ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Calculate
- BAC=$20,000
- EV=$19,000
- PV=$19,000
- AC=$17,000
CPI=Answer
TCPI=Answer
How reasonable is the prediction that we will finish the project on budget? Given our performance so far:
We are being too optimistic thinking that we will complete the project on budget - we will probably finish the project over budget
It is a reasonable assumption to think that we will complete the project on budget
We are being too conservative - we will come in well under budget at this rate
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