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Oliver 75 - 11th Question

sachin07
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SPI/CPI question

Postby sachin07 Tue Aug 18, 2015 2:13 pm

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.

Please suggest.
sachin07
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Re: SPI/CPI question

Postby sachin07 Tue Aug 18, 2015 2:31 pm

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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Re: SPI/CPI question

Postby bhuvanpanwar1983 Tue Aug 18, 2015 3:13 pm

you are right Ans A is the right choice.
sachin07
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Re: SPI/CPI question

Postby sachin07 Tue Aug 18, 2015 3:23 pm

Thanks a lot for answer . Make sense.
coolpmp69
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Re: SPI/CPI question

Postby coolpmp69 Tue Aug 18, 2015 5:33 pm

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
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Re: SPI/CPI question

Postby Mohammed Wed Aug 19, 2015 4:28 am

this mean ???

if ...... SPI=1

deliverables are complete....

Can any body Explain ?
coolpmp69
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Re: SPI/CPI question

Postby coolpmp69 Wed Aug 19, 2015 1:06 pm

"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

Postby suhail1097@gmail.com Mon Oct 05, 2015 5:37 pm

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,
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saket
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Re: Oliver 75 question

Postby saket Tue Oct 06, 2015 3:23 am

May refer this thread to start with : viewtopic.php?f=31&t=3041
Explore our online PMP Program , it makes PMP Easy :-) http://goo.gl/ZmD3xF

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jyotimayank
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Re: Oliver 75 - 11th Question

Postby jyotimayank Thu Apr 14, 2016 7:29 am

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/
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komal
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Re: Oliver 75 - 11th Question

Postby komal Sat Sep 30, 2017 8:30 am

Still could not understand how recently closed-out meant by Cancelled of project.
Prembalaji
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Re: Oliver 75 - 11th Question

Postby Prembalaji Thu Nov 30, 2017 2:22 am

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

Hope this info helps
Cheers,
PJ

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