Question: If PV = $211, EV = $180 and AC = $212, the status is: (a) Under budget and behind schedule (b) Over budget and behind

If PV = $211, EV = $180 and AC = $212, the status is:

(a) Under budget and behind schedule

(b) Over budget and behind schedule

(c) Under budget and ahead of schedule

(d) Over budget and ahead 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!

Q:

You are the sponsor for project XY. The project manager has provided you the following three status reports. The project started on 2/1 and it is now the end of the 4th week. For this assignment,...

Q:

1.You have a project to install 50 solar panels on a roof. You estimate that you can install 5 panels a day, and thus it will take you 10 working days. The cost per installed solar panel, including...

Q:

1) You have a project to install 50 solar panels on a roof. You estimate that you can install 5 panels a day, and thus it will take you 10 working days. The cost per installed solar panel, including...

Q:

You have a project to install 50 solar panels on a roof. You estimate that you can install 5 panels a day, and thus it will take you 10 working days. The cost per installed solar panel, including...

Q:

If review of a project's status indicates that EV = $400, AC = $400, and PV = $500, the project is: Question 34 Select one: a. On budget, behind schedule b. On budget, ahead of schedule c. Over...

Q:

If review of a project's status indicates that EV = $400, AC = $400, and PV = $500, the project is: Question 34 Select one: a. On budget, behind schedule b. On budget, ahead of schedule c. Over...

Q:

1. Because you are a future project manager, your friend asks for help in renovating his basement. After planning the requirements, you determine the renovation will cost $35,000 at completion. You...

Q:

Given the following information for a one - year project, answer the following questions. Recall that PV is planned value, EV is earned value, AC is the actual cost, and BAC is the budget at...

Q:

Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at...

Q:

Assume you have completed half of a 6 month project. The BAC was $ 200,000. PV = $ 120,000 EV = $ 100,000 AC = $ 90,000 !! %3! a. What is the cost variance, schedule variance, cost performance index...

Q:

Journalize entries for the following related transactions of Platypus Company: a. Purchased $71,500 of merchandise from Sitwell Co. on account, terms 1/10, n/30. b. Paid the amount owed on the...

Q:

What are the carryover periods for corporate net operating losses?

Q:

Which of these is a self - selection technique to use with employees to mitigate the asymmetric information problem between employer and job applicant?Group of answer choicesdo not verify claims of...

Q:

A FHA HECM reverse mortgage is only required to be repaid (1) when the borrower moves, or (2) when the borrower dies. Assume you take out a $300,000 reverse mortgage loan, under the FHA program, for...