Question: 2. You are a project manager working on a small marketing project to launch a new ad campaign. If earned value (EV) =350, actual cost

2. You are a project manager working on a small

2. You are a project manager working on a small marketing project to launch a new ad campaign. If earned value (EV) =350, actual cost (AC)=400, planned value (PV) =325. What is cost variance (CV)? O A. 350 OB. -75 O C. -50 O D. 400 3. You are a new project manager for your organization. Your project has a BAC of $250,000 and is expected to last 10 months. Currently, the project is in month six and is 40 percent complete, but the project was expected to be 60 percent complete by this time. You have spent $125,000 to complete the work. What is the cost performance index of the project? O A. 0.66 OB. 1.25 OC. 2 O D. 0.8 4. You have been asked by management to forecast the total cost of your project at completion. Baseline data includes BAC=$700, with PV=$300. Recent work performance data includes EV=$275, with AC-$280. Variances measured to date have no known cause, so therefore have little bearing on future estimates. What amount will you forecast? O A. 700 OB. 705 OC. 675 O D. 712.73

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