Question
A project is in its 50th week and has an actual cost of $300,000 for the work performed to date. The budgeted cost of that
A project is in its 50th week and has an actual cost of $300,000 for the work performed to date. The budgeted cost of that work is $400,000. It expected to have completed $500,000 worth of work by this time. The budget for the entire project is $1,000,000. What is the:
a. CV
b. SV
c. CPI
d. EAC (provide two possible values. Show the formulas you use in calculating each)
Step by Step Solution
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Step: 1
AC actual cost 300000 PV planned value 400000 EV earned value 500000 BAC 1000000 a ...
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Project Management in Practice
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
4th edition
470533013, 978-0470533017
