PK0-005 Tools and Documentation Practice Question
During a project, the project manager calculates the following: Earned Value (EV) = $50,000, Planned Value (PV) = $60,000, Actual Cost (AC) = $55,000. Which statement accurately describes the project's performance?
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 behind schedule and over budget.
Schedule Variance (SV) = EV - PV = $50,000 - $60,000 = -$10,000, indicating behind schedule. Cost Variance (CV) = EV - AC = $50,000 - $55,000 = -$5,000, 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 behind schedule and over budget.
Why this is correct
Negative SV means behind schedule; negative CV means over budget.
- ✗
The project is ahead of schedule and under budget.
Why it's wrong here
SV is negative (behind schedule) and CV is negative (over budget).
- ✗
The project is ahead of schedule and over budget.
Why it's wrong here
SV is negative, so behind schedule.
- ✗
The project is behind schedule and under budget.
Why it's wrong here
CV is negative, so over budget.
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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.