Given a project with the following characteristics, answer the following questions:

• You are the project manager of a project to upgrade the generators at cell phone towers.
• Your project is scheduled to last for 12 months.
• It is the beginning of month 4.
• Your crews are to upgrade 8 cell phone towers per month for 12 months.
• Each generator is planned to cost $40,000 which includes equipment, labor, and fueling costs.
• You have upgraded 30 cell phone towers and your CPI is 0.96.

9.

1. A project has an original project budget of $1,150 and both the Cost Performance Index (CPI) and Schedule Performance Index (SPI) are equal to 1. Assuming the project will continue to spend money at the same rate, what is the estimate at completion (EAC) of the project?

1. $1,000
2. $1,250
3. $1,150
4. $1,033

What is your reasoning?