Question: Consider an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and value completed is

Consider an activity in an advertising project

Consider an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and value completed is only 70%; the activity was supposed to be finished by now. Calculate (a) the cost variance and (b) the schedule variance. (c) Will the client be pleased or angry and why

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