Question 1

A project has the following earned value data at the end of month 8:

- Planned Value (PV): $400,000
- Earned Value (EV): $350,000
- Actual Cost (AC): $380,000

What is the Schedule Performance Index (SPI)? (Round to two decimal places, enter numbers only)

Accepted Answer

Calculate SPI using the formula: SPI = EV / PV. SPI = $350,000 / $400,000 = 0.875, which rounds to 0.88.

Question 2

What mistakes do candidates make on this PMP question?

Accepted Answer

Using the wrong formula (confusing with CPI), calculation errors, or incorrect rounding.

A project has the following earned value data at the end of month 8:<br/><br/>- Planned Value (PV): $400,000<br/>- Earned Value (EV): $350,000<br/>- Actual Cost (AC): $380,000<br/><br/>What is the Schedule Performance Index (SPI)? (Round to two decimal places, enter numbers only)

How to approach this question

Full Answer

Common mistakes

Practice the full PMI PMP Practice Exam 2

More questions from this exam