If the Earned Value of a project is 500, its Actual Cost is 700, and the Planned Value is 600, the project is: Under bud & on time or within bud but delayed?

1) If the Earned Value of a project is, its Actual Cost is and the Planned Value is, the project is:

a) Under budget and on time

b) Within the budget but delayed

c) Under the budget but with a tendency to rise

Over budget and with a delayed schedule

Question added by dav sam
Date Posted: 2016/01/02

Upvote (1) Views (17) Followers (5) Answers (5) Report Question

by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option is D) Over budget and with a delayed schedule

After calculating SPI and CPI:

CPI =0. (cost performance index)

SPI =0. (schedule performance index)

Both the measurement indexes are less than1.0 which means-: project is delayed as per SPI value and cost overrun as CPI indicates.

by Binil Paul , Senior Planning Engineer , Keo International Consultants - Qatar

SPI < 1 = Delayed

CPI < 1 = Over Budget

by Srinivasan Rathinamoorthy , MEP Engineer , power point llc

try to complete before the date,reduce the manpower

by RAFAEL ISASI SIQUEIROS , Independent Consultant / freelance , Own

Over budget and most probably behind schedule

by Abdelrahman Owais , Sr. Mechanical Engineer UPDA Certified , Electrowatt

Over budget and behind schedule.

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