Question: A project has an Earned Value (EV) = $5, Actual Cost (AC) = $7 and both Cost Performance Index (CPI) and Schedule Performance Index (SPI)

  1. A project has an Earned Value (EV) = $5, Actual Cost (AC) = $7 and both Cost Performance Index (CPI) and Schedule Performance Index (SPI) equal 0.90. The original project budget is $10. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is the estimate at completion (EAC) of the project?

  1. $12.96

  2. $13.17

  3. $14.75

  4. $15

What is your reasoning? ________________________________________________________

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