A project was budgeted at $ 1,000,000. The project is meanwhile being executed, and the following current figures have been assessed:

PV.  $500,000

EV. $450,000

AC.  $550,000

assuming that the cost variance was caused by one time cost drivers, which are no more effective, what estimate at completion can you derive from these figures?

a) $900,000

b) $1,000,000

c). $1,100,000

d). $1,222,222

can someone please explain? Thanks.