For a Project, the TBC = $200,000, the CEV =

Multiple Choice

For a project, the TBC = $200,000, the CEV = $120,000, the CAC = $100,000.Which of the following statements is true?

A) The project has a negative cost variance and corrective action is needed.
B) The FCAC is greater than the budget and the project scope should be adjusted.
C) The project is progressing well and should be continued.
D) The CPI is less than 1.0.