Solved

A Sponsor Requests That the Project Team Shorten the Completion

Question 201

Multiple Choice

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. 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? A) -$4.8K and -$7K B) -$4.9K and $7K C) $4.8K and -$7K D) $4.8K and $7K Which of the following represents the cost variance for both project completions?


A) -$4.8K and -$7K
B) -$4.9K and $7K
C) $4.8K and -$7K
D) $4.8K and $7K

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q196: A key stakeholder claims to have not

Q197: A firm, fixed-price project is on pace

Q198: A project manager has gathered time estimates

Q199: A small company has a successful proof

Q200: The project team is distributed throughout a

Q202: A project is running behind schedule. To

Q203: A project manager, who previously worked at

Q204: Ann, one of the affected stakeholders, feels

Q205: A project manager is justifying a required

Q206: A project team has completed a major