Use the Earned Value Table to Determine the Cost Performance

question 58

Multiple Choice

Use the earned value table to determine the cost performance index given the indicated state of the project.

• A) 0.89
• B) 0.92
• C) 1.09
• D) 1.13

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Definitions:

Operational Demand Estimates

Predictions about the future requirements for operations in terms of resources, time, and labor.

HR Budgets

Financial plans that outline the expected costs related to the management and development of human resources within an organization, including recruitment, training, salaries, and benefits.

HR Demand Requirement

The specific need or quantity of human resources that an organization requires to meet its objectives.

Short-Run Time Periods

A duration in which at least one input (like capital) in the production process is fixed, and only some costs can be varied.