Crucial Exams

Project Management Professional Practice Question

A project manager is leading a $500,000 project scheduled to last 10 months with work distributed evenly. At the end of month 3, the team reports that 25% of the work is actually complete, at a cost of $160,000. When preparing the monthly performance report, how should the project manager describe the project's status?

  • The project is ahead of schedule and under budget.

  • The project is ahead of schedule but over budget.

  • The project is behind schedule and over budget.

  • The project is behind schedule but under budget.

Project Management Professional
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