You're managing a project with a schedule performance index (SPI) of 1.07 and a cost performance index (CPI) of 0.94. ?

The Project is ahead of schedule and over its budget

Answer: DExplanation: When you're looking at CPI and SPI numbers, remember: lower = loser. If your CPI is below 1.0, then your project is over its budget. If the SPI is below 1.0, then the project is behind schedule. In this case, the project is ahead of schedule, since its SPI is above 1.0. But it's over its budget, because it's got a CPI that's below 1.0.