Question: A project was budgeted at $ 1 , 0 0 0 , 0 0 0 . Meanwhile, the project is executed, and the following current

A project was budgeted at $1,000,000. Meanwhile, the project is executed, and the following current figures have been assessed: PV: $500,000 EV: $450,000 AC: $550,000. Assuming that the cost variance was caused by one-time cost drivers, which are no longer effective in estimations, what estimate at completion (EAC) can you derive from these figures?
Question 1Answer
a.
$1,222,222
b.
$1,000,000
c.
None of the provided figures
d.
$900,000
e.
$1,100,000

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!

Q:

Glaxo, Inc. has purchased various assets during the year. Please treat each bolded line item below separately and indicate the proper MACRS life, convention, and depreciation amount for the...

Q:

A project was budgeted at R2, 000,000. The project is meanwhile being executed, and the following current figures have been assessed: PV: R 1 000, 000 EV: R 700, 000 AC: R 1 100 000.The planned...

Q:

A project was budgeted at $1,000,000. Meanwhile, the project is executed, and the following current figures have been assessed: PV: $500,000 EV: $450,000 AC: $550,000 Assuming that the cost variance...

Q:

For a project, the following earned value data have been assessed: AC: \$ 1,000,000 CV: \$ -200,000 SPI: 1.12 BaC: \$ 4,650,000 What is the earned value of the project? Select one: a. $1,200,000 b....

Q:

Please ensure you respond to the last part of the question since i have already submitted same and it was ignored QUESTION 1. A. Give four (4) categories of costs that are applied to projects. [4...

Q:

Calculate the cost budget for the project below with a contingency reserve of 20% is applied to the cost estimate and 4% management reserve is applied to the cost baseline . Control Account Cost /$...

Q:

A project was budgeted at $ 1 , 0 0 0 , 0 0 0 . Meanwhile, the project is executed, and the following current figures have been assessed: PV: $ 5 0 0 , 0 0 0 EV: $ 4 5 0 , 0 0 0 AC: $ 5 5 0 , 0 0 0 ....

Q:

A project was budgeted at $950,000. Meanwhile, the project is executed, and the following current figures have been assessed: PV: $130,000, EV: $120,000, AC: $150,000. Assuming that the cost variance...

Q:

A project was budgeted at $1,000,000. Meanwhile, the project is executed, and the following current figures have been assessed: PV: $500,000, EV: $450,000, AC: $550,000. Assuming that the cost...

Q:

A project was budgeted at $ 1 , 0 0 0 , 0 0 0 . Meanwhile, the project is executed, and the following current figures have been assessed: 1 PV: $ 5 0 0 , 0 0 0 1 EV: $ 4 5 0 , 0 0 0 AC: $ 5 5 0 , 0 0...

Q:

3) You are in charge of the Aurora Project. Given the following project network, baseline, and status information, (40 Points) B DI OA E Develop status reports for periods 7 and complete the...

Q:

You are working on a cash budget for Natalie's Networking Co. The company has a surplus in January of $8,200 and $2,000 in outstanding loans. Their minimum cash balance required is $10,000. What cash...

Q:

You will be developing your own project for this assignment. Choose a project (ex. event, small renovation, website development) with at least three workers including yourself (assume everyone will...

Q:

You are administering the estate of the late Deena Naidoo. In terms of Deena Naidoo s Will, his son, Janesh is to receive a bequest of R 2 5 0 0 0 0 - 0 0 . Janesh advises you that he has entered...

Q:

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....