Knowledge Check: Monitoring & Closing

Test your mastery of performance metrics, change control, and the final handoff in the 2026 PMP context.

Chapter 9: Monitoring & Closing

Question 1 of 5

20%

A project reports a CPI of 0.95 and an SPI of 1.05. What is the status of the project?

A. Over Budget and Ahead of Schedule

B. Under Budget and Ahead of Schedule

C. Over Budget and Behind Schedule

D. Under Budget and Behind Schedule

EVM Cheatsheet

Metric	Formula	Good Outcome
CPI (Cost Efficiency)	$EV / AC$	$> 1.0$
SPI (Schedule Efficiency)	$EV / PV$	$> 1.0$
CV (Cost Variance)	$EV - AC$	Positive
SV (Schedule Variance)	$EV - PV$	Positive

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📝 Exam Insight: If you see a question about a "claim" or "dispute" with a vendor, you CANNOT close the project until that claim is resolved (Procurement Closure). Detailed closure often involves legal or financial settlement.