One of your project manager sends you a project finance summary as follows: Budgeted Cost till date $$40$K$,$ Actual Cost $$45$K$,$ Budget at Completion is $$100$K$,$ and the EAC is $$105$K$.$ She feels that the project is Green from Cost Management perspective. Your Program Controller says that Earned Value is $$30$K$.$ With this information, your conclusion would be:

SELECT THE CORRECT ANSWER

Concur with the Project Manager

Project is RED, as it would have no $ to complete the remaining work

Alert the Sponsor about the possible overrun

Rework the business case assuming another $10\%$ overrun given her track record