1. If a GC was on a cost-plus project, without a GMP, how would payment on an EV basis affect them if they were a) under-running their estimate, or b) over-running their estimate? 2. If your project...

1. If a GC was on a cost-plus project, without a GMP, how would payment on an EV basis affect them if they were a) under-running their estimate, or b) over-running their estimate?

2. If your project had estimated the foreman would spend 1,000 hours by June 1, but he or she had only spent 800 hours, is your team over budget or under budget or ahead of schedule or behind schedule? And by how much?