Question 1

You are the CEO receiving a report for a crucial, high visibility project, The Omega Project. Your PM reports that Omega's schedule performance index (SPI) is sitting at 1.28 and cost performance index (CPI) at 0.88. What would you say describes Omega's status?

Accepted Answer

A) Omega is ahead of schedule and within its budget 
B) Omega is behind schedule and within its budget 
C) Omega is well ahead of schedule, but over-budget 
D) Omega is right on schedule, but it is running over-budget. 
E) Omega is behind schedule and over-budget

Question 2

Which of the following is common problem in project management that is a typical result of unrealistic time estimates by the project manager?

Accepted Answer

A) Fast tracking 
B) Critical chain 
C) Schedule compression 
D) Employee changes 
E) Crashing

Exam 2: Project Management: Cost, Framework, Responsibility, Scope, and Time

You are the CEO receiving a report for a crucial, high visibility project, The Omega Project. Your PM reports that Omega's schedule performance index (SPI) is sitting at 1.28 and cost performance index (CPI) at 0.88. What would you say describes Omega's status?

Which of the following is common problem in project management that is a typical result of unrealistic time estimates by the project manager?