Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.
Which of the following are the most commonly used performance measures for evaluating whether or not work is being accomplished as planned at any given point of time?
A. PV & AC
B. CV & SV
C. SPI, EV & AC
D. AC, EV & PV
HINT: Performance is usually measured in terms of variance from planned values.
All our questions are updated to the latest
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at
www.pm-prepcast.com/freesimulator
and try the PMP® Exam Simulator free for 3 days. We also offer 110 free questions at
www.free-pm-exam-questions.com
. We are a Project Management Institute (PMI)® Registered Education Provider.
Answer and Explanation:
The correct answer is B.
Performance is usually measured in terms of variance from planned values. CV (Cost Variance) and SV (Schedule Variance) are two most commonly used performance indicators.