Project Management Professional (PMP) — Question 1074

A project manager is in the middle of an agile project comprised of 100 user stories broken down into five iterations. Each user story is worth US$50. The actual expenditure is US$2,000 and 50 user stories have been delivered.

Which statement is true?

Answer options

• A. The project is under budget and on schedule.
• B. The project is over budget and behind schedule.
• C. The project is under budget and behind schedule.
• D. The project is on budget and on schedule.

Correct answer: A

Explanation

The project is under budget since the total value of 50 delivered user stories is US$2,500 (50 x US$50), while the actual expenditure is US$2,000. Additionally, with 50 out of 100 user stories delivered, the project is on schedule, having completed half of the work within the first half of the iterations.