A homeowner hires a contractor to build a four-sided square fence around his home. The homeowner provides the materials and the contractor supplies the labor. The contractor estimates each side will cost $2000 and require one week in duration.
At the end of week 1, the first side is completed at a cost of $2000. During week 2, the second side is completed but at a cost of $2400 because the contractor damaged a water line that the contractor had to repair. During week 3, the contractor completed only half of the fence for $1000 because it rained for the remaining half of the week.
At the end of week 3, the contractor must prepare an earned value measurement status report. Calculate the following:
BCWS: _____________________________________________________
BCWP: _____________________________________________________
ACWP: _____________________________________________________
BAC: _______________________________________________________
SV($): ______________________________________________________
CV($): ______________________________________________________
EAC = ([ACWP/BCWP] × BAC): _______________________________
ETC: _______________________________________________________
VAC: _______________________________________________________
% COMPLETE: ______________________________________________
% $$ SPENT: ________________________________________________
CPI: ________________________________________________________
SPI: ________________________________________________________