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GIAC Exam GCPM Topic 5 Question 61 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 61
Topic #: 5
[All GCPM Questions]

You work as a project manager for company Inc. You are working on a project that has a budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost performance index. Which of the following values will you report?

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Suggested Answer: D

by Dyan at Nov 17, 2024, 04:02 PM

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Ma
11 days ago
I'm going with C. The math just seems to work out better for that option, and I don't want to overthink this. Besides, who doesn't love a good 0.86 every now and then, am I right?
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Stanford
20 days ago
Hmm, let's see... I think the correct answer is B. The project has spent $430,000 out of a $805,000 budget, and it's 45% complete. So the cost performance index should be 0.80, which is option B.
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Herman
2 days ago
I agree, the cost performance index should be 0.80.
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Tayna
6 days ago
I believe the correct answer is B) 0.80.
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Chauncey
21 days ago
I agree with Nan, 0.87 makes more sense since we are ahead of schedule in terms of project completion.
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Nan
24 days ago
I disagree, I believe it will be 0.87 because we have completed 45 percent of the project work.
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Denny
26 days ago
I think the cost performance index will be 0.86.
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