Question

) Assume the actual cost of the work performed, on another task at the end of the second week of the project, is $16,000. The budgeted cost of the work that was performed was $15,500. Total estimate (a.k.a. the budget or BAC) = $29,000. (10points) A) Calculate the cost performance index and fully interpret the value as noted in lecture. B) Determine the total estimated cost at completion and the estimated cost to complete if the cost performance index remains constant through the remainder of the task.

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