Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A project has a baseline budget of $100,000 and a baseline schedule of 40 weeks. The baseline indicates that by the end of week 20,
A project has a baseline budget of $100,000 and a baseline schedule of 40 weeks. The baseline indicates that by the end of week 20, the project is planned to be 50% complete. As of the end of week 20, it is reported that 40% of the project work has been completed at a cost of $60,000. Using the EVM method, BAC = $100,000, SAC = 40 weeks, and % complete = 40%. What are the Earned Value (EV), Cost Performance Index (CPI), and Critical Ratio (CR)? 60000, 0.67, 0.80 40000, 0.67, 0.53 40000, 0.80, 0.67 60000, 0.53, 0.67
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