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A project is supposed to last 100 days and allocated budget is $400,000 . At 50 th day, project was monitored and was found to

A project is supposed to last 100 days and allocated budget is

$400,000

. At 50 th day, project was monitored and was found to be

50%

percent complete and actual cost was incurred was

$300,000

. What would you say about the project's progress?\ a. Propect has incurred mote cost than planned.\ b. Project has incurred less cost than planned.\ c. Can't say anything

image text in transcribed
A project is supposed to last 100 days and allocated budget is $400,000. At 50 th day, project was monitored and was found to be 50% percent complete and actual cost was incurred was $300,000. What would you say about the project's progress? a. Project has incurred mote cost than planned. b. Project has incurred less cost than planned. c. Can't say anything

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