Question: #96 If the project Earned Value equals $500, the project Actual Cost is $300, and the project Planned Value is $600, what is the cost

#96

If the project Earned Value equals $500, the project Actual Cost is $300, and the project Planned Value is $600, what is the cost variance?
A $200
B $100
C $300
D

None of the above
#97
:A technique in which team members individually usually list ideas on paper.
A PERT chart
B Response surface
C Affinity diagrams
D

Matrix Diagram

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 Mathematics Questions!

Q:

If the project Earned Value equals $500, the project Actual Cost is $300, and the project Planned Value is $600, what is the cost variance? A.$200 B.$100 C.$300 D.None of the above

Q:

On a particular moment in the project, your Planned Value ( PV ) is $ 5 0 0 , Earned Value ( EV ) is $ 4 0 0 and Actual Cost ( AC ) is $ 3 5 0 . What is the Cost Variance? $ 7 5 $ 5 0 $ 1 5 0 $ 1 0 0

Q:

If a project has an Earned Value ( EV ) of $ 5 0 0 , an Actual Cost ( AC ) of $ 4 5 0 , and Planned Value ( PV ) of $ 6 0 0 , what is the Cost Performance Index ( CPI ) and what does it indicate? A ....

Q:

If a project has an Earned Value ( EV ) of $ 5 0 0 , an Actual Cost ( AC ) of $ 4 5 0 , and Planned Value ( PV ) of $ 6 0 0 , what is the Cost Performance Index ( CPI ) and what does it indicate? A ....

Q:

Name the cells and use cell names such as Actual_Cost, not cell addresses in formulas (60 points) an underscore is used as a space. Please remember to answer the questions on the last column on all...

Q:

Name the cells and use cell names such as Actual_Cost, not cell addresses in formulas (60 points) an underscore is used as a space. Please remember to answer the questions on the last column on all...

Q:

Question 1 If a company depreciates an asset purchased for $10M over seven years using the straight-line method, what is the total depreciation expense at the end of year 5? A $7,142,857 B...

Q:

Final Exam Multiple choice 8 points each 1. An integrated project management approach is one that: a. Develops new products with the use of multi-functional teams b. Exposes the front-loading of...

Q:

Multiple choice question 1. An integrated project management approach is one that: a. Develops new products with the use of multi-functional teams b. Exposes the front-loading of baselines c. Allows...

Q:

The first response to control this schedule is The second response to control this schedule is Earned Value Terminology Actual Cost = (sum) actual cost of all work actually performed Planned...

Q:

Assume a 20-year mortgage loan of $100,000 and an interest rate (APR) of 12%. What is the amount of the monthly payment? check that you get the same answer when using the annuity formula. now look at...

Q:

a. b. C. Assume there is a population of MBS's. These are non-agency MBS's such as subprime and alt-A MBS's. A set of financial firms owns these MBS's (broker-dealer banks, large banks, etc.)....

Q:

There are several types of responsibility centers. In general it can be said that: A . Profit centers are the most common type of responsibility center B . Most costs centers can also be evaluated as...

Q:

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.