A project to build a 1.2 kilometer runway is budgeted at US$1 million, and is estimated to a 100 meters of runway every month. The project manager is asked by senior management to report the status to the sponsor monthly using earned value management (EVM).After six months, 600 meters of the runway is completed. And US$600,000 has been spent.Which of the following should the project manager report to the sponsor?
A、The project has a cost performance index of 0.83 and a schedule performance index of 1. The project is on time, but is likely to be over budget.
B、The project has a cost performance index of 0.6 and a schedule performance index of 1. Due to the S-Curve, The project is likely to be completed on time and on budget.
C、Work is progressing well with an earned value of US$600,000, and it is expected to be completed on time
D、Work is progressing well, however, the project will to over budget. There is insufficient information available to create an estimate using EVM.