Program Management Professional (PgMP) — Question 77

You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent $789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, how many pennies is the program losing per dollar invested in the program work?

Answer options

• A. 17
• B. 11
• C. 15
• D. 14

Correct answer: B

Explanation

The correct answer is 11 pennies lost per dollar invested, as calculated by comparing the earned value to the actual costs. The program's performance indicates that it is underperforming relative to its budget and schedule, resulting in a loss. The other options do not accurately reflect the calculated loss based on the given figures.