What is the PMP pass rate?

The project is behind schedule and within its budget

B- If you want to evaluate how the project is doing with respect to the schedule and budget, you need to calculate CPI and SPI. The first step is to write down the information you have so far: BAC = $450,000 planned % complete = 45% actual % complete = 40% AC = $165,000. Now you can calculate PV = BAC x planned % complete PV= $450,000 x 45% = $202,500. And you can calculate EV = BAC x actual % complete EV= $450,000 x 40% = $180,000. Now you have the information you need to calculate CPI and SPI. CPI = EV / AC = $180,000 / $165,000 = 1.09, which is above 1.0so your project is within its budget. And you can calculate SPI = EV / PV = $180,000 / $202,500 = .89, which is below 1.0 - so your project is behind schedule.