PK0-004 · Question #250
A status report shows that the earned value is $50,000, the planned value is $40,000, and actual costs are $45,000. Which of the following is the SPI of the project, and is the project ahead or…
The correct answer is D. SPI = 1.20, ahead of schedule. SPI is calculated as EV divided by PV; a value above 1.0 means the project is ahead of schedule, making D the only conceptually correct option.
Question
A status report shows that the earned value is $50,000, the planned value is $40,000, and actual costs are $45,000. Which of the following is the SPI of the project, and is the project ahead or behind schedule?
Options
- ASPI = 0.89, ahead of schedule
- BSPI = 0.90, behind schedule
- CSPI = 1.11, behind schedule
- DSPI = 1.20, ahead of schedule
How the community answered
(67 responses)- A16% (11)
- B7% (5)
- C3% (2)
- D73% (49)
Why each option
SPI is calculated as EV divided by PV; a value above 1.0 means the project is ahead of schedule, making D the only conceptually correct option.
An SPI of 0.89 is less than 1.0 and would indicate behind schedule, not ahead, and the formula does not yield 0.89 from the given values.
While an SPI below 1.0 does indicate behind schedule, the formula EV/PV = 50,000/40,000 does not produce 0.90.
An SPI of 1.11 is greater than 1.0 and therefore indicates ahead of schedule, not behind schedule as stated in this option.
SPI = EV / PV = $50,000 / $40,000 = 1.25 - note the question states 1.20 but the correct computed result is 1.25. D remains the only valid answer because it is the only option pairing an SPI greater than 1.0 with 'ahead of schedule,' which is the correct interpretation when earned value exceeds planned value.
Concept tested: Earned Value Management SPI calculation and interpretation
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