Tom is working on a project to install a new Wi-Fi network on the campus of a Palo Alto Smartphone manufacturer.
The project has a budget of $2.5 million and involves numerous contractors. The expected value of the work (e.g. the Wi-Fi network) is $3.6 million dollars. Tom has budgeted $1.2 million for Wi-Fi equipment, $1.1 million for installation costs, employee laptop updates and training. He has also budgeted $200,000 for miscellaneous costs.
The project team has just begun installing the equipment needed - starting with the Wi-Fi antennas.The project has spent $400,000 on Wi-Fi equipment, $50,000 on site surveys, $3,000 on team meetings and team building sessions. Tom will be signing a contract for an extra ten Wi-Fi antenna tomorrow for $30,000.
What is the AC of the project