Use the Earned Value Table to Determine the Schedule Performance

question 51

Multiple Choice

Use the earned value table to determine the schedule performance index given the indicated state of the project. $\begin{array}{|l|l|l|l|l|l|l|l|l|l|}\hline \text { Activity } & 5 & 10 & 15 & 20 & 25 & 30 & 35 & \text { Plan } & \% \text { Complete } \\\hline \text { A } & 850 & 350 & & & & & & 1,200 & 100 \% \\\hline \text { B } & & 400 & 125 & & & & & 525 & 100 \% \\\hline \text {C} & & & 1,275 & 650 & & & & 1,925 & 100 \% \\\hline \text {D} & & & & 2800 & 4,500 & 350 & & 7,650 & 95 \% \\\hline \text {E} & & & & & 680 & 400 & & 1,080 & 75 \% \\\hline \text {F} & & & & & & 125 & 875 & 1,000 & 80 \% \\\hline \text {G } & & & & & & 300 & 1200 & 1,500 & 45 \% \\\hline \text { Monthly Plan } & 850 & 750 & 1,400 & 3,450 & 5,180 & 1,175 & 2,075 & 14,880 & \\ \hline \text { Monthly Act } & 900 & 650 & 1,350 & 3,875&4,780 & 850 & 2,000 & & \\\hline\end{array}$

• A)0.89
• B)0.92
• C)1.09
• D)1.13

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Definitions:

Choice Set

The collection of options or alternatives from which a decision-maker is able to choose in a decision-making process.

Marginal Utility

The additional satisfaction or utility received by a consumer from consuming one more unit of a good or service.

Total Utility

The sum satisfaction or benefit a consumer receives from consuming a particular quantity of a good or service.

Homogeneous Products

Homogeneous products are products that are considered identical by consumers and are indistinguishable in terms of quality, appearance, and performance.