What does Jessica's project information (PV=200, EV=300, AC=250, BAC=1500, EAC=1208) indicate in terms of cost at completion?

The correct answer highlights that Jessica's project is projected to finish under budget, which is determined by calculating the estimate at completion (EAC) in relation to the budget at completion (BAC).

In this case, the EAC is given as 1208, while the BAC is 1500. Since the EAC is less than the BAC, it indicates that the total costs associated with completing the project are estimated to be lower than initially planned. This situation arises when the project is progressing efficiently, evidenced by the earned value (EV) of 300 compared to the actual cost (AC) of 250, suggesting that the project is not only meeting its schedule but is also completing work at a lesser cost than budgeted.

Therefore, since the projected completion cost (EAC) is significantly below the overall budget (BAC), it clearly indicates that the project will finish under budget. This understanding is essential in project management as it helps to assess project performance and make informed financial decisions moving forward.