Question: You are the project manager of a project to develop mobile applications. You are to develop 2 mobile applications each month for 12 months. Each

You are the project manager of a project to develop mobile applications. You are to develop 2 mobile applications each month for 12 months. Each mobile application is planned to cost $100. Your project duration is set to be 12 months. Assume the project finished 10 months and you have developed only 20 mobile applications and your CPI is 0.9091.

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1. How is the project performing? (20 marks)

A. Over budget and ahead of schedule B. Under budget and on schedule C. Over budget and behind schedule D. Under budget and behind schedule.

Explanation:

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2. What is the actual cost (AC) of the project right now? (20 marks)

A. $1800 B. $2000 C. $2200 D. $2400

Explanation:

3. If the variance experienced so far were to stop, what is the projects estimate at completion (EAC)? (20 marks)

A. $2400 B. $2440 C. $2640 D. $2800

Explanation:

4. Assuming that the COST variance experienced so far in the project will continue, how much more money will it take to complete the project (ETC)? (20 marks)

A. $400 B. $440 C. $2800 D. $2840

Explanation:

5. What is the new duration of the project? (20 marks)

A. 10 months. B. 11 months. C. 12 months. D. 13 months.

Explanation:

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