You are project manager for a strategic project with a multi-million dollars value assigned by a company that is listed at a US stock exchange. Recent earned value analysis after app 25% completion told you that your project has a CPI of 0.76.What should the project manager do right now
A、The variance is a signal of a sound project which is well under budget. There is no need for action.
B、A project that much under budget may be a problem for negotiating future budgets. Try to spend money somewhere else.
C、 You should immediately inform your management, which should then assess whether this CPI constitutes a material financial issue.
D、 It is still early in the project and data are yet inaccurate. Wait a while and allow numbers from the project to stabilize.