Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are managing an eight-month project with a BAC of $100K. On Friday afternoon, at the end of the fourth month (half way through the

You are managing an eight-month project with a BAC of $100K. On Friday afternoon, at the end of the fourth month (half way through the project), your EVM system provides the following values:

BCWS=$50K BCWP = $55k ACWP = $75k Your boss asks you to present the EAC at the Monday morning status meeting. You have been an attentive project manager and you have been especially pleased that the BCWP has been tracking quite well to the BCWS. Below are listed three possible answers one might provide as the EAC.

For each possible answer, first list any assumptions necessary and then provide the rationale and analysis, which would justify or explain it.

$100k:

$125k:

$150k:

Having done the analysis and considered the explanations for each of these answers, which answer would you be most comfortable presenting to your boss? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions