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Exam PgMP topic 1 question 60 discussion

Actual exam question from PMI's PgMP
Question #: 60
Topic #: 1
[All PgMP Questions]

You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent $789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, how many pennies is the program losing per dollar invested in the program work?

  • A. 17
  • B. 11
  • C. 15
  • D. 14
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Suggested Answer: B 🗳️

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trantridue
1 month, 2 weeks ago
Selected Answer: B
each us lost 11 penny
upvoted 1 times
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fido_dido
7 months, 1 week ago
calculate cost variance and divide by spent amount
upvoted 1 times
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UHS
1 year, 7 months ago
1 - EV/AC or 1- CPI
upvoted 1 times
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SyedCert
2 years, 8 months ago
=1- 2345900*0.3/789000 = 0.11 or 11 cents
upvoted 1 times
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Stu1900
3 years, 2 months ago
Can you please advise the formula for this question?
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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