Which of the following represents the cost variance for both project completions?

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.

PK0-004 Part 10 Q20 005
PK0-004 Part 10 Q20 005

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
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