PK0-005 Project Life Cycle Practice Question
A project is in the monitoring and controlling phase. The project manager is reviewing the earned value metrics: EV = $50,000, PV = $60,000, AC = $55,000. Which of the following statements is correct?
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 and behind schedule.
SPI = EV/PV = 50,000/60,000 = 0.83, indicating behind schedule. CPI = EV/AC = 50,000/55,000 = 0.91, indicating 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 over budget and behind schedule.
Why this is correct
CPI=0.91 (<1) over budget; SPI=0.83 (<1) behind schedule.
- ✗
The project is over budget and ahead of schedule.
Why it's wrong here
SPI<1 indicates behind schedule, not ahead.
- ✗
The project is under budget and ahead of schedule.
Why it's wrong here
CPI<1 means over budget; SPI<1 means behind schedule.
- ✗
The project is under budget and behind schedule.
Why it's wrong here
CPI<1 indicates over budget, not under.
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