PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconCost Management

You had a meeting with stakeholders where the cost performance index (CPI) was on the agenda. Even though the stakeholders believed there was enough funds, halfway through the project the CPI is 0.7. In order to identify the root cause, the project has been audited. It was discovered that the project cost budget was estimated analogously. The activity estimates add up to the project estimate, however, the stakeholders think something was missing in how the estimate was completed. What was missing?