PMI Scheduling Professional test

5:00

Stop

PMI-SP - Reporting Schedule Status to Stakeholders - Earned Value Management (EVM) Metrics in Schedule Reporting

Expert

1/5

In a project using EVM metrics, what is the most accurate interpretation when the Schedule Performance Index (SPI) = 0.88, Cost Variance (CV) = -$15,000, and Schedule Variance (SV) = -$20,000 at the 50% completion point?

The project demonstrates better schedule performance than cost performance, despite both metrics showing negative trends

The project is behind schedule and over budget, with schedule delays having a greater negative impact than cost overruns

The negative variances indicate equal performance issues in both schedule and cost domains, requiring uniform corrective actions

The project is experiencing moderate schedule delays but has maintained optimal cost efficiency through effective resource utilization and performance optimization