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Holly is the project manager of the NDS project and she is 85 percent complete with her project though she should be 95 percent complete. Her project has a BAC of $9,850,400 and she has spent $8,011,221 to date. What is Holly's schedule performance index for this project?
The schedule performance index is found by dividing the earned value by the planned value. For
Holly's project, it would be as follows:
SPI = EV/PV
= (0.85*9,850,400)/(0.95*9,850,400)
=8,372,840/9,357,880
=0.89
Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in
trend analysis to predict future performance.
SPI is the ratio of earned value to planned value. The SPI is calculated based on the following
formula:
SPI = Earned Value (EV) / Planned Value (PV)
If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value
is less than 1, it shows poor
performance. The SPI value of 1 indicates that the project is right on target.
Answer option D is incorrect. Ten percent is not a valid calculation for this question.
Answer option B is incorrect. 0.98 is the cost performance index.
Answer option A is incorrect. 1.07 is the to-complete performance index based on the BAC.
You work as the project manager for Blue Well Inc. You are working with your project team to schedule the days the project work will take place. You have created a project network diagram as shown in the figure:

Based on this diagram, find out the earliest day on which Activity G can be started.
The earliest Activity G can start is Day 17. This is because activities A, D, C, and F must
all be completed before Activity G can start.
Answer option A is incorrect. Day 13 does not account for Activity F since Activity F is also a
predecessor to Activity G.
Answer option C is incorrect. Day 22 is the earliest Activity G can finish.
Answer option B is incorrect. Day 7 is not a valid answer.
In which of the following group decision making techniques does the largest block in a group decide the group decision even if a bulk is not achieved?
The various techniques of group decision making are as follows:
Unanimity: In this technique, everyone agrees on a single course of action.
Majority: In this technique, more than 50% of the members of the group support the decisions.
Plurality: In this technique, the largest block in a group decides even if a bulk is not achieved.
Dictatorship: In this technique, one individual makes the decision for the group.
Tom is the project manager of the GHQ Project for his organization. He is working on recovering the project schedule. As Tom examines his schedule he is especially aware of project activities with soft logic. What is soft logic?
Soft logic can be completed in any order without affecting the outcome of the deliverables.
Soft logic is also known as preferential logic, preferred logic, and discretionary dependency. It is
defined on the basis of knowledge of best practices and standard procedures for the particular
application area. Soft logic is defined by the project management team based on well-
known practices in a specific desired sequence.
Answer options A, D, and C are incorrect. These are not valid definitions of soft logic.
Fred is the project manager of the NHA project. This project has a BAC of $2,456,900 and is sixty percent complete. Fred has crashed the project, which has driven the project costs to date to $1,525,140, but his project is five percent more complete than what was planned. What is the cost variance for this project that Fred needs to report to management?
The cost variance for the project is -$51,000. You can find the cost variance by using the formula earned value minus planned value. In this instance, it is: CV = EV - AC = (0.60* 2,456,900) - 1,525,140 = -51,000 Answer option C is incorrect. -$85,000 is the project's variance at completion. Answer option A is incorrect. $122,845 is the project's schedule variance. Answer option D is incorrect. There is a cost variance on this project of -$51,000.
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