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Question 316 - PgMP discussion

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After taking over a program, a program manager reviews the program's status and discovers that stakeholders do not know how the program is performing in relation to schedule and costs. The program manager establishes earned value (EV) metrics and determines that the program has a budget of US$2.1 million, is three months into a nine-month timeline, and the planned value (PV) at the three-month point should be US$320,000. The program has spent US$350,000 and the EV is US$340,000.

Based on this information, the program manager determines which of the following?

A.
The schedule is US$30,000 under budget
Answers
A.
The schedule is US$30,000 under budget
B.
The cost is US$20,000 under budget
Answers
B.
The cost is US$20,000 under budget
C.
The schedule is US$10,000 over budget
Answers
C.
The schedule is US$10,000 over budget
D.
The cost is US$20,000 over budget
Answers
D.
The cost is US$20,000 over budget
Suggested answer: D
asked 23/09/2024
Emmanuel Aminu
35 questions
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