Are you studying for the PMP certification?
Skillset can help you prepare! Sign up for your free Skillset account and take the first steps towards your certification.
Skillset can help you prepare! Sign up for your free Skillset account and take the first steps towards your certification.
Nick has 3 projects, with the following conditions: Project 1 _ CPI=.95 & SPI =1.15 is inClosing Phase of Project, Project 2- CPI=1.05 & SPI=1.15 is in Execution phase of project, Project 3 _ CPI= 1.05 & SPI=1.0 is in Planning phase of project. Which of his projects, based on the CPI and SPI parameters alone has best position on schedule and cost?
None of the Projects
Project 3
Project 2
Project 1
Let's first look at the definition of Schedule Performance Index and Cost Performance Index; A value >1 shows ahead of planned schedule and under planned cost, a value<1.0 is behind planned schedule and over budgeted cost, and a value=1.0 is on planned schedule and on planned cost. Project 2 has best schedule and cost CPI/SPI.
Study thousands of practice questions that organized by skills and ranked by difficulty.
Create a tailored training plan based on the knowledge you already possess.
Know when you’re ready for the high-stakes exam. Have the confidence that you will pass on your first attempt.