PMP Exam Simulator

Your current web development project will take half a year to complete and will cost $80,000 a month. At the end of the third month you had to find out and report to the management the cumulative SPI. During the review, you found out that you spent $85,000 in the first month, $77,000 in the second month and $80,000 in the third month. You also found out that the project was 15% complete at the end of the first month, 35% complete at the end of the second month and 45% complete at the end of the third month. If you were planning to complete 50% of the project by this time, the cumulative SPI at the end of the third month is: