The following EVA information was generated for a project that was recently clos
ID: 1996668 • Letter: T
Question
The following EVA information was generated for a project that was recently closed-out: SPI = 0.8, CPI = 1.0. Which of the following statements about the project is true? The project was cancelled while it was being executed. At that time the project was ahead of schedule and on budget. The project's deliverables were finished. The project came in on schedule but over budget. The project's deliverables were finished. The project came in behind schedule but on budget. The project was cancelled while it was being executed. At that time the project was behind schedule and on budget. The project's deliverables were finished. The project came in ahead of schedule but on budget.Explanation / Answer
ANS
The project was cancelled while it was being executed. At that time the projects was behind schedule and on budget.
Because
SPI = Schedule Performance index
CPI = Cost Performance Index
Spi is 0.8 It mean project is not completed. It mean it is going on or cancelled. So here project is cancelled.(According to given option)
spi = 0.8, So project is behind sceduled
cpi = 1, so project is on budget