PMIPMI
PMI-RMP · Question #27
PMI-RMP Question #27: Real Exam Question with Answer & Explanation
The correct answer is A: 1.02. See the full explanation below for the reasoning.
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
Topics
#Earned Value Management (EVM)#Cost Performance Index (CPI)#Contingency Response#Performance Measurement
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