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Project Cost Management Mock Test

Posted: Sun Oct 01, 2017 3:32 am
by komal
Chris is the project manager of a software development project. The project is planned to be end up costing $120,000. Chris can foresee that his project is not going to finish under planned budget. 60% of project work has been completed after spending $80,000. Chris knows that whatever he does, the CPI of the project cannot be better than 1. Which of the following best describes the current state of the Chris’s project?

Project will be under budget

Project will be over budget

Project is as per plan

Information is insufficient to conclude anything

Could not understand, why wee need to calculate TCPI here. Please explain.