The earned value for this project is 20 percent complete. The formula is EV= % complete X BA3. 1 is incorrect. The EV is not a negative number as it is twenty percent complete. 3 is incorrect. $100,000 is the planned value amount. 4 is incorrect. There is enough information to calculate the formula.

The planned value is the amount the project should have spent to reach this point in the schedule. Because the project is schedule to last one year with the work completed in part each month, month three represents 25 percent of the project, or $100,000. 1 is incorrect. $20,000 is not the planned value. 2 is incorrect. $35,000 is the actual costs. 3 is incorrect. $80,000 is the earned value

The Cost Performance Index is calculated by dividing the Earned Value by the Actual Costs. In this instance, the formula is CPI=100,000/125,000. This results in .80. 1 is incorrect. The CPI is .80, not 80. 2 is incorrect. This is an incorrect value. 3 is incorrect. The CPI is not a dollar amount, so this value is incorrect.

The Schedule Performance Index (SPI) is calculated by dividing the Earned Value by the Planned Value. In this instance the formula is $100,000/150,000=.67. 1 is incorrect. This is the value of Cost Performance Index. 3 is incorrect. The SPI is not a dollar amount. 4 is incorrect. The SPI is not a dollar amount.

Schedule Performance Index of .80 means the project is behind schedule. The closer to “1” the SPI is the better the project. 2 is incorrect. An SPI of .80 means the project is behind schedule, not ahead. 3 is incorrect. While the project likely will result in being over budget due to the labor demands to complete the project, the SPI deals with the project schedule. 4 is incorrect. AN SPI does not reflect the percent complete of the project.

A project with a CPI of .98 has to spend one dollar for every 98 cents worth of work it receives. 1 is incorrect. There is no evidence the project is late. 2 is incorrect. The project is actually losing money with this CPI, not making it. 4 is incorrect. A CPI of .98 does not mean the project is 98 percent complete.

The project with a CPI of .89 is not doing too well. For every dollar the project spends it loses eleven cents. 1 is incorrect. The project is not performing well. 3 is incorrect. The project will likely finish over budget. 4 is incorrect. The probably won’t be in alignment with the cost baseline.

The stakeholder management plan is an input to management stakeholder engagements. This plan defines the needed levels of interactions of the project stakeholders. 1 is incorrect. The project charter authorizes the project and the project manager, but it doesn’t define the interactions among the project stakeholders. 2 is incorrect. The stakeholder registry defines the project stakeholders, their communication preferences, and project concerns. 4 is incorrect. The stakeholder management plan is part of the project’s management plan, but this isn’t the best answer for the question as the stakeholder management plan is most specific.

When an issue has been resolved Harry should update the issue log to reflect the status of the issue as resolved. 1 is incorrect. The issue log should not be deleted as it will become part of organizational process assets. 2 is incorrect because the issue should be marked as resolved, not deleted. 3 is incorrect because the issue log is separate from the risk register.

Because the risk management plan is not an input to the control stakeholder engagement process. There are four inputs to this process: project management plan, issue logs, project documents, and work performance data. 1 is incorrect because the project management plan is an input to the control stakeholder engagement process. 2 is incorrect. The issue log is an input to the control stakeholder engagement process. 3 is incorrect. Work performance data is an input to the control stakeholder engagement process.