Use This Earned Schedule Table to Determine the Schedule Performance

question 29

Multiple Choice

Use this earned schedule table to determine the schedule performance index (t) for this project at the end of Month 6. $\begin{array}{|l|l|l|l|l|l|l|l} & \text { Month } 1 & \text { Month } 2 & \text { Month } 3 & \text { Month 4 } & \text { Month } 5 & \text { Month } 6 & \text { Month } 7 \\\hline \mathbb{P V}(\$) & \$ 125 & \$ 275 & \$ 500 & \$ 875 & \$ 1,485 & \$ 2,325 & \$ 2,670 \\\hline \text { EV (\$) } & \$ 50 & \$ 120 & \$ 255 & \$ 420 & \$ 715 & \$ 865 & \$ 0 \\\hline\end{array}$

• A) 0.71
• B) 0.54
• C) 0.38
• D) 0.21

---

Definitions:

Shadow Price

The monetary value assigned to currently unlriced goods or services, reflecting the cost of foregoing their benefits.

Linear Optimization

A mathematical method that finds the best outcome, such as maximum profit or lowest cost, within a defined set of constraints.

Equals Relationship

A mathematical or logical expression indicating that two quantities or expressions are the same in value or identity.

Inequality

A term that refers to the unequal distribution of resources, wealth, opportunities, and rights among members of a society or between societies.