Question: If AC is lower than EV, what does this mean? If AC is lower than EV, what does this mean? The project is under budget

If AC is lower than EV, what does this mean?

If AC is lower than EV, what does this mean? The project is under budget The project is over budget The project is ahead of schedule The project is behind of schedule If AC is lower than EV, what does this mean? The project is under budget The project is over budget The project is ahead of schedule The project is behind of schedule

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!

This quiz consists of 60 Multiple Choice-Questions (MCQs). 1. The chances of a risk event occurring as a project proceeds through its life cycle tend to A. Slowly rise B. Drop sharply and then level...

Here is a practical example of EVM (Earned Value Management). Three values, BCWS, BCWP, and AC, are all cumulative. Acronyms: BCWS (Budgeted Cost of Work Scheduled) is equal to PV (Planned Value)....

The painter agrees to paint 1 wall per day for $100. Let's assume a large 8 sided room. We predict 8 days for the job and $800. Each day, the painter gets paid $100 (he is paid by the hour and works...

You are going to build your own home, and subcontract out that build. For either project, you have a budget of $300,000, and a time frame of 9 months to either complete the house, In each unit, you...

Measuring Project Costs This section of the Cost Management Plan defines how the project's costs will be measured. The PMBOK focuses on Earned Value Management for measuring and controlling a...

Need help on the quiz GSGM7334 Project Management 37. When determining which activity to crash, there are other factors that should be assessed beyond cost. Which of the following is NOT one of these...

1. Which of the following choices shows how much of a project had been completed? a. Percent Complete (PC) b. Schedule Performance Index (SPI) c. Calculated Estimate at Completion (CEAC) d. Estimate...

I only need questions 1,2, and 6. Any help is appreciated! PMAN 650 Midterm Examination (v3) Scenario (Value: 21 points) You and your spouse have purchased a foreclosure you hope to flip for a...

Most of this is already answered. I need help with what is left. I would greatly appreciate it, thanks! The excel file is for the first question. PMAN 650 Midterm Examination (v3) Scenario (Value: 21...

Consider the accompanying speculative data relating to a nation's imports, utilization, and creation of T-shirts following the expulsion of the MFA portion: Without MFA (Free Trade With MFA $2.00...

Three infinite lines of charge, all parallel to the z-axis, are located at the three corners of the kite-shaped arrangement shown in Fig. 4-29 (P4.17). If the two right triangles are symmetrical and...

12 Look at the diagram. Copy and complete the explanation that the angle triangle ABC is 180. sum of Write the reason for each line 1) Angle A of the triangle = angle PCA 2) Angle B of the triangle =...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...