PMP Exam Prep Question of the Week

If PV = $10,000, EV = $9,000, and AC = $9,000, what is the current status of the project?

  1. On schedule
  2. On budget
  3. Behind schedule but on budget
  4. Insufficient information to evaluate

The correct answer is 3.

CV = 0, which means that the project is on budget. SV = EV – PV, which is $9,000 – $10,000 = -$l,000, indicates that the project is behind schedule. We are not on budget; Stating “on budget” tells only half of the status; and Insufficient information is incorrect because there is sufficient information to determine status.

Related Resources
PMP Mobile App

Related Courses
Guided PMP Exam Prep
PMP Exam Prep Boot Camp
PMP Renewal Program

In this article

Join the Conversation