Question: You are a project manager on a project that uses earned value management. The project has the following budget and status: Project Duration (months): 14

You are a project manager on a project that uses earned value management. The project has the following budget and status:

Project Duration (months):

14

Current Reporting Period (month):

6

BAC:

$387,000

Cumulative PV:

$68,345

Cumulative AC:

$78,379

% of the project completed through the reporting period:

19%

Estimate to Complete:

$294,677

What is the status of project accomplishment performance through the current reporting period? Why?

What is the status of project cost performance through the current reporting period? Why?

Is the project projected to complete over- or underbudget? Why?

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