Question: The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be

The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be $ 275,000. What is the limit that the project manager usually imposes on the actual cost (AC)?

A. The AC is usually limited to twice the planned value.

B. The AC will not have an upper limit.

C. The AC is usually limited to thrice the planned value.

D. The AC is usually limited to

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