You are the Project Manager for KT’s Lumber Yard. You are trying to forecast estimates for the last phase of the project you are currently working on. Based on the performance of the project to date, which formula can be used to estimate the total value of the project when completed assuming similar variances will not occur?
A. ETC = (BAC – EV)/CPI
B. SV = EV – PV
C. CPI = EV/AC
D. EAC = AC + BAC – EV