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Ben was asked by his PMO Director to review the project that just closed and provide the variance at completion. Based on the following parameters, what was the VAC condition? BAC=$125,000 and CPI =.75.
Positive
Undetermined
Negative
Neutral
Let's first look at the formulas: VAC=BAC-EAC and EAC=BAC/CPI. EAC= $125,000/.75=$166,667. VAC=$125,000-$166,667 =-$41,667. The correct answer is C and shows that project is over planned cost. (PMBOK 2013 Rev 5th Edition, pgs 217-225).
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