$1.$ Earned Value $(20$ points$)$

$*$ Assume you are the project manager and based $on$ your customers$$ requirements you have determined there are four main tasks $in$ a Dream Kitchen project. Each phase has been assigned a $TBC.$ Specifically, the customer wants their existing kitchen cabinets and appliances removed, a wall separating the kitchen from the living area removed, and a support beam installed $(Task1-$ $$25,000)$; plumbing, electrical, and mechanical installe$\frac{d}{r}$elocated $(Task2-$ $$16,000)$; new appliances, cabinets, and countertops $(Task3-$ $$35,000)$; and paint, trim, and clean $up(Task4-$ $$3,000).$ You estimate this will take $5$ weeks $to$ complete.

$*$ The budgeted costs are $as$ follows:

Budgeted Per Week $(in000s)$

$TBC12345$

Task $1256127$

Task $21621031$

Task $335216107$

Task $4312$

$*$ Assume $4$ weeks have passed and these are the actual costs per week:

Actual Costs Per Week $(in000s)$

$1234$

Task $15165$

Task $22582$

Task $351810$

Task $42$

$*$ Below $is$ the cumulative percentage $of$ work complete per task per week:

Cumulative Percentage Complete

$1234$

Task $130\%82\%100\%$

Task $215\%25\%75\%95\%$

Task $312\%35\%75\%$

Task $450\%$

Show calculations and complete the table with the calculated value$\frac{s}{a}$nswers $asof$ the end $of$ week $4(20$ points$)$:

Calculations

$TBC(1$ point$)$

$CBC(1$ point$)$

CAC $(1$ point$)$

CEV $(4$ point$)$

CPI $(2$ point$)$

$CV(1$ point$)$

SPI $(1$ point$)$

$SV(1$ point$)$

Final Duration

$(calculateas$ Planned Duratio$\frac{n}{S}PI)$

$(2$ points$)$

FCAC Method $1$

$(calculateasTB\frac{C}{C}PI)$

$(2$ points$)$

FCAC Method $2$

CAC $+(TBC-$ CEV$)$

$(2$ points$)$

$Is$ this project over $or$ under budget?

$(1$ point$)$

$Is$ this project ahead, $on-$time, $or$ behind schedule?

$(1$ point$)$