Assume that you have completed three months of the project. The BAC was $120,000 for this six-month

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Assume that you have completed three months of the project. The BAC was $120,000 for this six-month project. You can also make the following assumptions:

PV = $60,000
EV = $55,000
AC = $50,000

a. What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?

b. How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget?

c. Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?

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Information Technology Project Management

ISBN: 9781337101356

9th Edition

Authors: Kathy Schwalbe

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Question Posted: Oct 04, 2022 02:09 AM

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Assume that you have completed three months of the project. The BAC was $120,000 for this six-month

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Calculations and explanation a The cost variance is 5000 EVAC the schedu...View the full answer

Information Technology Project Management

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