Question: a) During a project, earned value analysis is performed, resulting in the following numbers: EV: 623,000; PV: 723,000; AC: 743,000. Which is correct? a. CV:

a) During a project, earned value analysis is performed, resulting in the following numbers: EV: 623,000; PV: 723,000; AC: 743,000.

Which is correct?

a. CV: +100,000; SV: +120,000

b. CV: -100,000; SV: -120,000

c. CV: -120,000; SV: -100,000

d. CV: +120,000; SV: +100,000

Explain the CV and SV:

a. The project is under budget and ahead of schedule

b. The project is above budget and behind schedule

c. The project is above budget and ahead of schedule

d. The project is under budget and behind schedule

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 General Management Questions!