PK0-005 Tools and Documentation Practice Question

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 on schedule

  Why it's wrong here

  EV of $50,000 against PV of $60,000 gives a schedule variance of −$10,000, so the project is behind schedule, not on it. On-schedule status would require EV equal to PV, where the schedule variance is zero and earned value matches planned value exactly.

• ✗

  The project is over budget

  Why it's wrong here

  Budget performance is measured by comparing EV with actual cost (AC), not planned value, so this calculation says nothing about cost. Over-budget status would require AC exceeding EV, producing a negative cost variance; here only schedule variance can be derived.

• ✓

  The project is behind schedule

  Why this is correct

  With EV ($50,000) below PV ($60,000), less work has been accomplished than planned at this point, so the schedule variance (EV − PV = −$10,000) is negative. This shortfall against the baseline indicates the project is running behind schedule.

• ✗

  The project is ahead of schedule

  Why it's wrong here

  With EV below PV, the schedule performance index is 0.83, so the project is behind schedule, not ahead. The option tempts because EV exceeding PV genuinely signals schedule advantage, and that arithmetic holds whenever earned value outpaces planned value. Here the values are reversed, so the conclusion inverts.