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)
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ISBN:9781305084766
Author:Saeed Moaveni
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Chapter20: Engineering Economics
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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
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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