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GCPM · Question #297

budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost…

The correct answer is D. 0.84. See the full explanation below for the reasoning.

Question

budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost performance index. Which of the following values will you report?

Options

  • A0.87
  • B0.80
  • C0.86
  • D0.84

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    9% (2)
  • C
    4% (1)
  • D
    83% (19)

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