You have just taken over a project from another project manager. Incomplete information is available to you on the project status. You have been told that the cost performance index (CPI) = .92, the earned value (EV) = $322,000 and the planned value (PV) = $180,000. What is the actual cost (AC) for the project?

You are assigned to manage a 12 month project estimated to cost $36,000 at the end of the project. Today is the end of month 3 and you are 20% complete. According to the finance Department you have spent $7500 to date.

Calculate the PV, EV, and the AC

Answer rating: 100% (QA)

Solution Given Information CPI 092 EV 322000 PV 180000 i A... View the full answer