PMP / CAPM exam Question bank

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CPI and SPI

Your assistant project manager does the monthly earned value management (EVM ) Analysis. But falls ill before completing it. She has provided you with the following information. Cost Performance Index (CPI) =1.10 , actual cost (AC) =US$800 million. Planned value =US$890 Million. How is the project going?
 
a) The schedule is behind by 10 days
b) Both the schedule and the budget are better than planned
c) There is enough money to support an offsite team outing
d) You have no real concerns about either schedule or budget

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