Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13. A certain project is going well and shows little to no deviation from the original plan. The BAC for this project is $14,000, and
13. A certain project is going well and shows little to no deviation from the original plan. The BAC for this project is $14,000, and the CPI is 0.95. a. What is the Estimate at Completion for the project? (3 points) EAC=BAC/CPI= EAC= 14,000/.95=$14,736.84 Solve for parts b. and c. b. If actual costs are $5,000 what is the Estimate to Complete? (3 points) ETC=(BAC-EV)/CPI ETC = (14,000-x)/.95 c. What is the Variance at Completion? (3 points) VAC = BAC - EAC
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started