As you monitor the performance of your project, you realize that you are dealing with a budget deficit. You have gathered the following data:
Planned value at the end of project: $150,000
Earned Value at the time of analysis: $80,000
Planned value at the time of analysis: $100,000 Actual Cost at the time of analysis: $95,000
For the remaining part of your project, how well must you perform to stay on budget? a. You have to make every $1 count for more by a ratio of 1.27
b. You have to make every $1 count for more by a ratio of 1.40
c. You have to make every $1 count for more by a ratio of 1.58
d. There is not enough data to answer this question