1) Given the following information for a one-year project, answer the following questions. (Please show your work each question)

Planned Value (PV) = $23,000

Earned Value (EV) = $20,000

Actual Cost (AC) = $25,000

Budget At Completion (BAC) = $120,000

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?

d. Us the SPI to estimate how long it will take to finish this project.

e. Sketch the earned value chart for this project.

1) Given the following information for a one-year project, answer the following questions. a. What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SP1) 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? d. Us the SPI to estimate how long it will take to finish this project. e. Sketch the earned value chart for this project