Question: A short example illustrates their application. Assume that operations on a work package were expected to cost $ 1 , 5 0 0 to complete
A short example illustrates their application. Assume that operations on a work package were expected to cost $ to complete the package. They were originally scheduled to have been nished today. At this point, however, we have actually expended $ and we estimate that we have completed twothirds of the work. What are the cost and schedule variances?
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