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The project has a total budget of $80,000 abd CPI of .95 . The project has spent $25,000 of its budget so far.?

How much more money do you plan to spend on the project?

 

A. $59,210

B. $80,000

C $84,210

D $109,210

Plan Execution Accounting Budget Analysis Project Management Management
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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/04
Upvote (2) Views (10) Followers (3) Answers (3) Report Question
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Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Option (A) is the right answer.

As per CPI at0.95, the more money to spend on the project as planned = (80,000 *100)/95 -25000

                                                                                                                                   = $59210.

Ibrahim Abdelnaby
by Ibrahim Abdelnaby , Operations Executive , Sky Air Services

the answer is a,,,

0.95 of=59210

 

Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

The Correct option is B) $80,000

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