is the schedule behind and over budget
is it over scheduled and over budget
it is under scheduled and under budget
or its on schedule and on budget
Based on the given info
EV= 0.40 *950,000 = 380,000
CPI= EV/AC= 350,000/380,000 = 0.92 <1
SPI= EV/PV= 350,000/950, 000=0.40 <1 ("The total planned value for the project is also known as budget at completion (BAC) "- PMBOK page 218)
So the answer "is the schedule behind and over budget"
I think by mistake you reversed the value of EV/AC
CPI= EV/AC= 380K/350K.....>1...Project is under budget.
Now the planning value cannot be 950 k as the project is 3 months old ....total duration not given.
There is only one option that says project is " under budget" so that should be the answer...
Option C---project is under schedule and under budget
Thanks Cool bro..
whats your name?
so SPI= EV/PV= 380k/316.6 k....>1
So CPI and SPI >1
The options posted do not have the correct answer.
The answer should be " project is under budget and ahead of schedule"
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