Cost question
Submitted by pmasp1 on Wed, 11/30/2011 - 22:56
Forums:
You’re managing a construction project to install 7,500 light switches in a new high-rise building.
You’ve installed 3,575 of them so far, and you’ve spent $153,500 of your total budget of $245,000. Which
of the following is true?
A. The AC is $153,500, so I’m ahead of schedule
B. The ETC is $168,995, so I’m within by budget
C. The CV is $36,880, so I’ve exceeded my budget
D. The CPI is .7597, so I’m within my budget
