Use the following information to answer parts (a) through (f). Describe what the results of each calculation mean to you as a project manager. What do you propose to do?
PV = $500,000
EV = $350,000
AC = $550,000
BAC = $1,200,000
a. Calculate the schedule variance (SV).
b. Calculate the cost variance (CV).
c. Calculate the schedule performance index (SPI).
d. Calculate the cost performance index (CPI).
e. Calculate the estimate to complete (ETC).
f. Calculate the estimate at completion (EAC).