AACE International CCP Exam With Confidence Using Practice Dumps

TheSchedule Performance Index (SPI)is a key metric in Earned Value Management that measures how efficiently time is being used on a project.

Key Points:

SPI Calculation:

SPI = BCWP / BCWS

BCWP (Budgeted Cost of Work Performed) = $105,000

BCWS (Budgeted Cost of Work Scheduled) = $100,000

SPI = 105,000 / 100,000 = 1.05

Interpreting SPI:

An SPI greater than 1 indicates the project is ahead of schedule.

Conclusion:The correct answer isC. BCWP/BCWS = 105,000/100,000 = 1.05because this accurately reflects the schedule performance index for the project.

Given Scenario:

The question asks which of the following is not included in income tax calculations.

Income tax calculations typically include annual income, annual expenditures, and depreciation. The initial cost of investment is not directly included in income tax calculations but is used for calculating depreciation.

To improve the quality of a cost/capacity factor estimate, it is crucial to validate the capacity factor from similar, recently completed projects. This approach ensures that the estimate is based on real-world data and reflects current conditions and practices. Other factors, such as labor productivity, labor rates, and equipment costs, are also important but validating the capacity factor directly addresses the specific nature of the estimate being discussed. Therefore, the correct answer isA. Validate the capacity factor from similar, recently completed projects.