In a Project with a ??? of $235,000, the CPI

question 159

Multiple Choice

In a project with a ??? of $235,000, the CPI is 0.80, and the SPI is 1.20. Based on this information, which of the following can the key stakeholders determine about the project?

• A) The project is under budget and ahead of schedule.
• B) The project is over budget and ahead of schedule.
• C) The project is under budget and behind schedule.
• D) The project is over budget and behind schedule.

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Definitions:

Positively Skewed

Describes a distribution of data where the tail on the right side of the histogram is longer or fatter than the left side, indicating that the majority of the data points are clustered to the left.

Histogram

A graphical representation of data using bars of different heights to illustrate the distribution of variables within intervals.

Peakedness

A characteristic of a distribution's shape that describes the sharpness or flatness of its peak, often related to the concept of kurtosis.