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Your program has a budget at completion of $1,550,000 and is expected to last one year.
Currently your program is 45 percent complete and has spent $725,000. According to the program schedule you are actually to be fifty percent complete by this time, but due to some vendor delays your program is running just a bit late. Based on this information which is performing worse, the cost or schedule?
Suggested Answer: A
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30 comments · newest first
TU
Tu
7 months ago
Yeah, SV of -$27,500 shows we're behind.
GE
Georgeanna
7 months ago
I feel like the schedule impacts everything more.
CA
Carissa
7 months ago
But the cost is also concerning. EAC is high.
BO
Bok
7 months ago
Agreed, SPI of .90 shows delays.
MO
Mose
7 months ago
I think the schedule is worse. SPI is low.
KR
Krissy
8 months ago
Definitely feels like the schedule is the bigger issue here.
HA
Haydee
8 months ago
Wait, how can both be bad? That seems off.
LA
Lashunda
8 months ago
Haha, this question is a real budget buster! Gotta love those vendor delays.
HU
Hubert
9 months ago
A) The schedule is performing worse because the SPI is .90. Sounds like a classic case of "running late and over budget."
RO
Roxane
9 months ago
B) The cost is performing worse because the EAC is $1,611,111. Looks like someone's been cooking the books!
RE
Renea
9 months ago
D) The cost is performing worse because the CPI is .96.
SU
Sueann
9 months ago
C) The schedule is performing worse because the SV is -$27,500.
PA
Paz
9 months ago
I recall that a CPI below 1 means cost overruns, so D might be the answer, but I'm not completely confident.
SH
Shanda
9 months ago
I practiced a question like this where negative SV indicated schedule delays, so I wonder if C could be right too.
LA
Lavonda
10 months ago
I'm not entirely sure, but I feel like the EAC being higher than the budget suggests cost problems, which might point to B being the answer.
AR
Aretha
10 months ago
I think I remember that the SPI being below 1 indicates schedule issues, so maybe A is correct?
CA
Casandra
10 months ago
Okay, I think I see it now. The SPI of .90 and the SV of -$27,500 both point to the schedule being the main problem, not the cost.
MA
Maira
10 months ago
I've got this! The SV is -$27,500, which means the schedule is performing worse. And the CPI of .96 indicates the cost is also not great, but the schedule is the bigger issue here.
KE
Kerry
10 months ago
I'm a bit confused on how to calculate the EAC. Is that the key to determining if the cost or schedule is performing worse?
NO
Norah
10 months ago
CPI of .96 means cost is slipping as well.
GO
Goldie
11 months ago
But the EAC shows we're over budget too!
LA
Lashanda
11 months ago
The SPI is .90, so yeah, schedule is lagging.
TR
Tresa
11 months ago
True, but CPI of .96 indicates cost issues too.
RO
Rolf
11 months ago
Okay, let me think this through step-by-step. The budget at completion is $1,550,000 and we've spent $725,000 so far, which is 45% complete. But we should be 50% complete by now, so the schedule is lagging.
MY
My
12 months ago
Hmm, this looks like a tricky one. I'll need to carefully calculate the SPI and CPI to determine which is performing worse.
MA
Mary
6 months ago
But the EAC suggests we might overspend. It's close!
YO
Yolando
6 months ago
I agree, the schedule is lagging more than the cost.
LA
Lai
6 months ago
True, but the negative SV shows the schedule is worse.
MI
Ming
7 months ago
Yeah, but the cost isn't great either. CPI is under 1.
AN
Annita
11 months ago
I think the schedule is definitely behind. SPI is low.