For a Project, the TBC = $200,000, the CEV =

question 78

Multiple Choice

For a project, the TBC = $200,000, the CEV = $100,000, the CAC = $120,000.Which of the following statements is true?

• A) The project has a negative cost variance and corrective action is needed.
• B) The FCAC is less than the budget and the project scope should be adjusted.
• C) The project is progressing well and should be continued.
• D) The CPI is more than 1.0.

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