Use the Data to Calculate the Schedule Performance Index for the Project

question 14

Multiple Choice

Use the data to calculate the schedule performance index for the project for the end of week 20.The earned value as of the end of week 20 is indicated in the table.All amounts are in thousands of dollars. Duration (weeks)
$$\begin{array} { | l | l | l | l | l | l | l | } \hline & 5 & 10 & 15 & 20 & 25 & \%\mathrm { Cormp } \\\hline \text { Conceptual desiern } & 10 & 6 & & & & 100 \% \\\hline \text { Craphics desigrl } & & 12 & 6 & 4 & & 100 \% \\\hline \text { Copyright } & & & 4 & 5 & 6 & 60 \% \\\hline \text { Barmples } & & & 4 & 2 & & 100 \% \\\hline \text { Toolirg } & & & 6 & 9 & 4 & 50 \% \\\hline \text { Production } & & & 2 & 6 & 14 & 20 \% \\\hline \text { Total } & 10 & 18 & 22 & 26 & 24 & \\\hline \text { Currulative } & 10 & 28 & 50 & 76 & 100 & \\\hline\end{array}$$

• A)1.14
• B)0.88
• C)0.94
• D)0.81

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Definitions:

Monte Carlo

Monte Carlo methods are a broad class of computational algorithms that rely on repeated random sampling to obtain numerical results and estimate uncertain quantities.

Sample Space

The set of all possible outcomes of a statistical experiment.

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.

Simple Events

Events that consist of a single outcome or occurrence, making them one of the most basic types of probabilistic events.