Question: A project is in its 50 th week and has an actual cost of $900,000 for the work performed to date. The budgeted cost of
A project is in its 50th week and has an actual cost of $900,000 for the work performed to date. The budgeted cost of that work is $600,000. It expected to have completed $2,000,000 worth of work by this time. The budget for the entire project is $10,000,000. What is the:
a. CV
b. SV
c. CPI
d. EAC (provide two possible values. Show the formulas you use in calculating each)
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