Your IT company is working on a four-month project for a local mining company. The total planned value of the project (BAC) is $600,000. You are at the end of month three. By the end of month three you scheduled to spend $500,000(PV). The actual cost through this three-month mark is $450,000 (AC). The total work completed at the end of month three is 94 percent. Calculate the earned value, EV=
Your IT company is working on a four-month project for a local mining company. The total planned value of the project (BAC) is $600,000. You are at the end of month three. By the end of month three you scheduled to spend $500,000(PV). The actual cost through this three-month mark is $450,000 (AC). The total work completed at the end of month three is 94 percent. Calculate the earned value, EV=
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Your IT company is working on a four-month project for a local mining company.
The total planned value of the project (BAC) is $600,000.
You are at the end of month three. By the end of month three you scheduled to spend $500,000(PV).
The actual cost through this three-month mark is $450,000 (AC).
The total work completed at the end of month three is 94 percent.
Calculate the earned value, EV=
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