The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be $ 275,000. What is the limit that the project manager usually imposes on the actual cost (AC)?
A. The AC is usually limited to twice the planned value. B. The AC will not have an upper limit. C. The AC is usually limited to thrice the planned value. D. The AC is usually limited to 1.5 times the planned value.
You are managing a project to design microprocessor control systems. The design work was estimated to complete in 3.5 months, with seven milestones. The sixth milestone is the prototype to be handed over to manufacturing. All milestones before prototyping have been completed ahead of schedule with 6th one being delayed for 4 months as the prototype has been sent back several times, due to conflicts between departments. You are now planning to hold a meeting to review the design specifications, and handle conflicts between design and manufacturing. Who is at fault?
A. The scheduler. B. The project manager. C. The manufacturer. D. The design engineer.