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?

You are the project manager of the GHE Project. You have identified the following risks with the
characteristics as shown in the following figure: How much capital should the project set aside for
the risk contingency reserve?

Mary is the project manager for her company. She’s working with the project team to compress the
project schedule as the project must be completed by December 30. For some of the project
activities, she and the project team have agreed to crash the project work. What must be true of

these project activities for crashing to be acceptable?

Gary is the project manager for his organization. At each weekly status meeting with his project
team, Gary collects information on the work that has been completed and reviews the work that is
remaining in the project. Alice, one of Gary’s project team members, consistently reports that she’s
late on her project work. After the meeting, Gary and Alice discuss why the work is late as it is
causing other delays in the project. What is the review of the late work commonly called?

You have a project to install 45,900 emergency exit signs throughout a university campus. You
have a crew of 45 project team members to install the signs and they are making good progress
on the installation but it looks like they’ll miss the promised end date. Your project requires all of
the signs to be installed one week before classes are scheduled to begin. You elect to crash the
project in an effort to shorten the installation duration activity. What does it mean to crash the
project?