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A project manager is assigned to a critical software development project. The team is using a hybrid approach and has divided development into four sprints. At the end of sprint three, the project manager discovers that the earned value (EV) is US$500,000 and the planned value (PV) is US$550,000. What should the project manager do?
Correct Answer: A
SPI = EV/ PV. EV(US$500,000) / PV(US$550,000) = 0.9 So current SPI is < 1. It means behind schedule.