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A Project Has Four Activities: A, B, C, and D

question 94

Multiple Choice

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the cost variance for the project?


Definitions:

Economic Differences

Variations in wealth, income, or economic structures between individuals, regions, or countries.

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Civil War

A war between citizens of the same country, often fought over issues of political power, territorial control, or social inequalities.

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