A Project Manager Receives the Following Information on His Project

question 21

Multiple Choice

A project manager receives the following information on his project: PV = 4,500, AC =4,000, EV = 5,000. How well is the project doing in terms of budget?

• A) Right on budget
• B) 1,000 under budget
• C) 1,000 over budget
• D) 500 under budget
• E) 500 over budget

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Definitions:

Economic Turmoil

A state of great disturbance, confusion, or uncertainty in the economy, typically involving financial instability, market crashes, or recession.

Corporate Strategies

The plans and actions that a company undertakes to achieve its business goals and to secure a competitive position in the market.

Legal Issues

Concerns or problems regarding the interpretation and application of laws.

Human Capital

The ability to get things done based on what we know and can do.