How many hours have been earned?

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03.

How many hours have been earned?
A . 9,979
B . 10,586
C . 11,052
D . 9,559

View Answer

Answer: B

Explanation:

Given Data:

Hours expended: 10,278 hours

CPI (Cost Performance Index): 0.93

SPI (Schedule Performance Index): 1.03

To calculate Earned Hours:

Earned Value (EV) can be calculated using the formula: EV=AC×CPItext{EV} = text{AC} times text{CPI}EV=AC×CPI

However, since the question asks for hours earned rather than monetary values, we interpret "earned hours" as: Earned Hours=Hours Expended×SPItext{Earned Hours} = text{Hours Expended} times text{SPI}Earned Hours=Hours Expended×SPI

Therefore: Earned Hours=10,278×1.03≈10,586 hourstext{Earned Hours} = 10,278 times 1.03 approx 10,586 text{ hours}Earned Hours=10,278×1.03≈10,586 hours

B. 10,586