WBS Element Planned Value (PV) Earned Value (EV) Actual Cost (AC) 2.01 Airframe 48000 48000 50000 2.02 Engines 22000 21000 23000 2.03 Avionics 80000 60000 45000 2.04 Communications 30000 30000 30000 2.05 Tech. Manuals 42000 42000 48000 2.06 Spares 40000 35000 42000 2.07 Training 80000 80000 86000 Project Total 342000 316000 324000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report (October 31, 20XX) Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project cost performance as of October 31, 20XX? Select one: a. The project is $26,000 under budget. b. The project is $8,000 over budget. c. The project is $18,000 over budget. d. The project is on budget.
WBS Element Planned Value (PV) Earned Value (EV) Actual Cost (AC) 2.01 Airframe 48000 48000 50000 2.02 Engines 22000 21000 23000 2.03 Avionics 80000 60000 45000 2.04 Communications 30000 30000 30000 2.05 Tech. Manuals 42000 42000 48000 2.06 Spares 40000 35000 42000 2.07 Training 80000 80000 86000 Project Total 342000 316000 324000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report (October 31, 20XX) Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project cost performance as of October 31, 20XX? Select one: a. The project is $26,000 under budget. b. The project is $8,000 over budget. c. The project is $18,000 over budget. d. The project is on budget.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
|
WBS Element
|
Planned Value
(PV) |
Earned Value
(EV) |
Actual Cost
(AC) |
| 2.01 Airframe |
48000
|
48000
|
50000
|
| 2.02 Engines |
22000
|
21000
|
23000
|
| 2.03 Avionics |
80000
|
60000
|
45000
|
| 2.04 Communications |
30000
|
30000
|
30000
|
| 2.05 Tech. Manuals |
42000
|
42000
|
48000
|
| 2.06 Spares |
40000
|
35000
|
42000
|
| 2.07 Training |
80000
|
80000
|
86000
|
| Project Total |
342000
|
316000
|
324000
|
Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report
(October 31, 20XX)
(October 31, 20XX)
Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project cost performance as of October 31, 20XX?
Select one:
a. The project is $26,000 under budget.
b. The project is $8,000 over budget.
c. The project is $18,000 over budget.
d. The project is on budget.
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