Barring a Change in Project Scope and Given a Cost

question 50

Multiple Choice

Barring a change in project scope and given a Cost Performance Index (CPI) that is less than 1, the most reasonable inference to draw is that:

• A) The project will likely finish earlier than planned.
• B) The project will likely finish later than planned.
• C) The project will likely cost more than planned.
• D) The project will likely cost less than planned.
• E) The project will likely be on time and on budget.

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Definitions:

Federal Budget Deficits

The financial situation where the U.S. government's expenditures exceed its revenues within a fiscal year.

National Debt

The total amount of money that a country's government has borrowed by issuing securities, mostly through the sale of bonds.

Interest Rates

The cost of borrowing money, often expressed as a percentage of the amount borrowed.

National Debt

The complete figure representing the debt a national government holds from borrowing, which is still outstanding.