A project manager is creating the monthly report for top management. The project manager has collected the information below: AC = 100 - PV = 80 - EV = 120 - Based on this information, the CPI reflects which of the following about the project? 

Answer options:

A. It is under budget.
B. It is over budget.
C. It is ahead of schedule.
D. It is behind schedule.

A

Explanation - The cost performance index (CPI) is calculated this way: CPI = EV / AC Excerpt From: Kim Heldman. CompTIA Project+ Study Guide. iBooks.