nerdexam
PMI

PMI-RMP · Question #27

Pete works as a project manager for BlueWell Inc. The Management has told him that he must implement an agreed-upon contingency response if the cost performance index in his project is less than 0.90.

Sign in or unlock PMI-RMP to reveal the answer and full explanation for question #27. The question stem and answer options stay visible for context.

Risk Monitoring and Reporting

Question

Pete works as a project manager for BlueWell Inc. The Management has told him that he must implement an agreed-upon contingency response if the cost performance index in his project is less than 0.90. Consider that Pete's project has a budget at completion of $275,000. His project is 65 percent complete and he has spent $175,000 to date. However, Pete is scheduled to be 78 percent complete. What is the cost performance index for this project to determine if the contingency response should happen?

Options

  • A1.02
  • B0.96
  • C0.90
  • D0.89

Unlock PMI-RMP to see the answer

You've previewed enough free PMI-RMP questions. Unlock PMI-RMP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Topics

#Earned Value Management (EVM)#Cost Performance Index (CPI)#Contingency Response#Performance Measurement
Full PMI-RMP Practice