## Oliver 75 - 11th Question

sachin07
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Posts: 67
Joined: Tue Jul 28, 2015 5:47 pm

### SPI/CPI question

You found the following earned value analysis information for a project that was recently closed-out:

SPI = 0.7, CPI = 1.0

The project has been cancelled while it was executed. At that time the project was behind schedule and on budget.
The project's deliverables have all been finished. The project came in behind schedule but on budget.
The project's deliverables have all been finished. The project came in ahead of schedule but on budget.
The project's deliverables have all been finished. The project came in on schedule but over budget.

sachin07
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Joined: Tue Jul 28, 2015 5:47 pm

### Re: SPI/CPI question

I went with B but the correct answer given is "A" . That what i was wondering , how can we say that the project was cancelled. This is from Oliver 75 questions.

Any further view from other friends ?
bhuvanpanwar1983
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Joined: Tue Jun 30, 2015 2:24 pm

### Re: SPI/CPI question

you are right Ans A is the right choice.
sachin07
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Joined: Tue Jul 28, 2015 5:47 pm

### Re: SPI/CPI question

Thanks a lot for answer . Make sense.
coolpmp69
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Joined: Mon Nov 17, 2014 8:55 pm

### Re: SPI/CPI question

Sorry I misread the question.. correct answer is A -The project has been cancelled while it was executed. At that time the project was behind schedule and on budget.
Mohammed
Posts: 19
Joined: Tue Sep 02, 2014 7:55 am

### Re: SPI/CPI question

this mean ???

if ...... SPI=1

deliverables are complete....

Can any body Explain ?
coolpmp69
Contributor
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Joined: Mon Nov 17, 2014 8:55 pm

### Re: SPI/CPI question

"The schedule performance index (SPI) is a measure of schedule efficiency expressed as the ratio of earned value to planned value. It measures how efficiently the project team is using its time. An SPI value less than 1.0 indicates less work was completed than was planned. An SPI greater than 1.0 indicates that more work was completed than was planned." (PMBOK 219)

SPI=1 implies that your project is on time
suhail1097@gmail.com
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### Oliver 75 - 11th Question

You found the following earned value analysis information for a project that was recently closed-out:

SPI = 0.7, CPI = 1.0

and its answer is " The project has been cancelled while it was executed. At that time the project was behind schedule and on budget."

How we came to project was cancelled in place of finished or closed

pls assist

thanks,
Suhail
saket
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### Re: Oliver 75 question

Explore our online PMP Program , it makes PMP Easy http://goo.gl/ZmD3xF

jyotimayank
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Posts: 516
Joined: Mon Mar 09, 2015 6:01 am

### Re: Oliver 75 - 11th Question

The correct answer is option A.
The Scheduled Performance Index (SPI) is a measure of schedule efficiency expressed as the ratio of earned value to planned value. SPI= EV/PV
The Cost Performance Index (CPI) is a measure of cost efficiency expressed as the ratio of earned value to actual cost. CPI= EV/AC

Refer to Page 219 0f PMBOK® Guide 5th Edition

For more insight of this topic refer to the following blog

http://www.izenbridge.com/blog/how-to-c ... pi-trends/
Jyoti Gupta
PMP Mentor & Coach

iZenbridge Consultancy Pvt Ltd
komal
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Joined: Wed May 31, 2017 4:34 pm

### Re: Oliver 75 - 11th Question

Still could not understand how recently closed-out meant by Cancelled of project.
Prembalaji
Participant
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Joined: Wed May 10, 2017 1:38 pm

### Re: Oliver 75 - 11th Question

Keyword is "CLOSED-OUT"
Dictonary meaning is Terminated / In-adequet / Exhausted

Hope this info helps
Cheers,
PJ