As in the situation shown in Figure 2.16, a project at month 2 exhibited an actual cost

Question:

As in the situation shown in Figure 2.16, a project at month 2 exhibited an actual cost of $ 78,000, a planned value of $84,000, and a value completed of $81,000. Find the cost and schedule variances. Estimate the time variance.

Figure 2.16:

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations And Supply Chain Management For MBAs

ISBN: 9781119355328

6th Edition

Authors: Jack R. Meredith, Scott M. Shafer

Question Posted: