As in the situation illustrated in Figure 2.16, an Irish Web design project at day 70 exhibits only 35 percent progress when 40 percent was planned, for an effective date of 55. Planned value was € 17,000$ at day 55 and € 24,000$ at day 70, and actual cost was € 20,000$ at day 55 and € 30,000$ at day 70. Find the time variance, cost variance, and schedule variance at day 70.

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Dollars Cost-schedule plan (baseline) Actual cost Value completed AC --PV- --EV- TE '1 Time variance (10-day delay) Schedule variance 2 Month Cost variance 3