New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

PMI-SP Exam - Topic 5 Question 75 Discussion

Actual exam question for PMI's PMI-SP exam
Question #: 75
Topic #: 5
[All PMI-SP Questions]

You are the project manager of a project that has a budget of $875,000 and you have completed 40 percent of the project work. Due to some errors, however, you have actually spent $425,000 of the budget. Management wants to know what the project's cost performance index is. What value do you report?

Show Suggested Answer Hide Answer
Suggested Answer: D

Beth, the project manager, is responsible for communication with all stakeholders. According to the

PMBOK, the project manager occupies the

center of the interactions between stakeholders and the project itself.

Answer option B is incorrect. Sarah may help with the communications, but she is not responsible

for the communications.

Answer option A is incorrect. Thomas, the project sponsor, just needs to be kept abreast of the

information.

Answer option C is incorrect. The project team leaders for the virtual sites are not responsible for

communicating with the project

stakeholders.


Contribute your Thoughts:

0/2000 characters
Lisha
3 months ago
Totally agree, CPI calculations can be tricky!
upvoted 0 times
...
Elinore
3 months ago
Wait, how can it be negative? That doesn't add up!
upvoted 0 times
...
Vincenza
3 months ago
CPI is .82, right?
upvoted 0 times
...
Denise
4 months ago
Spent $425,000 already, that's a lot!
upvoted 0 times
...
Florinda
4 months ago
The budget is $875,000 and 40% work done.
upvoted 0 times
...
Dewitt
4 months ago
I feel like I might be overthinking this. If we've completed 40% of the work, does that mean we should just focus on the budget spent so far?
upvoted 0 times
...
Cecil
4 months ago
This question seems similar to one we practiced where we had to find the CPI. I believe it was around .82, but I might be mixing it up.
upvoted 0 times
...
Loreen
4 months ago
I think the CPI is calculated by dividing earned value by actual cost, but I can't recall the exact numbers we need to use here.
upvoted 0 times
...
Destiny
5 months ago
I remember we calculated the cost performance index in class, but I'm not sure if I have the formula right.
upvoted 0 times
...
Evelynn
5 months ago
No problem, I've got this. The CPI will tell us how efficiently we're using our resources compared to the planned budget. I just need to do the math carefully.
upvoted 0 times
...
Tennie
5 months ago
Hmm, I'm a little unsure about this one. I know the CPI formula, but I'm not confident I'm interpreting the information correctly. I'll have to double-check my work.
upvoted 0 times
...
Helga
5 months ago
Alright, time to put my project management skills to the test. I just need to plug the numbers into the CPI formula and see what the result is.
upvoted 0 times
...
Krissy
5 months ago
Okay, let me think this through step-by-step. We have a $875,000 budget and 40% of the work is complete. The actual cost so far is $425,000. I think I can use that information to calculate the CPI.
upvoted 0 times
...
Andree
5 months ago
Hmm, this looks like a classic cost performance index (CPI) calculation. I'll need to use the formula CPI = Earned Value / Actual Cost to figure this out.
upvoted 0 times
...
Erasmo
5 months ago
This is a tricky one. I'm not super familiar with the ENISA research on lock-in, so I'm not sure which of these options is the correct answer. I'll have to make an educated guess and hope for the best.
upvoted 0 times
...
Mignon
5 months ago
This looks like a straightforward question about CD-ROM filesystem standards. I'm pretty confident I know the answer to this one.
upvoted 0 times
...
Hyun
10 months ago
Wait, wait, wait... did the question say the project budget is $875,000 and they've spent $425,000? That sounds like a recipe for disaster! I'll go with C. .82.
upvoted 0 times
Annita
8 months ago
D) -$187,500
upvoted 0 times
...
Coral
9 months ago
C) .82
upvoted 0 times
...
Lacey
9 months ago
C) .82
upvoted 0 times
...
Tarra
9 months ago
B) $350,000
upvoted 0 times
...
Nohemi
9 months ago
B) $350,000
upvoted 0 times
...
Magdalene
9 months ago
A) -$75,000
upvoted 0 times
...
Leonor
10 months ago
A) -$75,000
upvoted 0 times
...
...
Kate
10 months ago
Haha, I bet the project manager is wishing they had a time machine to go back and fix those errors! Anyway, I'm going with D. -$187,500.
upvoted 0 times
...
Verona
10 months ago
Ugh, I'm not sure about this one. Too many numbers to keep track of. Maybe I should have paid more attention in my project management class.
upvoted 0 times
Robt
9 months ago
C) .82
upvoted 0 times
...
Marquetta
10 months ago
A) -$75,000
upvoted 0 times
...
...
Erinn
10 months ago
I would go with C) .82 as well, it shows that we are not performing as well as we should be
upvoted 0 times
...
William
11 months ago
Hmm, I think the answer is C. .82. That's the cost performance index, which is the ratio of the budgeted cost of work performed to the actual cost of work performed. Simple enough!
upvoted 0 times
...
Nadine
11 months ago
I agree with Sophia, .82 makes sense because we are behind schedule and over budget
upvoted 0 times
...
Sophia
11 months ago
I think the cost performance index is C) .82
upvoted 0 times
...

Save Cancel