What is the total cumulative planned value and cumulative

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Question: Project manager and lead architect Mr. Costanza of Vandelay Industries has begun a renovation project for the Guggenheim Museum in New York City. The initial analyses suggested the overall project would be scheduled to take two years (i.e., 24 months) with an approved budget at comple-tion of $4.8 million. (a) Assuming that all value enhancements to the project are linear (i.e., the BAC was determined by assuming that the total costs would be spread equally among the 24 months), what is the planned value per month? (1 point) (b) Eight months into the project, Mr. Constanza determines that the earned value is $230,000 per month. What is the total cumulative planned value and cumulative earned value over this 8-month period?

Reference no: EM133602942

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