The earned value report of a construction project shows that the cost performance index is 1.1. In addition, the budgeted cost of work scheduled is $300,000 whereas the schedule variance is -$100,000. The cost variance of the project is most nearly O 72,000 O 18,000
The earned value report of a construction project shows that the cost performance index is 1.1. In addition, the budgeted cost of work scheduled is $300,000 whereas the schedule variance is -$100,000. The cost variance of the project is most nearly O 72,000 O 18,000
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
Problem 19P
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![The earned value report of a construction project shows that the cost performance index is
1.1. In addition, the budgeted cost of work scheduled is $300,000 whereas the schedule
variance is -$100,000. The cost variance of the project is most nearly
O 72,000
18,000
200,000
O 33,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40516a15-699d-48b6-8d85-a49712153c27%2Fcf253ff5-c388-46eb-aa34-dc8dfedb50b6%2F2noyk3_processed.png&w=3840&q=75)
Transcribed Image Text:The earned value report of a construction project shows that the cost performance index is
1.1. In addition, the budgeted cost of work scheduled is $300,000 whereas the schedule
variance is -$100,000. The cost variance of the project is most nearly
O 72,000
18,000
200,000
O 33,000
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