Practice Quiz

PMI PMP Project Management - Question List

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136. The CPI of project is .90, and the EV is $90,000. How much money has actually been spent on the project?
  1. $100,000
  2. $81,000
  3. $810,000
  4. $99,000
  5. $98,100
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137. The CPI of project is 1.2, and the actual cost is $100,000. What is the earned value calculation on the project?
  1. $120,000
  2. $83,333
  3. $90,000
  4. $220,000
  5. $103,450
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138. You are the CEO receiving a report for a crucial, high visibility project, The Omega Project. Your PM reports that Omega’s schedule performance index (SPI) is sitting at 1.28 and cost performance index (CPI) at 0.88. What would you say describes Omega’s status?
  1. Omega is ahead of schedule and within its budget
  2. Omega is behind schedule and within its budget
  3. Omega is well ahead of schedule, but over-budget
  4. Omega is right on schedule, but it is running over-budget.
  5. Omega is behind schedule and over-budget
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139. You are the CEO and your Project Gamma PM comes in and reports to you that Gamma has an EV of $100,000, PV of $80,000 and AC of $110,000. How would you BEST describe this project?
  1. Gamma is ahead of schedule and within its budget
  2. Gamma is behind schedule and within its budget
  3. Gamma is ahead of schedule, but over-budget
  4. Gamma is behind schedule and over-budget
  5. There isn’t enough information to determine project status.
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140. Based on a real scenario: Hayden the Handyguy wants $50 per hour plus the cost of wood, nails and beer to build some new shelves for Ted the Project Manager who is disappointed what he built fell off the wall. Hayden’s billing method is: (Select the two answers that apply).
  1. Cost plux fixed fee
  2. Time and material
  3. Fixed fee plus percentage of costs
  4. Variable cost
  5. Incentive based fee for performance
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