Evm problems


Note: I am an adult continuous learner. I started to learn EVM at work; however, I am hitting a wall with the EVM problems I am posting.

Since I am a visual learner and learn by example, I need the following completed.

1) Provide and show all answers and step by step work to obtain the answer, not skipping any steps. Show all equations, acronyms (ie ETC, ACWP, etc), and if applicable, a description of how you came to the answer. Thanks.

Problem:

If TCPI = 1.00, BCWP=40, ACWP=60, and BAC = 100, then EAC is most likely?

a) overstated
b) understated
c) accurate
d) not enough information.

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