header bg

Scan QR code or get instant email to install app


During a status meeting, the project manager apprised the team that the project has spent a total of $7,500 to date and that the earned value is $5,000. How is the project currently carrying out?

A Over planned cost

To calculate the project’s performance using the information provided, you can use the cost performance index (CPI) earned value calculation. The formula for calculating CPI is CPI = EV ÷ AC. Plug in the values to calculate the following:
$5,000 ÷ $7,500 = $0.67.
A CPI of less than 1 means that the project is performing over budget.

Related Information



4 years ago

I’m not sure how this app is accurate, simple & effective along with FREE? But I’m so grateful. Getting professional qualifications can be so expensive & daunting to tackle. This test taking, review-type app has been so extremely helpful. The structure of the app is so intuitive. It definitely helps with giving you an understanding of why something is wrong / right & making sure it sticks. Absolutely love it & I'm so grateful.


3 years ago

This app has been a great help, It gives perspective with the answers and that helps you prepare ... thanks for sharing it.


3 years ago

This app helped me pass my PMP today. The questions are not exactly as they are on the test but they help you with gaining the knowledge you need to pass the test! And it is free! I would recommend this to anyone studying for the PMP.

Leave a Reply

Your email address will not be published. Required fields are marked *