GAQM PPM Practice Questions - GAQM Professional in Project Management (PPM) Exam - GAQM PPM Practice Questions - GAQM Professional in Project Management (PPM) Exam

Question 1

A project has a Budget at Completion (BAC) of $200,000, Earned Value (EV) of $80,000, and Actual Cost (AC) of $100,000. What is the Cost Performance Index (CPI)?

0.80 1.25 1.20 0.50

Correct Answer:

0.80

Question 2

For the same project (BAC $200,000, EV $80,000, AC $100,000, Planned Value $90,000), what is the Schedule Performance Index (SPI)?

0.89 1.13 0.80 1.25

Correct Answer:

0.89

Question 3

Using the typical Estimate at Completion (EAC) formula EAC = BAC / CPI, what is EAC for a project with BAC = $500,000 and CPI = 0.80?

$$625,000 $$400,000 $$500,000 $$550,000

Correct Answer:

$$625,000

Question 4

A project has BAC = $400,000, AC = $150,000, and EV = $120,000. Management believes the cost overrun was a one-time event and future work will perform as planned. Which EAC formula and result is correct?

EAC = AC + (BAC − EV) = $430,000 EAC = BAC / CPI = $500,000 EAC = AC + ((BAC − EV)/(CPI × SPI)) EAC = BAC − EV = $280,000

Correct Answer:

EAC = AC + (BAC − EV) = $430,000

Question 5

A project has BAC = $1,000,000, EV = $400,000, AC = $500,000, PV = $450,000. Both cost and schedule trends are expected to continue. Which EAC formula applies and what is the result (rounded)?

EAC = AC + ((BAC − EV) / (CPI × SPI)) ≈ $1,344,000 EAC = BAC / CPI = $1,250,000 EAC = AC + (BAC − EV) = $1,100,000 EAC = BAC − EV = $600,000

Correct Answer:

EAC = AC + ((BAC − EV) / (CPI × SPI)) ≈ $1,344,000

Question 1

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About this Exam

Prepare with the GAQM PPM Practice Questions - GAQM Professional in Project Management (PPM) Exam practice quiz. This question bank includes 100 questions covering project, cost, risk, contract, and value. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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GAQM PPM Practice Questions - GAQM Professional in Project Management (PPM) Exam

This practice set contains 100 questions from the matching question bank and focuses on project, cost, risk, contract, and value. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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GAQM PPM Practice Questions - GAQM Professional in Project Management (PPM) Exam

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