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PMI Exam PMI-SP Topic 1 Question 72 Discussion

Actual exam question for PMI's PMI-SP exam
Question #: 72
Topic #: 1
[All PMI-SP Questions]

You are the project manager of the NHA Project. This project is expected to last one year with quarterly milestones throughout the year. Your project is supposed to be at the third milestone today, but you are likely to be only 60 percent complete. Your project has a BAC of $745,000 and you have spent $440,000 of the budget-to-date. What is your cost variance for this project?

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Suggested Answer: A

The float for Activity I is three days. The early start for Activity I is Day 17 and the late start for

Activity I is Day 20. Therefore, the difference of

the early start and the late start reveals the float as three days. It is possible, and acceptable, to use

the difference of the early finish and the late finish to find the float, as the value will be the same

amount. Answer options B, D, and C are incorrect. These are not the valid calculation for the total

float.


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Lawrence
2 days ago
I think the answer is B) $-111,750.
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