I got this question on Google Group for PMP:
Qs. A project was assessed and the following Earned value data have been found: PV: $750,000 EV: $750,000 AC: $900,000 What is the Burn rate of the project?
A. 1.20
B. 1.10
C. 1.00
D. 0.83
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- PMBC4010
I didn't find any reference to Burn Rate in the PM Promula Guide which I purchased some time ago.
It was mentioned that Burn Rate is the reverse of CPI. Could you please update the formula guide to include such terms.
Also, after reading the Formula Study Guide PDF, in page 2 it mentiones that CPI is EV / AC, then in page 8 it is AC / EV.
Please clarify this matter.
Tarek.