Robyn Cucurullo is developing a social networking app for tablet computers. She has the following stages completed so far:

a. Create a table similar to the one in Figure 3.27.
b. For Week 3, calculate the budget at completion (BAC), planned value (PV), actual cost (AC), and earned value (EV) at Week 3.
c. For Week 3, calculate the performance measures of cost variance (CV), schedule variance (SV), the cost performance index (CPI), and the schedule performance index (SPI).
d. What can you tell about the budget in Week 3 by using these performance measures?
e. What can you tell about the schedule in Week 3 by using these performance measures?
f. For Week 3, calculate the estimated time to complete (ETC) and estimate at completion (EAC).

Transcribed Image Text:

Week or Estimated Cost Stage Completed Actual Cost of Stage of Stage Stage to Date Week 1 Week 2 Week 3 Week 4 Week 5 $500 400 600 500 400 100 % 100 % 100 % 50 % 500 500 700 50 Not yet begun