Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Review the graph showing the contractor's estimate at completion (EAC), and the Governments optimistic (uses CPI)) and pessimistic (uses CPI*SPI) EACs. What can you conclude

Review the graph showing the contractor's estimate at completion (EAC), and the Governments optimistic (uses CPI)) and pessimistic (uses CPI*SPI) EACs. What can you conclude from this about the contractors EAC? (IMAGE DESCRIPTION: EAC chart, with dollars in hundred thousands. Pessimistic EAC is $4536.6, Contractor's EAC is $4435.9, and Optimistic EAC is $4359.4.)
The contractors EAC falls within a range of EACs historical studies document as reasonable.
The contractors EAC is pessimistic because it is lower than the Governments pessimistic EAC.
It is not possible to tell anything about the EAC from this data.

The contractors EAC is very optimistic because it is above the Governments optimistic EAC.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investment Analysis and Portfolio Management

Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds

11th Edition

1305262999, 1305262997, 035726164X, 978-1305262997

More Books

Students also viewed these Finance questions