A project manager is managing an eight-month effort and has to report on the financial health once a month.
No changes to the project will be approved going forward. Given the following table:
The project's burn rate is also decreasing by 10% monthly over the remainder of time. Which of the following BEST describes the project's financial health?
A. The project will burn $36,585, resulting in a net deficit of $11,585
B. The project will burn $54,615, resulting in a net deficit of $29,615
C. The project will burn $40,500, resulting in a net deficit of $15,500
D. The project will burn $45,000, resulting in a net deficit of $20,000
No changes to the project will be approved going forward. Given the following table:
The project's burn rate is also decreasing by 10% monthly over the remainder of time. Which of the following BEST describes the project's financial health?
A. The project will burn $36,585, resulting in a net deficit of $11,585
B. The project will burn $54,615, resulting in a net deficit of $29,615
C. The project will burn $40,500, resulting in a net deficit of $15,500
D. The project will burn $45,000, resulting in a net deficit of $20,000