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PK0-003 · Question #447

Which of the following would be the impact upon a project if the CPI for the project is .75?

The correct answer is D. The project is over-budget.. A CPI (Cost Performance Index) of 0.75 indicates that a project is performing below budget expectations, specifically that it is over-budget for the work completed.

Project management concepts

Question

Which of the following would be the impact upon a project if the CPI for the project is .75?

Options

  • AThe project is under-budget.
  • BThere would be a 25 percent cost decrease.
  • CThere would be a 75 percent cost increase.
  • DThe project is over-budget.

How the community answered

(38 responses)
  • A
    13% (5)
  • B
    3% (1)
  • C
    8% (3)
  • D
    76% (29)

Why each option

A CPI (Cost Performance Index) of 0.75 indicates that a project is performing below budget expectations, specifically that it is over-budget for the work completed.

AThe project is under-budget.

The project is under-budget only if the CPI is greater than 1.0, meaning less money was spent than planned for the work completed.

BThere would be a 25 percent cost decrease.

A CPI of 0.75 means that for every dollar spent, only 75 cents worth of work was earned, which indicates an over-budget status, not a 25 percent cost decrease.

CThere would be a 75 percent cost increase.

A CPI of 0.75 means the project is achieving 75% of the planned value for its cost, it does not directly translate to a 75 percent cost increase.

DThe project is over-budget.Correct

A CPI of less than 1.0 signifies that the project is spending more money than planned for the amount of work accomplished, thereby indicating that it is over-budget.

Concept tested: Interpreting Cost Performance Index (CPI)

Source: https://learn.microsoft.com/en-us/azure/devops/report/powerbi/cost-performance-index?view=azure-devops

Topics

#CPI interpretation#cost performance#over-budget#earned value management

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