PK0-005 Project Life Cycle Practice Question
A project has an Earned Value (EV) of $50,000, Planned Value (PV) of $60,000, and Actual Cost (AC) of $55,000. Which TWO statements are true regarding the project's performance? (Choose two.)
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
The project is over budget.
SPI = EV/PV = 50/60 = 0.83 (<1, behind schedule). CPI = EV/AC = 50/55 = 0.91 (<1, over budget).
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
The project is ahead of schedule.
Why it's wrong here
SPI < 1 indicates behind schedule, not ahead.
- ✓
The project is over budget.
Why this is correct
CPI = 0.91 < 1, so over budget.
- ✓
The project is behind schedule.
Why this is correct
SPI = 0.83 < 1, so behind schedule.
- ✗
The project is under budget.
Why it's wrong here
CPI = 0.91 < 1, so over budget, not under.
Go deeper
Related to this question
About these practice questions
Courseiva writes every PK0-005 question from scratch — 980 in total, each with an explanation and a wrong-answer breakdown. None are copied from real exams or dumps. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.