️
by tungdt at July 1, 2024, 5:44 a.m.

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tungdt
10 months ago
C is correct answer BAC = 1750000, AC = 620000 EV = 0,35 x 1750000 = 612,5 CPI = EV/AC = 612,5/620000 = 0,98175 PV = 0,4 x BAC = 0,4 x 1750000 = 700 SPI = EV/PV = 612,5/700 = 0,875 =0,88
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