A project manager is working on a large construction project. His plan says that the project should end up costing $1.5 million, but he’s concerned that he’s not going come in under budget. He’s spent

$950,000 of the budget so far, and he calculates that he’s 57% done with the work, and he doesn’t think he can improve his CPI above 1.05. Which of the following BEST describes the current state of the project?

A. The project is likely to come in under budget B. The project is likely to exceed its budget A. The project right on target B. There is no way to determine this information