Question: During your project analysis, you understand that there is a cost - variance in the project. Further analysis shows that it is a one -
During your project analysis, you understand that there is a costvariance in the project. Further analysis shows that it is a onetime variance caused by an unexpected rework. You do not expect such situation in future. You would like to get the Estimate at completion for your project, so you perform earned value analysis and get the following data: ;;;BAC What is EAC
a
b
c
d
You are managing a software project with an initial budget estimate of million USD. During interim cost and schedule performance analysis, you figured out that:
You should have spent $ till now based on your initial plans and mandays of schedule activities
You spent $ till now and completed mandays of schedule activities which should have cost $ based on your initial plans.
You reestimated the budget required for the remaining work to be done as $
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