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What is this limit technically called?

Holly is the project manager for her organization. In her project, she has worked with the project
team to define when the project team will be utilized in the project, the duration of the project
activities, and the sequence in which the project work must be completed. During several phases
of her project, the project team will need to work more than fifty hours per week. The project team
members have agreed this is necessary and they’re willing to do the work to complete the project.
Management, however, has not approved Holly’s schedule based on the overtime the scheduling
will require. They have set a limit on the project schedule of 45 hours per week. What is this limit
technically called? Each correct answer represents a complete solution. Choose all that apply.

What value do you report?

You are the project manager of a project that has a budget of $675,000 and you have completed
40 percent of the project work. Your project is supposed to be 60 percent complete but you are
actually only 40 percent complete. Due to some errors, however, you have actually spent
$335,000 of the budget. Management wants to know what the project’s cost performance index
(CPI) is. What value do you report?


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