PMI-SP Earned Value 4

Question 1

A control account manager reviews a work package with SPI = 0.75. What corrective action is most appropriate?

Accepted Answer

Accelerate work or add resources to recover schedule

Answer

SPI = 0.75 means only 75% of planned work is being completed on time, so adding resources or fast-tracking activities is needed.

Question 2

Which EVM method assigns 100% of the budget to an activity only when it is fully complete?

Accepted Answer

0/100 rule

Answer

The 0/100 rule credits no earned value until the activity is 100% complete, making it suitable for short-duration tasks.

Question 3

A project uses the 50/50 earning rule. A $20,000 activity has started but not yet finished. How much EV is credited?

Accepted Answer

$10,000

Answer

The 50/50 rule credits 50% of the budget when work starts and 50% when it completes, so $10,000 is earned at start.

Question 4

A PMI-SP exam candidate calculates TCPI against EAC instead of BAC. What scenario makes this appropriate?

Accepted Answer

When the original budget is no longer achievable and a new EAC has been approved

Answer

TCPI based on EAC is used when the original BAC is deemed unrealistic and a revised budget (EAC) has been authorized.

Question 5

Which of the following scenarios results in a positive Schedule Variance (SV)?

Accepted Answer

EV > PV

Answer

SV = EV - PV; when EV exceeds PV, more work has been accomplished than planned, yielding a positive (favorable) variance.

(PMI-SP) PMI Scheduling Professional Practice Test