Last Updated on August 11, 2021 by Admin 3
A sponsor requests that the project team shorten the completion of a project by two months to give the sales team more leverage in renegotiating the contract with the client. The budgeted time is 500 hours, and the projected earned value is $30,000.
Which of the following represents the cost variance for both project completions?
- -$4.8K and -$7K
- -$4.9K and $7K
- $4.8K and -$7K
- $4.8K and $7K