Question
Asked Mar 9, 2020
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A project’s budget was originally $100,000. The CPI is 1.2, and the project is already 40% along. Assuming the project variances are typical, how much more money will you need to complete the project?

   

$50,000

   

$43,000

   

$150,000

   

$83,000

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Expert Answer

Determine the estimated cost at completion:

Operations Management homework question answer, step 1, image 1

Determine the cost to complete the project:

Operations Management homework question answer, step 2, image 1

...

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