Question: The PM is trying to keep costs under control EV= 280K, PV= 240K, AC= 230 K, is the project under or over budget and ahead

The PM is trying to keep costs under control EV= 280K, PV= 240K, AC= 230 K, is the project under or over budget and ahead or behind schedule?

A. The project is behind schedule and over budget B. The project is ahead of schedule and under budget C. The project is behind schedule and under budget D. The project is ahead of schedule and over budget

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Management Accounting Questions!

This assignment does not have a decision for you to make. You must perform an earned value analysis (EVA) of two project phases and assess their performance based on the EVA results. After completing...

Name: PMAN 635 9041 Final Exam Please do any ten of the following questions. If you do all twelve, I will credit you for the best ten. Each question you do will be worth ten percent of your final...

Several weeks of work have now been completed on Cascada PREP project. Two areas of particular concern are the budget and the schedule. Some members of the project management team propose earned...

What is the difference between cost variance and schedule variance? Describe the four performance indexes mentioned in chapter 11 of the text? Define control schedule process, list the control...

You are going to build your own home, and subcontract out that build. For either project, you have a budget of $300,000, and a time frame of 9 months to either complete the house, In each unit, you...

___1. Which of the following is an example of a direct cost on an IT project a. Salary of the project manager and subcontractor expenses b. Property taxes paid by the company c. Salary cost of...

I only need questions 1,2, and 6. Any help is appreciated! PMAN 650 Midterm Examination (v3) Scenario (Value: 21 points) You and your spouse have purchased a foreclosure you hope to flip for a...

please solve all problems. thanks, its appreciated Question 19 0.5 pts In organizations where projects are managed within a _, the team member's area manager, not the project manager, is responsible...

PM World Journal Voluntary Usage of EVM on Projects in Sub-Saharan Africa Vol. VI, Issue VIll - August 2017 by Lucky Enajite Edjenekpo www.pmworldjournal.net Featured Paper as "a method for project...

Question1 Whatis8tothepowerof8? Question2 Whatis1.05tothepowerof7? Question3 Theresultsofaprojectcanchangeanorganization'sfinancialstatements.Explain3waysthiscan occur. Question4...

A ladder leans against a large smooth sphere of radius R that is fixed in place on a horizontal surface. The ladder makes an angle of 60 o with the horizontal surface and has a length 5R/2. (a) What...

Assume you were contracted as a research supplier to Apple during the development of the iPad, introduced in 2010. What ethical issues would have influenced your firms behavior in its involvement...

The accounting records of Pina inc, show the following data for 2 0 2 5 ( its furst year of operations ) . Life ingurance experse on officers was $ 8 , 1 0 0 . value. For tax purposes, Pina used a 3...

What do you think is your strongest component of cultural intelligence? Your weakest? How would you go about shoring up your weaknesses?