A project has an Earned Value (EV) = $5, Actual Cost (AC) = $7 and both...
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A project has an Earned Value (EV) = $5, Actual Cost (AC) = $7 and both Cost Performance Index (CPI) and Schedule Performance Index (SPI) equal 0.90. The original project budget is $10. Assuming the remaining work will be impacted by the current cost performance and current schedule performance, what is the estimate at completion (EAC) of the project?
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$12.96
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$13.17
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$14.75
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$15
What is your reasoning? ________________________________________________________
Homework Answers
Given Data,
EV = 5
AC = 7
CPI = SPI = 0.9
BAC = 10
It is mentioned that the remaining work will get impacted by current cost performance and current schedule performance.
So, The formula for EAC will be:
Substituting the values, we get
is the answer
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A project has an Earned Value (EV) = $5, Actual Cost
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