If you are assigned as a PM for a construction project midway through it. As your first task, you analyze the current state of the project. You determine that the CPI is 0.9 and that the value earned for the work completed is $450,000. What is the amount of money that has been spent so far?     $405,000     $500,000     $250,500     $475,500

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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 If you are assigned as a PM for a construction project midway through it. As your first task, you analyze the current state of the project. You determine that the CPI is 0.9 and that the value earned for the work completed is $450,000. What is the amount of money that has been spent so far?

   

$405,000

   

$500,000

   

$250,500

   

$475,500

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