1.

2. Based on the calculations from question 5, what is the Cumulative Earned Value (EV) of Saldan Construction project at the end of week 7?

3. What is the CV [Cost Variance] at the end of week 7? Use the Abbreviations and Formulas sheet to find the right formula.

4. Please, read attentively the options below and chose the answer that explains your cost variance (CV).

Select one:

a. There is a cost overrun, corrective action is not needed.

b. There is a cost underrun, corrective action is not needed.

c. There is a cost overrun, corrective action is needed.

d. There is a cost underrun, corrective action is needed.

5. What is the CPI [Cost Performance Index] at the end of week 7?

6. Based on the CPI result from the previous question, is there an immediate need to take corrective action?

Select one:

a. Yes

b. No

7. What is the SPI [Schedule Performance Index] at the end of week 7?

8. Based on the SPI result from the previous question, chose the right answer:

Select one:

a. Less work has been accomplished compared to each $1.00 worth of scheduled work to date. The project is behind schedule.

b. More work has been accomplished compared to each $1.00 worth of scheduled work to date. The project is ahead of schedule.

c. More work has been accomplished compared to each $1.00 worth of scheduled work to date. The project is behind schedule.

d. Less work has been accomplished compared to each $1.00 worth of scheduled work to date. The project is ahead of schedule.

9. Assume that you are planning to perform the remainder of the work at the same rate of efficiency that you did from week 1 to 7.

Chose the right formula and estimate the cost at completion (EAC).

10. Calculate the To-Complete Performance Index (TCPI).

11.

Based on your calculation in the previous question, choose the right answer that describes properly the TCPI that you calculated.

Select one:

a. There is more work than there is budget left.

b. There is less work than there is budget left.

c. The amount of work to do and the budget left are equal.

Use the following table of cumulative percentages of work completed to determine the cumulative earned value (EV) of the project at the end of week 7. BAC 50 Week 1 25% 2 80% 3 100% 5 100% 6 100% 7 100% Task 1 100% % $ % Task 2 90 10% 20% 22% 45% 75% 80% Task 3 60 10% 25% 35% 60% % $ Total Compute earned value for every package. Complete the rows will $ sign in the same table under % complete rows. Calculate the Total as well. Week BAC 1 2 3 14 5 16 7 Task 1 50 25% 80% 100% 100% 100% 100% 100% % $ Task 2 90 10% 20% 22% 45% 75% 80% % $ Task 3 160 10% 25% 35% 60% % $ Total Use the following table of cumulative percentages of work completed to determine the cumulative earned value (EV) of the project at the end of week 7. BAC 50 Week 1 25% 2 80% 3 100% 5 100% 6 100% 7 100% Task 1 100% % $ % Task 2 90 10% 20% 22% 45% 75% 80% Task 3 60 10% 25% 35% 60% % $ Total Compute earned value for every package. Complete the rows will $ sign in the same table under % complete rows. Calculate the Total as well. Week BAC 1 2 3 14 5 16 7 Task 1 50 25% 80% 100% 100% 100% 100% 100% % $ Task 2 90 10% 20% 22% 45% 75% 80% % $ Task 3 160 10% 25% 35% 60% % $ Total