What is the best explanation for "an SPI of 0.80"?Multiple choice question.$1.00 of work has been accomplished for each $0.80 of work scheduled to date.$0.80 of work has been accomplished for each $1.00 of work scheduled to date.$0.80 has been spent for each $1.00 of work planned to be accomplished.

As the project manager you are reviewing the earned value analysis report performed by your team. The SPI is 0.87. What does this figure mean to you?Your project is running according to the budget.The project is getting 87 cents out of each dollar spent.You are ahead of schedule.The progress of your project is only 87% of what it is planned, so you are behind the schedule.

What is the meaning of an index of "=1.00" on SPI?Multiple choice question.Under costOn costOver costAhead of scheduleOn scheduleBehind schedule

SPI = 0.95,CPI = 0.95 Which of the following statements is true?2 MarksThe project will likely complete within timeThe project will likely be completed under budgetThe project manager should remove some scope from the projectThe project manager needs to improve schedule and cost performance

What is the best way to explain "a CPI of 0.70"?Multiple choice question.70% of the project's budget has been spent.$0.70 worth of planned work has been completed for each $1.00 actually spent.$0.70 has been spent for each $1.00 worth of work completed.

Task A is worth $200, is 100% complete and actually cost $200Task B is worth $75, is 90% complete and has actually cost $120 so far.Task C is worth $200, is 75% complete and has actually cost $175 so far. The totalbudget is $1000. What is the total Earned Value for the tasks listed?