A contractor agreed to build 30 temporary sheds in 90 days at a price of Rs. 10000/unit. Twenty days later, the contractor has finished 8 sheds with an actual total cost ofRs. 85000. What is the status of the project?

The project is time and cost under run

The project is time and cost overrun

The project is time overrun and cost under run

The project is time under run and cost overrun

A contractor agreed to build 30 temporary sheds in 90 days at a price

1.	A contractor agreed to build 30 temporary sheds in 90 days at a price of Rs. 10000/unit. Twenty days later, the contractor has finished 8 sheds with an actual total cost ofRs. 85000. What is the status of the project?
A.	The project is time and cost overrun
B.	The project is time overrun and cost under run
C.	The project is time under run and cost overrun
D.	The project is time and cost under run
Answer» D. The project is time and cost under run

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A contractor agreed to build 30 temporary sheds in 90 days at a price of Rs. 10000/unit. Twenty days later, the contractor has finished 8 sheds with an actual total cost ofRs. 85000. What is the status of the project?

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